Discussion Prompt Question
|Question # 46732||Accounting||1 year ago|
Apple, Inc. is a company that has disrupted the personal computing space over the current generation; however, it also is currently a company in financial transition in terms of financial performance.
Go to Yahoo! Finance and use the stock symbol for Apple, Inc. to look up its stock price and chart of performance (AAPL). What is the current stock price and how does it compare to the 52 weeks high and low?
In the “Income Statement” link under financials, evaluate the income statement for Apple and discuss whether the company has been profitable in terms of net income, over the past three years. How would you explain Apple’s profitability versus the performance of it’s the stock price? Would you recommend Buy or Sell stock in Apple?