Erin Roberts
Period 2
Investment research report
Apple Inc.
AAPL
Price: 263.70
52 week high: 279.01
52 week low: 170.25
EPS: 15.12
Price earning ratio: 17.40
Volume: 13.85 m
Trends: Going Up
Overview: Apple is a company that sells electronics. They sell iphones, ipods,
macintosh computers and ipads. Apple was founded April 1st, 1976 by Steve
Jobs, Ronald Wayne and Steve Wozniak. Their main competitor is Microsoft.
Apple 1 was Apple's first product, which went on sale July 1976. January 3,
1977 was when one of the founders, Ronald Wayne, sold his part of the
company to the other guys for 800 dollars. The first Macintosh was in 1984. The
macintosh sold well at the beginning but the strong sales didn't last. In 1989 the
first portable Macintosh was created. In 1997 CEO Steve Jobs alined with
Microsoft to develop newer versions of Microsoft office products. The first Apple
store was opened November 10th 1997. Apple then started to develop new IMac
computers, Portable music players (ipods) and i phone. These new product
caused a large amount of revenue.
Sale for 3 years- 2009: 8.16 billion
2008: 7.9 billion
2007: 7.1 billion
303 stores worldwide
16 in the past 3 years
Expenses in
2009: 3376 million
2008: 3719 million
2007: 4329 million
Net Income 3 years- 2009: 8,235,000
2008: 6,119,000
2007: 3,495,000
The stock market went into a recession in the past years but now is slowly
recovering. The market affects the prices of stock because if the markets bad
then the prices will go down because no one will want to invest in a stock that is
declining.
The economy is also in a recession and in the process of rebuilding. The
unemployment rate is 9.60 % in the United States and the inflation rate in 1.20%.
The economy affects the price of stock because when the economy is bad no
one wants to put money into the stocks because they wont make profit like they
would if the economy was doing well. There isnt as much money in the stock
market when the economy isnt good. Therefore, the price of stock decline.
I read an article by Nick Clark on Apple's Ipads and they are expected to sell 28
million in 2011. That will help the price of stock because the company will make
very good revenue so people will want to invest in Apple Inc stocks. He says,"
Despite tough economic conditions, consumers remain willing to pay for
innovation."
The Wall Street Journal says that Apple is going to end their free i phone 4 case
offer. CEO Steve Jobs said " Apple would revisit the cutoff date after it had a
chance to investigate further." The problem is thought not to be as serious as
they initially thought.
The Daily Hot News says that the Iphone and I pad are only going to be more
successful as 2011 approaches. " Apple iphone 4 and Ipad could have even
bigger success. This would make apples stock raise because they will be making
even more money.
Apple's main market is electronics. They have many successful products like the
I phone 3 3GS and 4, I pads, I pods, and Mac books. The main competitors are
IBM and Microsoft. They sell competing electronics such as computers and
interactive devices. The main customer is everyone, they can sell to anyone.
Children love playing on the i pads/touches, Teens love the iphone and need a
macbook when they go into college. Adults use the computer, phones and ipods.
Since Apples technology is so advanced they rank very high against competition.
Daily finance said that it would benefit investing in the AAPL stock right now.
September 10th 2010.
Zacks investment research also said that the AAPL stock would be a good
investment.
The Motley fool also said the AAPL stock is going up and investing would be a
good move.
The Apple Inc. company is becoming more successful and they are having alot of
revenue right now. Someone should purchase AAPL stocks because they are
doing really well in the market right now. The stock went up 13% during the last
trade. The 52 week range in 170.25- 279.01. Apples products are so innovative
and advanced i think that people will only continue to buy more and more
producing lots of profit for Apple. They will keep on making more products which
will only help the Apple company. The stock is going to go up because all of the
success. Invest now until the price raises even higher.
SOURCES:
http://www.zacks.com/research/report.php?type=brec&t=AAPL
http://www.dailyfinance.com/earnings/apple-inc/aapl/nas/analystrecommendations
http://en.wikipedia.org/wiki/Apple_Inc.#History
http://www.bestgrowthstock.com/
http://caps.fool.com/Ticker/AAPL.aspxhttp://www.tradingeconomics.com/Econom
ics/Unemployment-Rate.aspx?Symbol=USD
http://www.dailyhotnews.org/1918/apple-iphone-4-and-ipad-big-succes-until2011/
http://online.wsj.com/article/SB1000142405274870450580457548419043261534
2.html?mod=googlenews_wsj
http://www.independent.co.uk/news/business/news/apple-is-expected-to-sell--28million-ipads-in-2011-2077713.html