Apple Company Overview

Apple Timeline Apple is incorporated Apple goes public IBM and Apple make an alliance The Apple Store opens! iTunes is introduces iPods hit the shelves Apple goes wireless with the iPhone iPad is released Information courtesy of the following websites:

Apple’s Mission Statement Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork, and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced its magical iPad which is defining the future of mobile media and computing devices.

Apple is committed to fulfilling unmet needs through numerous outlets: – Designs software and hardware for schools – Introduces products that are truly unique to the technological community, like the iPod and iPad – Stands behind their products through services such as AppleCare, Apple Forums and others

Apple’s Alliances In 1979 Xerox invested $1 Million in Apple In 1991 Apple made an alliance with IBM and developed the Power-PC and two businesses ( In 2007 Apple and AT&T introduce the iPhone Today, Apple products are sold in stores such as Best Buy, Target, Wal-mart, Radio Shack, etc. all over the country

Financials Net sales in 2010 was $65225, up $27,734 from 2008 Net income in 2010 was $14,013, up $7894 from their 2008 net income of 6119 There are currently 924,712 shares outstanding 2010 current ratio: 75183/20772= quick ratio: 56521/20772= debt to capital ratio: 27392/ =.364 Numbers courtesy of Apple: