Having listened to an earnings call of my organization, apple Inc.thatwas held on January 29, 2019, the issues involved were the financial reports of the company for the period ended December 31, 2018, the risks involved in the company’s performance including competitors among other issues. In the financial performance were mainly on revenues, taxes, operatingexpenses, income, and gross margin. The most helpful information of the earnings call was the performance of the company in the year ended December 31, 2018 and competition in the industry. It would have been significant to the team if there were more clarification on the specific performance of major competitors and strategies of gaining competitive advantage in the industry (Apple Financial Results Conference Call - Q1 2019, 2019). This implies that the company performance if affected by competitor activities. There was a discussion on profit margins and it shows a decrease from the previous year of 42 basis points. Decrease in profit margin implies that the company’s general performance is not so positive and this was because of the risks involved as well as the high competition in the industry.
Recommendation for the company is to find ways of dealing with its competitors for they are the main threat to the performance of the business. The questions of the analysts were challenging, however, the support managed to respond to the questions with integrity and in an intellectual manner. The financial health of the company is commendable and the outlook of the company is positive. The company shared that could benefit its competitors especially concerning risks and strategies. Having this knowledge concerning the company will help me understand where i need to improve in performance.
Delegate your assignment to our experts and they will do the rest.
References
Apple Financial Results Conference Call - Q1 2019. (2019). retrieved on February 3,2019, from https://www.apple.com/investor/earnings-call/
