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Apple Financial Essay

286 Words2 Pages
The company I choose to look at financially was Apple. The company that has never had a bad year financially made 233,715,000,000 their last fiscal year (2015). Apple is one of the most successful companies for many reasons. As determined by the stock market, their value is nearly twice the amount as Exxon-Mobil. They also make more money than any company ever, with a mind-blowing $18 billion made in a single quarter. One problem they do have is that they’re not spending enough; this is being said because Apple has a cash hoard of $178 billion. For the last three fiscal years apple has made: 231.28 billion in 2015, 183.24 Billion in 2014, and 178.87 Billion in 2013. For one company, that is a whole lot of money to be making just off of electronics.
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