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June Davis-Phillips Financial Management 9015 APPLE INC.

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Final presentation for 9015-Financial Management

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  • 1.June Davis-Phillips Financial Management 9015

2. Apple 1 was the first personal computer that was financed by Steve who sold his VW Microbus and John sold his HP -65 calculator to built which turned out to be a complete failure. 3. By 1980, Apple Computers went on to become the fastest growing company in US business history. 4. Later that month John was in an accident and decided to take an extended leave of absence leaving Steven to be the chairman of Apple. 5. John had great business skills but lacked computer history and knowledge which was a source of tension between Steven and John. Steven tried to get John fired by the BOD, but that back fired and Steven resigned from Apple. 6. With sales declining Apple decided to listen to their consumers wants and needs so they updated their line of Macs by adding CD -RW drives or a SuperDrive, which could read and write both CDs and DVDs. Apple also added the iDVD, and iTunes. 7. Today Apples CEO is Tim Cook and Cook has promised that Apple has surprises in the works, with new products set to launch throughout 2014. 8. To fulfill this strategy, we predict that Apple will launch new products, re-engineer the Apple Store, and expand into inhome installation services. 9. As long as Apple stays ahead of the competition by remaining innovative and continue to offer what consumers want, they will continue to be number one and who knows maybe by year end 2014 they will be streaming movies to my TV just as Netf lix and Redbox.