Economic analysis of Apple Inc.

Lubor Blažek

Bakalářská práce

Abstract:

This bachelor thesis deals with economic analysis of Apple Inc. Theoretical part provides an overview of financial analysis, supply, demand and market equilibrium. The financial analysis is described from three different points of view. First part is dedicated to financial statements and their components. Second part explains the differences between internal and external analysis with the emphasis on horizontal and vertical method. Last section distinguishes users of financial analysis. Practical part is focused on financial analysis of Apple Inc. Analysis is done externally from financial statements such as Balance Sheet and Income Statement and is conducted both horizontally and vertically. Main part of analysis is dedicated to stock evaluation and uses models such as Free Cash Flow for Firm, Weighted Average Cost of Capital and Price per Share. Following part is dedicated to qualification of risks connected with the investment to Apple Inc. shares. Risks are distributed into groups of operational and investment risks. Last section shows the most probable reasons of changes in prices of Apple products.

Keywords

Financial analysis, Company, Ratio

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 9. 3. 2017

Obhajoba závěrečné práce

• Vedoucí: Ing. Petr Procházka, MSc Ph.D.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Bakalářský studijní program / obor:
Economics Policy and Administration / Business Administration