apple equity, debt and subsidiaries

Accuracy score :
97%

Apple Inc  AAPL

Summary (from latest annual report – 2015)

  • Total equity  : 119.35 billion USD
  • Market Cap is 532.5 billion USD ( last price of the stock is 96.04 USD)
  • Apple Inc designs, manufactures, & markets mobile communication & media devices, personal computers, & portable digital music players, & sells a variety of related software, services, accessories, networking solutions, & third-party digital content.
  • Equity of total company increased from 111.54 billion USD in 2014 to 119.35 billion in 2015
  • Company has 21.12 billion USD in cash on account (from latest annual report  2015 year)
  • Total equity – cash on account = 119.35 billion usd – 21.12 billion usd = 98.23 billion usd
  • In 2015 company has 53.46 billion usd long-term debt, short – term debt was 10.99 billion usd (In 2014 company had 28.98 billion usd long-term debt , short-term debt was 6.3 billion usd)
  • Apple Inc balance sheet has become stronger  in 2015 (In latest annual report - total equity increased to 119.35 billion  USD from 111.54 in 2014, total debt was 64.45 billion usd in 2015)
  • Company's revenue increased in 2015 to 233.71 billion usd from 182.79 billion in 2014
  • Net income increased in 2015 to 53 billion USD from 39 billion usd in 2014
  • In 2015 company paid 11.56 billion usd dividend to its shareholders

Apple Inc subsidiaries and acquisitions

Apple Inc designs, manufactures, & markets mobile communication & media devices, personal computers, & portable digital music players, & sells a variety of related software, services, accessories, networking solutions, & third-party digital content. The company's hardware products include the Macintosh line of personal computers, the iPod line of portable media players, the iPad line of tablets, and the iPhone line of mobile phones. Apple's software products include the OS X operating system, the iTunes media browser, and the iLife suite of multimedia and creativity software. Apple's business philosophy is to acquire small companies that can be easily integrated into existing company projects.

  • In 1997 Apple completed the acquisition of Next (Computer programming services) for 404 million usd
  • In 2001 Apple completed the acquisition of PowerSchool (Online info systems services) for 66 million usd
  • In 2002 Apple completed the acquisition of Nothing Real, Zayante, Silicon Grail Corp-Chalice, Propel Software, Prismo Graphics and Emagic for 150 million usd
  • In 2008 Apple completed the acquisition of P.A. Semi (Semiconductors) for 278 million usd
  • In 2010 Apple completed the acquisition of Quattro Wireless (Mobile advertising) for 275 million usd
  • In 2010 Apple completed the acquisition of Siri for 200 million usd
  • In 2010 Apple completed the acquisition of  Intrinsity (Semiconductors) for 121 million usd
  • In 2010 Apple completed the acquisition of  Polar Rose (Facial recognition) for 29 million usd
  • In 2011 Apple completed the acquisition of C3 Technologies (3D mapping) for 267 million usd
  • In 2011 Apple completed the acquisition of Anobit (flash memory)  for 390 million usd
  • In 2012 Apple completed the acquisition of Chomp (App search engine) for 50 million usd
  • In 2012 Apple completed the acquisition of AuthenTec (PC and mobile security products) for 356 million usd
  • In 2013 Apple completed the acquisition of Cue (Personal assistant)  for 50 million usd
  • In 2013 Apple completed the acquisition of PrimeSense (Semiconductors) for 345 million usd
  • In 2013 Apple completed the acquisition of Topsy for 200 million usd
  • In 2013 Apple completed the acquisition of Novauris (amount was not disclosed)
  • In 2014 Apple completed the acquisition of Beats Electronics (Headphones, music streaming - Apple biggest acquisition) for 3 billion usd
  • In 2014 Apple completed the acquisition of Swell (music streaming) for 30 million usd
  • In 2015 Apple completed the acquisition of Semetric and Linx (Audio and camera) for 70 million usd




 

Total = 6.28 billion usd

 

Opinion about the company

Fundamentally it is a good company and in the future we can expect its growth (Total debt is very large (64.45 billion usd), large amount of cash on company's account, ROE is around 40 %).