Financial Policy at Apple 2013 A Mihir A Desai Elizabeth A Meyer 2014
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I was invited by the CEO Tim Cook to a special event of 14 November 2013 at Apple Campus 2, Cupertino, USA. It was for launch of iOS 7, the mobile operating system, along with the new Apple Watch and new Mac line. We were presented with various products, but one major product was iPhone 6, with its huge and iconic “Retina HD” display. This Site Apple’s flagship product is a device that was designed and developed in the heart of Silicon Valley, California. Apple is one of the
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I was invited by the Department of Marketing, IIT Kharagpur to visit Apple Campus to attend the Inaugural Lecture of the 4th Year B. Tech. Programme by Professor Dr. Ananya Ghosh, Senior Fellow at the Centre for Information Technology, Indian Institute of Technology (Indian Institute of Technology, Kharagpur). I went with two classmates from IIT Roorkee, Ankita Sarkar (M Tech, MSM, MBA) and Ravi Thampi (MSM) from K
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In the 2012–2013 fiscal year, Apple Inc. Revealed a significant change in Financial Policy: “Above all, we are committed to executing the company’s Financial Policy with purpose and discipline. We will always invest responsibly and smartly to build a sustainable future. Investments will always remain consistent with Apple’s long-term success while also delivering shareholder value. “Above all, we are committed to executing the company’s Financial Policy with purpose and discipline. For
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Financial Policy at Apple 2013 A Mihir A Desai Elizabeth A Meyer 2014 In 2013, Apple had made a significant amount of financial gains. It achieved a record of $53 billion in revenue and a profit margin of 28 percent, as reported by Fortune. The financial success in 2013 enabled Apple to pay out $21 billion in dividends, more than the $15 billion it invested in research and development in 2012, according to
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In 2013, Apple introduced Financial Policy at its Mac World conference. We are looking at the Financial Policy of Apple. Apple, as a successful corporation with millions of users around the world, faces many challenges. In this case study, we will analyze Apple’s financial policy. Conclusion: Apple’s financial policy is successful in balancing short and long term goals, financial stability and profit maximization. This is a unique combination in the market today. Apple’s financial policy is a combination of