4-year trend & Financial forecast In a four year span, apple, inc. has shown an increase in consecutive years in their total revenues, cost of goods sold, net income, and their gross profit. If apple, inc. continue their progress at this rate, then their numbers will continue to increase, even through the economic slumber.
Apple, Inc. Success
In its first month, over 1 million iPads were sold.
The iPhone by itself constitutes 40% of Apple’s
revenue, which is more than 28% from Mac sales.
The most current quarter Apple earned approximately
$3 billion on iPhones.
Since January 2007, Apple’s stock jumped 176 %
Apple, Inc. Domination
The iPhone Challenger outsold the BlackBerry Torch
9800, with 1.7 million iPhone 4 units, compared to
BlackBerry Torch’s 150,000 phones.
Asustek Computer, Inc. is heavily feeling the pressure
as the iPad is causing the demand for their Eee netbook
“ Chief Financial Officer David Chang said already the
iPad’s entrance into the market is being felt…Because
of the impact of the iPad, the growth of Eee PC [sales]
will be limited”
Apple, Inc. Turbulence
Apple Inc.’s Japan unit has felt the heat coming from
Japanese government, this is due to problems with the
first generation iPod Nano batteries overheating.
In 2008, there were 27 reported incidents of the iPod
Nano batteries overheating.
There were six cases where overheated iPod Nano
Batteries cause fires resulting in four minor burn
“ Unbelievable Q2 results in July contained a 14% earnings surprise on a 61% increase in revenue.”
“ This is the go-to company for young consumer electronics aficionados with its iPhone, iPod and iPad and Mac books topping the charts of popular devices for the back to school crowd.”
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