Analysis of Apple’s Financial Statements

Kong Chen

doi:10.54254/2754-1169/43/20232168

Research Article

Open access

Published on 10 November 2023

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Chen,K. (2023). Analysis of Apple’s Financial Statements. Advances in Economics, Management and Political Sciences,43,225-231.

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Analysis of Apple’s Financial Statements

Kong Chen *^,1,

¹ Bishop Fenwick High school

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/43/20232168

Abstract

Because of the Covid-19 pandemic, the global economy has been greatly affected, but Apple's revenue has not fallen during this period and has risen. Thus, this report utilizes the cash flow statement, balance sheet, and income statement to analyze Apple Inc. with the aim of explaining Apple Inc.'s financial position and performance and analyzing the reasons for its positive revenue growth through these three important financial documents. The analysis reveals that Apple Inc., a global technology industry operator, has experienced significant growth and innovation in recent years. Not only has its stake in UTER, tablets, and other electronic devices increased, but Apple has also increased its revenue streams by expanding its service offerings, including Apple Music, Apple Arcade, and Apple Pay. The continuous research and development of Apple mobile phones has also further increased Apple's revenue.

Keywords

financial statement, Apple Inc., corporate finance, cash flow, Covid-19 pandemic

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Cite this article

Chen,K. (2023). Analysis of Apple’s Financial Statements. Advances in Economics, Management and Political Sciences,43,225-231.

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About volume

Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development

Conference website: https://www.icemgd.org/

ISBN：978-1-83558-107-0(Print) / 978-1-83558-108-7(Online)

Conference date: 6 August 2023

Editor：Canh Thien Dang

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.43

ISSN：2754-1169(Print) / 2754-1177(Online)

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