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Harvard University Financial Performance and Accomplishment Discussion

Harvard University Financial Performance and Accomplishment Discussion

1 Table of Content Introduction ……………………………………………………………………………………… 2 Market Valuation /Stock Price Due to Covid 19 Pandemic ……………………………………… 2 Customer and Other Impacts …………………………………………………………………….3 Apple INC Reaction to The Current Pandemic and Their Statements Regarding This Subject….4 Communication with The Customers During the Pandemic ……………………………………..5 Wall Street/ Media Comments Regarding the Stock Changes of Apple Due to The Pandemic ….5 Long Term Impact/ Road to Recovery ……………………………………………………………6 Conclusion………………………………………………………………………………………..7 Reference ………………………………………………………………………………………..8 Appendix …………………………………………………………………………………………9 2 Covid-19 Impact On Apple Inc. Introduction Apple Inc. has significantly experienced impact on its device production and sales since the outbreak of covid-19 in January in China. The continued spread of the virus worldwide has affected Apple products’ production and supply in China, the United States, South Korea, and the world over. Stores have closed, and demand weakened, reducing the number of Apple products in the market. In the initial stages and up to October 2020, several stores were closed due to lockdowns resulting from the widespread of the virus. However, the company recorded significant Mac computers and iPhone sales due to stay-at-home recommendations. The Apple online platform is bridging the gap brought by closed retail stores. The company still manages to sell its products across the world (Fernandes, N. 2020). Apple Inc. innovates to make life better; kids must continue learning, and people must work whether remotely or going back to the offices. Market Valuation /Stock Price Due to Covid 19 Pandemic Several factories in china opened their doors, and Apple clients have continued buying iPhones and other devices online. Amid the gloom, the company has managed to shine thanks to its hugely loyal client base. The company is boasting a market value of $2 trillion and a stock value up 50% (Eric Rosenbaum, 2021). Apple is leading in the market cap, and the figure exceeds the GDP of most nations. The company’s stocks exceed most exchanges worldwide; it has broken the record to become the first company to hit $1 trillion and $2 trillion market cap as shown in chart 1. As of today, the Apple stock price stands at $133.60 as shown in Image 1. The 3 company shares are good on the log-term bet; it still has room to run. According to analysts, Apple stock will rise in the next 12 months to a high of $175.00. The company’s shares are trading at 5.4%, the best performance since last year October. It relied on its online platform to drive sales when most US citizens were at home, and several stores closed. From the numbers recorded, it is evident that in the face of the covid-19 pandemic, the company made huge sales. Wall Street analysts predict that Apple could reach a market capitalization of $3 trillion, citing the Apple Car’s development and the subsequent iPhones’ invention (Tim Higgins, 2020). Customer and Other Impacts Apple company will continue suffering due to covid-19 since a significant number of its clients are affected. Some of the people who had the ability to buys iPhones no longer afford them. Many people have lost their jobs while others have lost their lives or their loved ones. The pandemic has caused financial instability amongst Apple clients. The consumers are feeling less stable to purchase the expensive Apple device hence dwindling sales (Deb, P., Furceri, D., Ostry, J. D., & Tawk, N. 2020). However, the company is still recording high sales online, making it one of the best performing companies in the coronavirus pandemic era as shown in chart 2. Apple Inc.’s market targets are medium and high-income individuals or households. Studies show that a third of its users have an income of more than $100,000. The numbers indicate the clients’ ability to afford the devices when several people have limited resources. Covid-19 also had a severe hit on the supply chain; most Apple products had long shipping hours. The delayed device shipment meant that clients received their purchases later than expected. In both of Apple’s workplaces, new health checks and temperature tests are being implemented. Employees that need to take a break owing to COVID-19-related personal or family health conditions, such 4 as withdrawing from an infection, caring for a hospitalized loved one, involuntary quarantining, or childcare problems due to closing schools, would be accommodated. It is expected that this will keep safe not only their employees but also the potential customers who visit their stores. Apple INC Reaction to The Current Pandemic and Their Statements Regarding This Subject When it comes to the decisions they make, customers and owners are getting more ethical: they want honesty and social responsibility. In the midst of this increasing recognition, Apple’s value systems mentality resonates, and it’s expressed in the business’s own fundraiser and volunteer initiatives. Apple has contributed $15 million to the worldwide COVID-19 effort, both to help cure those who are infected and to help mitigate the pandemic’s overall social and economic effects. Apple Inc. has since responded to the pandemic in the best way it can. The company allowed their employees to work remotely; in addition, it guided interpersonal space for those on-site. The company encourages clients to use the online stores to purchase their desired Apple products. When covid-19 news began to spread last year January, Apple closed all its retail shops, contact centers, and corporate offices in China (Deb, P., Furceri, D., Ostry, J. D., & Tawk, N. 2020). The company did the same in other countries as the pandemic continued ravaging the world. In February 2021, Apple opened its stores in Greater China and other countries hence restoring the supply chain (Ivanov, D., & Das, A. 2020). The company plays a significant role in helping communities emerge stronger; it has made donations to the global covid-19 response to help treat the sick and lessen the economic burden of those who the virus has impacted. The 5 company has donated a total of $15 million worldwide for the same course. This also included significant contributions in the most affected areas such as Italy. Communication with The Customers During the Pandemic Communication plays a significant role in the society and human life; it facilitates information and knowledge sharing amongst different people. It also develops a great relationship with others. With this understanding, Apple company put in place ways through which clients could get help. Apple News, a subsidiary of Apple, launched a new covid-19 section where clients can find verified reporting from trusted news outlets. For service and support, the company directed clients to visit support.apple.com. The company also decided to have its worldwide developers conference online. The ability to communicate with clients and keep them updated on the products and the current situation has been a significant boost. The company can attend to their clients wherever they are; clients can also purchase devices from their places (Fernandes, N. 2020). When consumers inquire Siri concerning coronavirus, the firm promotes telehealth software in the App Store. It is speeding up the analysis of COVID-19 software from reliable outlets to ensure that consumers have access to the most up-to-date data rather than inaccurate or deceptive information. Wall Street/ Media Comments Regarding the Stock Changes of Apple Due to The Pandemic Apple Inc. recorded a significant uptick in sales of iPods and laptops due to the corona pandemic. The company has depended mainly on the sales of digital services, computers, and 6 other devices because students and workers worldwide are staying and working at home (Dwivedi, Y. K., Hughes, D. L., Coombs, C., Constantiou, I., Duan, Y., Edwards, J. S., … & Upadhyay, N. 2020). The company’s revenue, excluding iPhone sales, rose 25%, and Mac computers recorded $9 billion. Wall Street analysts are not scared; they see more room for iPhone shares running higher. The is a significant re-rating of Apple shares by investors in 2021, concentrating on its developing sections. Wall Street believes that the Apple business model will thrive the pandemic, leading to its market share’s upward take. Long Term Impact/ Road to Recovery From the Apple statement dated March 13, 2021, Tim explains that the company is on the road to recovery. The company is innovating to make life better. The covid-19 pandemic forced people to work from home hence needed devices to support these recent changes (Apple press, 2020). For example, teachers need tools for successful remote lessons. Medical experts can diagnose and reach millions with critical updates in a short time. The company is adapting and responding by innovating products to support a modern way of life. Apple has manufactured face shields for health workers and sourced more than 20 million N95 face masks for healthcare workers in the US. Apple chief is concerned with the health and safety of Apple employees, customers, supply chain, and the community. The company prioritizes people over revenue; it has upgraded Apple Watch and Apple Map to help in the fight against covid-19. The Apple Watch can detect respiratory illnesses like corona and flu. The Apple Map is capable of finding vaccination locations (Deb, P., Furceri, D., Ostry, J. D., & Tawk, N. 2020). 7 Conclusion Covid-19 has significantly impacted Apple device production and sales since the outbreak in January in China. The continued spread of the virus worldwide has affected Apple products’ production and supply in China, the United States, South Korea, and the world over. Several factories in china opened, and Apple clients have continued buying iPhones and other devices online. Amid the gloom, the company has managed to shine thanks to its enormously loyal client base. Apple Inc. has since responded to the pandemic in the best way it can. The company allowed their employees to work remotely and guided those who must be on-site. The company also decided to have its worldwide developers conference online. The covid-19 pandemic forced people to work from home, therefore needing devices to support these recent changes. The company is innovating to make life better. 8 Reference Apple press (March 13, 2020). Apple’s covid-19 response. https://www.apple.com/newsroom/ 2020/03/apples-covid-19-response/ Deb, P., Furceri, D., Ostry, J. D., & Tawk, N. (2020). The economic effects of Covid-19 containment measures. Dwivedi, Y. K., Hughes, D. L., Coombs, C., Constantiou, I., Duan, Y., Edwards, J. S., … & Upadhyay, N. (2020). Impact of COVID-19 pandemic on information management research and practice: Transforming education, work and life. International Journal of Information Management, 55, 102211. Eric Rosenbaum (Jan 4, 2021). Why Apple became a $2 trillion company in 2020′ and what could come next. CNN; https://www.cnbc.com/2021/01/04/whats-next-after-the-yearapple-became-a-2-trillion-company-wall-stree.html Fernandes, N. (2020). Economic effects of coronavirus outbreak (COVID-19) on the world economy. Available at SSRN 3557504. Ivanov, D., & Das, A. (2020). Coronavirus (COVID-19/SARS-CoV-2) and supply chain resilience: A research note. International Journal of Integrated Supply Management, 13(1), 90-102. Tim Higgins (Oct 29, 2020). Apple’s sales rise in pandemic, but pressure remains for breakout holiday season. The Wall Street Journal; https://www.wsj.com/articles/apple-aapl-4qearnings-report-2020-11604003762 9 Appendix Chart 1: Apple market valuation ! Photo by Financial Times ! Image 1; Apple performance 10 ! Chart 2: Apple sales Purchase answer to see full attachment



Mastering the Art of Online Learning: Your Guide to Acing Online Courses

Mastering the Art of Online Learning: Your Guide to Acing Online Courses

Introduction

In recent years, the popularity of online courses has skyrocketed, offering learners the flexibility to acquire new skills and knowledge from the comfort of their homes. However, succeeding in online courses requires a different approach compared to traditional classroom settings. To help you make the most of your online learning experience, this article presents essential strategies and tips to ace your online courses.

1. Set Clear Goals and Plan Ahead

Before embarking on an online course, establish clear goals and objectives. Determine what you hope to achieve by the end of the course and break down your goals into manageable milestones. Create a study schedule that aligns with your other commitments, ensuring you allocate dedicated time for coursework, assignments, and revision.

2. Create a Productive Study Environment

Establishing a conducive study environment is crucial for online learning success. Find a quiet, well-lit space where you can concentrate without distractions. Remove any potential interruptions, such as notifications from social media or email. Organize your study materials and have a reliable internet connection to ensure seamless access to course materials.

3. Actively Engage in the Course

Active participation is key to mastering online courses. Engage with course materials, including videos, readings, and interactive components. Take comprehensive notes, highlighting key concepts and ideas. Participate in discussion boards, forums, and virtual meetings to interact with instructors and peers, fostering a sense of community and enhancing your understanding of the subject matter.

4. Manage Your Time Effectively

Online courses offer flexibility, but it’s essential to manage your time wisely to avoid falling behind. Create a detailed schedule, allocating specific time slots for coursework, assignments, and studying. Break down larger tasks into smaller, manageable segments to prevent procrastination. Prioritize tasks based on deadlines and dedicate focused time to each one, ensuring consistent progress throughout the course.

5. Develop Effective Communication Skills

Online courses often rely on written communication, making it crucial to hone your skills in this area. Be concise and clear in your written responses, paying attention to grammar and spelling. Actively participate in discussions, asking thoughtful questions and providing constructive feedback to your peers. Regularly check your course emails and notifications, ensuring you stay updated with any important announcements or changes.

6. Utilize Available Resources

Take full advantage of the resources provided by your online course platform and instructors. Familiarize yourself with the learning management system (LMS) and explore its features. Access supplementary materials, such as textbooks, lecture slides, and external resources recommended by instructors. Utilize online libraries, research databases, and tutorial services to deepen your understanding of the subject matter.

7. Stay Motivated and Engaged

Maintaining motivation throughout an online course can be challenging, particularly when faced with competing priorities or a lack of face-to-face interaction. Set short-term goals and reward yourself upon their completion. Connect with fellow learners through virtual study groups or online forums to foster a sense of camaraderie. Regularly remind yourself of the benefits and personal growth associated with completing the course successfully.

8. Seek Support and Clarification

Don’t hesitate to seek support or clarification when needed. Reach out to your instructors for guidance or clarification on course material. Utilize online discussion forums to ask questions or engage in collaborative problem-solving. Leverage the support services provided by your course platform or institution, such as technical support or academic advising.

Conclusion

Online courses present unique opportunities for self-paced learning and personal growth. By setting clear goals, creating a productive study environment, actively engaging with course materials, and managing your time effectively, you can maximize your chances of acing online courses. Remember to stay motivated, seek support when needed, and make the most of the available resources. Embrace the flexibility and adaptability of online learning to achieve your educational goals.


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