Essay on Potential Apple Investors

Submitted By shrek369
Words: 1559
Pages: 7

December 1, 2012

My invertors
Investing corp.
3074 Chesterton Drive 43621
Illinois, Chicago

Hello investors

We all know why we are here: we love money. Now, you are here to potentially invest six hundred thousand dollars with me. I have been looking at two franchises to invest money in. I was looking at technology franchises because there's such a desire for electronic devices in today’s culture. My choices for looking at were between Apple and Best Buy. While Apple has been a growing market, Best Buy does have a variety of high quality products because they carry every line of gadgets. Unlike Best Buy, Apple is a market that focuses primarily on it’s own products. By doing this it actually has shown to be an advantage due to the fact that Apple primarily devoted to selling their product line. Though most BestBuy’s carry Apple products, Best Buy is merely a retailer for other companies. From looking at this I’ve determined that with your money invested with me, I will put it towards Apple. They have always been a successful and profitable corporation, and the technological advances since Apple’s release the original iPod has been remarkable. To reinforce my argument, I will also show you the comparisons between the Apple and Best Buy. Background/History

Before I discuss my plans, I would like to inform you a brief history of these companies. Apple Inc. is an American corporation that designs and manufactures computer hardware, software and other consumer electronics. Apple was established on April 1st, 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne to sell the Apple I personal computer kit. Which at the time could not do what some calculators could do today. Company headquarters is in Cupertino, California, and CEO and co-founder was the late Steve Jobs. The company is best known for their Macintosh computer line, iPhone, iPad, iTunes, and the iPod. The company now boasts 321 retail locations that span fourteen different countries. Steve Jobs was said to own 45% of the company, Steve Wozniak with 45% and Wayne with the remaining 10%. While Jobs and Wozniak were young with little to no assets, Ronald Wayne was older with personal assets and was scared to put these at risk. This resulted in Wayne selling his share of the company back to Jobs and Wozniak for a reported $800. This is important to know because it shows what kind of a company it is, and how quickly it has turned around and grown exponentially. Today Wayne’s share of the company would be worth over $3 billion dollars. It is apparent the money that can be gained by investing with Apple Inc. Now onto Best Buy’s History. Richard Schulze, who specialized in electronics, founded the company. In 1966 he opened an audio specialty store called Sound of Music. Best Buy’s equipment was originally targeted toward college students who desired higher end electronics. However, due to increasing competition in the consumer electronics industry during the 1970s, Schulze realized his stores would have to adapt more to compete with his competitors. Over the forty years in business, Best Buy has grown to becoming one of the leading electronic stores. In 2009, Best Buy had revenues of more than $45 billion, and currently employs about 155,000 people.
Plan
Now here is what do I plan to do with your investment. Apple is the most successful company in the world who was led by a man who had one goal: Create a technology unlike anything that has ever been done. Steven Jobs’ first product was a simple processor for a computer, and before he died he brought his company from bankruptcy to the most successful company in the world. As my potential investors, I want to share the possibilities that Apple offers. My plans are to take your investment and discuss with Apple about a partnership and opening an Apple store. It would be a shared ownership. Number process for this is very simple. To break down further my presentation, first we have to buy the land with…