Finance
Finance
Apple Stock ticker symbol and prices:
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Over the last month it
started at 172.77 USD and closed at 165.24 USD
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Over the last year it
started at 144.53 USD and closed at 174.,73 USD
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Over the last 5 years it
started at 59.60 USD in 2013 and closed at 165.72 USD in 2018
On November 2, 2017, Apple announced financial results for
its fiscal 2017 fourth quarter ended September 30, 2017. There was an increase
by 12% from the year-ago quarter with revenue of $52.6 billion. Tim Cook,
Apple’s CEO said: “We’re happy to report a very strong finish to a great fiscal
2017, with record fourth quarter revenue, year-over-year growth for all our
product categories, and our best quarter ever for Services.” Here is a
following guidance for Apple’s fiscal 2018 first quarter:
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Revenue between $84 billion
and $87 billion
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Gross margin between 38%
and 38.5%
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Operating expenses between
%7.65 billion and 7.75 billion
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Other income-expense of
$600 million
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Tax rate of 25.5%
The Senior Vice President and Chief Financial Officer (CFO)
of Apple is Luca Maestri. He is from Italy and he joined Apple in 2013. He has
a 25 years of experience building and leading finance team in the global
companies. Before he joined Apple, Luca was CFO at Xerox and previously at
Nokia Siemens Network. He has a bachelor degree in Economics and a master
degree in Science of management. His work include overseeing the accounting,
financial planning and analysis, business support, treasury, investor
relations, internal audit and tax functions at Apple.
There many industry trends that might affect Apple stock
prices. For example, a new kind of an IPhone! As it is known, IPhones are the
biggest sales of the company, so when Apple launches a new brand it is more
likely this will affects the company stock prices. Another potential effect is
if tax reform will actually be promoted by President Donald Trump. The proposal
will lower the tax to 15% from 35%, and that’s would add 6% to Apple’s earnings
share. Moreover, if Apple continued to
grow installed base like the services business Apple offers to its
customers such as, ICloud and Apple
Music, then it is more likely we will see constant growth in the company.
Here is a schedule of the company financial
statement:
And here is the link of the full financial statement:
Also here is the schedule of the data summary of the
company, which shows the operating segments and the products summary sales:
And here is the link of the full data summary:
Sources:
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