VIEWS: 7 PAGES: 23 POSTED ON: 2/14/2012
Apple Inc. By: Joy Mayfield •Apple Inc. is a multinational corporation that designs and creates their own computer software, electronics, and personal computers. •located in Cupertino, California •It is not a single owned corporation, it is owned by shareholders. Co-Founders Of Apple •Steve Jobs •Steve Wozniak •Ronald Wayne Steven Paul Jobs • 21 years old- 55 today. • He went to Reed College In Portland and then dropped out. • Job was to design video games. • Today he is CEO of Apple. • Tim Cook is currently COO to step in for Jobs until June. Stephen Gary Wozniak • 17 year old- 51 today • He went to University of California in Berkeley, then he dropped out as well. • He worked for Hewlett Packard. • Today he is still a co-founder of Apple, working on security and employee termination. Ronald Wayne • He was 41 years old working as • a draftsman in Atari • The became a co-founder of Apple designing its first logo. • Within 11 days of the job Wayne resigns from Apple. He sales his 10% share for $800. • That share today would be worth up to $13.6 billion dollars. Apple Goes PUBLIC •Underwriters Morgan Stanley and Hambrecht & Quist take Apple public in December 1980. •Apple opened at $22 per share and closed at $29 per share. •Apples was given a market survey of $1.7 billion just after 24 hours of running on the stock. •40 of Apples employees who held thousands of stock options became instant millionaires. PRODUCTS OLD AND NEW Old to New School Computers iPods iPhone NEW: IPAD (April.3,2010) Apple Services • MobileMe: This service gives you the opportunity to discuss MobileMe with others. • You can watch tutorial videos about it’s features and how to use them set them up. • Also, you can also chat live with a MoblieMe Advisor • Or use category of questions on Apple’s website to find your answer. iTunes Store • This service you call, text, chat, or email customer service on any issues or questions that you have. Apple Store • This service helps you with order status or view information on delivery times. • It also gives and helps you obtain information for how you can cancel, change, or even return your oder. Repair Status • Here you can check your electronic devises repair status online by typing in its serial number and Repair ID to check for any serious problems. Top 3 COMPETITORS •Dell Inc. •Hewlett Packard Company •Microsoft Corporation Stock • Apple is a Preferred Stock. • Highest/Lowest price per share during past 52 wks is $245.81/$115.76 • The current price per share $8.17 • The price-earnings (PE) ratio is 30.28 • Earnings per share for the last 3 yrs. Is $1.78 and is 23xs greater. Stock continuing • There are no dividends currently being paid. • Over the last 7yrs. profits most definitely increased. • Some additional information is that Apple’s shares have risen 21% over the past 6 months. • Apple exceeds the 14% gain for shares of Hewlett-Packard and the 16% gain for Macintosh. WOULD I INVEST???
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