Monday, March 12, 2018

Apple Financial Review (Business Info)


(CREDITS):
--written by thewriter197
--employed by Ashford University


Apple's financial statement shows that their capital is not producing more then their payments. They owe more billions to other companies. According to the information, they do not want people to know where that money goes to pay debts. According to business insider, Apple is losing money in "Iphone sales" and has been losing money in sales for the past 3 years since 2014. People are not happy about Apple's new phone features like the short battery life and the exclusive headphones that keep falling off. People are switching to Samsung and other tough screen phones to get the value they deserve. Apple is not doing well financially. Their statement shows they are spending more money then they make. In order to increase sales, Apple needs to make phones that are universal and change their price to a lower amount. People do not have the money to buy a "$500.00" phone. They have to pay bills and make sure they can eat tonight. People do not have the money or the luxury to buy expensive cell phones. People have to work really hard these days just to pay rent. Apple needs to lower its prices to adjust to the job market which does not provide full time hours these days. Some people might be willing to buy more Iphones but the truth is that Apple making products that people do not want. The statement which shows very little information about Apple's transactions, show that Apple is not making more then it borrows to produce the technology. It could also be that people are not putting up with useless technology anymore. Apple needs to stop ripping people off or it will be finished.



Reference:

http://files.shareholder.com/downloads/AAPL/6084927401x0x840254/7137D28C-2E6E-4406-8435-ADAB52BB6F4C/Apple_Return_of_Capital_and_Cash_Position_Q118.pdf

https://www.reuters.com/article/us-apple-results-research/apple-stock-loses-some-sheen-on-disappointing-iphone-sales-idUSKBN1FM1VI

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