Financial Performance of Apple Inc from 2002 to 2011 Research Paper

Financial Performance of Apple Inc from 2002 to 2011 - Research Paper ExampleThe current balance position of the company, which is greater than 1, offers a high leeway of fluidness (Kennon p 1). The Quick Ratio of Apple, which is 1.35, indicates their liquidity in terms of readily available finance. Similarly, the leverage ratio is 1.52 which indicates a sound debt and equity position, where investors stop expect high returns. Moreover, a proportionate increase occurred in the Earning Per Share. The EPS has risen from 0.09 $ to 27.68 $ during the period between 2002 and 2011. This accounts for an handle of over three thousand times in ten years or an average exploitation of 300 times a year. Thus, the company stands to attract a lot of investors, which, in turn, will advertize escalate the rate of their share and add further value to the company. The price/sales ratio was 4.23%, compared to companies such(prenominal) as HP, Google, and Samsung.Apple, a leading manufacturer of c omputer hardware and software, iPods, mobile phones and other gadgets, was founded by Steve Jobs and Steve Wozniak, with the designer as the CEO. Tim Cook was appointed for new CEO. From 2011, Dr. Arthur D Levinson was the director of Apple. The SVP heads are Mr. Jeffery E Williams (SVP Operation), Mr. Peter Oppenheimer (SVP and CFO), Mr. goof Tribble (VP Software Technology), Mr. John Browett (SVP Retail), Mr. Eduardo H. Cue (SVP Internet Software and Services), Mr. Craig Federighi (SVP Software Engineering), Mr. Scott Forstall (SVP iOS Software) and Mr. Jonathan Ive SVP Industrial Design.