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Running Head: ANALYSIS OF APPLE INC. FINANCIAL STATEMENTS
Analysis of Apple Inc. Financial Statements
ANALYSIS OF APPLE INC. FINANCIAL STATEMENTS
Analysis of Apple Inc. Financial Statements as at 24th September 2016
Financial statement of an organization is important to both internal and external users. Both
parties use the statement to make an important decision concerning the company. The external
user includes the investors, labor unions and creditors whereas the internal user is mainly managers
of the organization. This paper summarizes the financial statement analysis for Apple Inc. and the
relevance of this information to both internal and external users.
The first component commonly used by investors is the net income. The net income for
Apple Inc. for the fiscal year is $ 45,687 compared to the previous year net income of $53,394.
This shows a decrease in net income by $7,707 (Apple Inc., 2016 pp. 40). A decrease in net income
impacts the current investors negatively by reducing the return on investment.
Another common component of the financial used by the external users is ...