ACCT 556 Discussion 1

Based on your analysis of Apple’s most recent financial statements, predict whether Apple’s financial health will likely improve or deteriorate over the next five (5) years. Provide a rationale for your response.

I believe that in the next five years, Apple’s financial growth will continue to prosper because Apple offer a variety of technology gadgets and information. At first, Apple started with just phones; they have grown from phones, computers, now to a smart watch and health application.“Apple revolutionized personal technology.Apple’s four software platforms — iOS, macOS, watchOS and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it(Apple,2017).”

Examine Apple’s statement of cash flows. Recommend at least two (2) actions that Apple could take in order to maximize the use of its cash flows. Provide a rationale for your response.

Two actions Apple can take in order to maximize their cash flow is launch a health device, to give consumers advice about their health and what steps to take in order to maintain good health. Also I believe apple should create eyewear or a Bluetooth device to go into cars. Any ideas that Apple has will flourish because they make things that all generations can enjoy.