Financial Statement Analysis Based on Harvard Analysis Framework Taking Apple lnc. as an Example

Abstract

In recent years, the high-technology products have become the most important tools which can make the daily life more convenient. With the developments of the current technology level, in the high-technology industry, there are more and more companies and the competition become more and more intensive. Therefore, for the companies, it is important to analyze companies financial statement through the essential data in the financial statements and the overall environment of the industries. The comprehensive financial statement analysis can help the companies to identify their competitive advantages and adopt the favorable strategies. By selecting Apple lnc. as the subject, this research, based on Harvard analysis framework, provides a comprehensive analysis of Apple's financial situation from strategic, accounting, financial and prospective these four dimensions. In the first part, the background and significance of this paper, and a review of the relevant literature are presented. And in the second part, this research focuses on the theoretical framework of the Harvard framework. The third part, the focus of this research, is about the financial statement analysis of Apple. The last part, is about the conclusion and shortcomings of this research. Through the analysis, this research can help to identify the financial and strategic situation of Apple.