Fin 571 wk 6 Financial Plan by.docx FIN/571 Apply: Signature Assignment: Financial Plan

Fin 571 wk 6 Financial Plan by.docx  FIN/571  Apply: Signature Assignment: Financial Plan  FIN/571  University of Phoenix  Apply: Signature Assignment: Financial Plan  The company that I chose is œApple Inc., formerly Apple Computer, Inc., is a multinational corporation that creates consumer electronics, computer software, and commercial servers. Of course, Apples core product lines are the iPad, iPhone, iPod music player, and Macintosh computer line-up (History of Apple Inc, 2012). When Apple was created on April 1,  1976.  œFor more than two decades, Apple Computer was predominantly a manufacturer of personal computers, including the Apple II, Macintosh, and Power Mac lines, but it faced uncertain sales and low market share during the 1990s (History of Apple Inc, 2012).  In the year of 2011 œAs of 2011, Apple is currently the largest technology firm in the world with its stock market value reaching $500 billion in March 2012. Their revenue for the year 2011 was $127.8 billion in sales (History of Apple Inc, 2012).  Why Funding is Needed  œIn 2018, the new US tax law allowed Apple to repatriate hundreds of billions of dollars that were overseas at a lower tax rate. However, the difference funded Apple's $175 billion shareholder repurchase program (Reinicke, 2019).  Nevertheless, œApple plans to use the money from its latest bond issuance for general corporate purposes, such as share buybacks,  dividend payments, funding, and acquisitions (Reinicke, 2019).  Of course, "The primary reason for more issuance o