Apple Company is one of the world’s largest companies. Apple has several outstanding stocks. For instance, Apple has the iMac which is a type of computer which kick-started the Apple’s prosperity and as well propelled the company to where it is to-date. The next outstanding stock in Apple Company is the iTunes which is a program of digital music which is all-in-one, and it brings together MP3 playback, Compact Disk(CD) writing and internet radio. However, iTunes was bet by the new Macintosh, which is still manufactured by the Apple. Nowadays, Apple has enabled the people to access their digital music wirelessly, across any of their devices. The next stock is the IOS App store of which the Apple company has expanded to the OS X computers, which is actually welcoming new age of software development. The iPhone is another stock which is the Apple’s killer product. The other stocks in Apple include the iPod Nano, as well as the iPod.
Apple also operates with preferred stock. Apple defines preferred stock as the security of special equity that contains properties which are of debt and equity as well. The preferred stock’s market value requires to be included in the market value of the common stocks which is helpful when it comes to calculation of Enterprise value. The enterprise of Apple for the quarter which ended March 2018 is $863,284 Mil. Book Value per share of Apple for the quarter that ended on March 2018 was $25.67. To calculate for the book value, the par value of preferred stock is subtracted from the equity. Earnings per share for the three months was $2.73, and this in March 2018.
Delegate your assignment to our experts and they will do the rest.
Apple has a lot of stock which is usually wanted by the people. For instance, the latest model of iPhone which is Apple iPad 9.7 made in the year 2018. The Apple iPhone 8 of internal memory of 256 GB which was being sold at $920 is now being sold at $900.Once Apple produces a new stock of a particular stock, for instance, iPhone, it reduces the cost for the older one to attract more customers who did not get a chance to purchase it at the high price. Also, Apple adds other features which are unique and excellent regarding functioning in the latest stock they produce and therefore they have to set the newest model with a higher cost. However, Apple Company should sell their products should sell their product in a bit lower prices to attract more customers since their products are known to be for a particular class of people, that is, the people with good money.
