Decoding_Apple's_Spread_Sheet

BA 101 Decoding Apple’s Balance Sheets By Apple is the largest technology firm in the world, with annual revenue of over 60 million. Apple currently is the world’s second largest company behind Exxon Mobil. International sales accounted for 46 percent of the quarter’s revenue. There is a lot of information available to investors who are interested in investing in a company. By looking specifically at the balance sheet of Apple to determine if investing in Apple is a good or bad idea. Things to consider are Apple’s assets, liabilities and shareholder’s equity. Savor the moment, but don’t get complacent. Apple shareholders have 7 reasons to be concerned and one thing to get you out: * Apple’s good-but not that good * Apple fatigue * The share price * Steve Job’s ego * The cellular networks * Apple backlash * Steve Job’s health Some of these are issues that could erupt into problems quickly. Others, if they do emerge would take more time. But if you’re a nervous Apple investor, what are your alternatives' You could sell and gain some profits. But if you don’t want to get off this money train just quite yet, here’s another option: you could buy insurance using “put” option. These pay out if the stock falls, and it will fall. So for $19 you can buy $200 puts, good until January 2012. These will limit you downside on the stock to $200. But if Apple keeps booming upwards, all you can lose is the $19. Management believes investors will benefit from greater transparency in referring to these non-GAAP financial measures when assessing the Company’s operating results, as well as when forecasting and analyzing future periods. Apple does not offer a direct purchase program for it’s shareholders. Apple does not have a Dividend Reinvestment Program (DRIP). Apple does not currently pay dividends on its common stock. Apple paid dividends from June 15, 1985 to December 15, 1995. Apple common shares are traded on The NASDAQ Global Select Market under the ticker symbol AAPL. Apple initial public offering was on December 12, 1980. Apple went public on December 12, 1980 at $22.00 per share. The stock has split three times since the IPO so on a split-adjusted basis the IPO share price was $2.75. There have been three 2-for-1 stock splits. The payable dates were; June 15, 1987; June 21, 2000 and February 28, 2005. When stock splits on a 2-for-1 basis, the number of shares outstanding doubles. Earnings per share are half what they otherwise would have been as the net earnings are divided into twice as many shares. There are no tax consequences to U.S. Residents as a result of Apple’s stock splits. The tax basis of each share owned after the stock splits is half of what it was before the splits. The last annual stockholders’ meeting was February 23, 2011. I personally enjoy a few of Apples products, but I’m never trustworthy of large companies. There always has to be an escape goat and 9 times out of 10 times it is the little man, being the stockholder. Apple like any other “Big Brother Company” has made its money off the back of little people and little business that could not keep up. So other than the obvious reason I have spoken of in my article, these are my reason Why Not for investing in Apple.