Apple And Google: Interpretation Of Financial Statement Essay

PAGES
2
WORDS
544
Cite

Apple and Google: Interpretation of Financial Statement Changes Based on the computations presented in Table 1, Apple comes across as being the best performer. My assertion is in this case largely based on the changes in the revenue figure. In the two years under consideration, the company registered a 66% increase in revenues. The enhanced revenue could in this case be an indicator of enhanced sales as a result of aggressive marketing or new product launch. An increase in unit selling price of the company's products could also have contributed to the change in revenue. Google on the other hand managed to increase its revenues by 29% within the same period. It is however important to note that in each case, the cost of goods sold also increased significantly.

From a managerial perspective, the...

...

To begin with, I could utilize the said information to assess the current status of the companies in question. For instance, Apple's cost of goods sold increased from $39,541 million in the year 2010 to $64,431 in 2011. This represents a 63% increase in the cost of goods sold within the period under consideration. An increase in the cost of goods sold essentially leads to a decrease in net income. From a managerial perspective, the information contained in Table 1 in regard to changes in COGS over the two-year period could help in the determination of the appropriate measures to be taken in a bid to control the escalating cost of sales. Thus the information could be used as a diagnostic tool. Secondly,…

Sources Used in Documents:

References

Duchac, J.E., Reeve, J.M. & Warren, C.S. (2006). Financial Accounting: An Integrated Statements Approach (2nd ed.). Mason, OH: Thomson Higher Education.

Yahoo Finance. (2012). Apple Inc. (APPL)-NasdaqGS. Retrieved October 24, 2012, from Yahoo Finance website: http://finance.yahoo.com/q/is?s=AAPL+Income+Statement&annual

Yahoo Finance. (2012). Google Inc. (GOOG)-NasdaqGS. Retrieved October 23, 2012, from Yahoo Finance website: http://finance.yahoo.com/q/is?s=GOOG+Income+Statement&annual


Cite this Document:

"Apple And Google Interpretation Of Financial Statement" (2012, October 26) Retrieved April 19, 2024, from
https://www.paperdue.com/essay/apple-and-google-interpretation-of-financial-82725

"Apple And Google Interpretation Of Financial Statement" 26 October 2012. Web.19 April. 2024. <
https://www.paperdue.com/essay/apple-and-google-interpretation-of-financial-82725>

"Apple And Google Interpretation Of Financial Statement", 26 October 2012, Accessed.19 April. 2024,
https://www.paperdue.com/essay/apple-and-google-interpretation-of-financial-82725

Related Documents

risk that Apple Inc. faces with respect to its international economic exposure. Apple designs its products in the United States, manufactures them in China and then sells them all over the world. In order to analyze this exposure, a number of steps will be undertaken. The first step will be to provide an overview of the business, what its foreign exchange exposure is, and how the company manages that

One wrong decision can destroy years of hard work and requires years to recover. Failures to innovate come in two forms: failures of imagination and failures to execute (Govindarajan and Trimble 2010). With certainty, investors want growth, growth, and more growth. To achieve this, Apple strives to infuse creative thinking in its innovations, and it must deliver products and services fast enough or risk losing market share. Infrastructure Steve Jobs made

……South African Municipalities Municipal Revenue Loss Reduction through Improved Municipal Valuation Methodologies:Balance Sheet Enhancement of South African Municipalities to Improve Rates and Taxes Revenue GenerationAbstractThis study examines the property valuation process of Municipalities in South Africa and develops a strategy for strengthening that process in order to more efficiently value properties and ultimately to enhance municipal balance sheets and increase revenue streams. This study proposes an innovative valuation method based

This could bring a flood of new competitors to the market. Verizon is working with other wireless providers to gain preferential access to new wavelengths. Previous auctions, including the 2007 auction of the 700 MHz spectrum that Verizon won, came with open-access rules. Verizon is battling the FCC with regards to the regulator's desire for openness rules on all bandwidth, something Verizon considers a threat to be actively combated

The analytics that each of the league's teams marketing departments use also pinpoint the most and least interesting aspects or content (both digitally written and video-based) delivered across the website and microsites. The league marketing teams have also experimented with more interactive experiences with passive spectators, focused experiencers and absorbed identifiers through the use of social media. This also validates the findings of Napoli with regard to the egalitarianism of

This level of the maturity model is a transitory one and is focused more on either small, incremental gains from the first level, which is Reacting. In the Reacting layer of this proposed Branding Maturity Model, the majority of brand departments have a decidedly "every department for itself" approach to process maturity and have information flow that is purely dependent on personal productivity applications only. That is to say