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Apple - Financial Analysis

BRIEF GLANCE AT THE FY2005 RESULTS

In the fiscal year that ended September 2005, Apple reported revenues of US$13,931M, an increase of 68.3% over the preceding year. The Operating Income in FY2005 was US$1650M, an increase of 406.1% over the 2004 figure. Net Income also similarly increased by 383.7% in FY2005 to US$1335M.

Additionally, Total Assets increased by 43.49% to US$11,551M. Total Liabilities increased by 37.36% to US$4,085M, but Total Debt remained at US$0. Shareholders benefited in FY2005, as Shareholder's Equity increased by 47.08% to US$7,466M.

Several factors to explain the upward financial trend were the increase in net sales of iPods by US$3.2B, which was a 248% increase. Other music related products and services also had an increase in net sales of 223%. The company also experienced smaller increases in the net sales n retail, peripherals and other hardware, Macintosh computers, and software, services and other sales. There were no decreases in the net sales......


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Approximate Word Count: 3755
Approximate Pages: 16 (250 words per double-spaced page)

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