Apple Computer's Loan

Applying Loan Details Apple Computer needs a loan equivalent to one quarter (25%) of the current shareholders' equity as of December 31, 2002. This amounted to $ 1,024 million and its debt level rose to $ 3.223 billion. This loan allows the company to expand its long-term assets and is expected to add 1% interest to the preferential interest rate paid on 31 December each year. When the product expires within 10 years (January 2013) we repaid the principal. By providing this loan, the company's debt will increase from the current 54% to 79%.

Apple 1 (aka Apple Computer 1) was the first desktop computer manufactured by Apple Inc. (then Apple Computer Company). It was designed and built by Steve Wozniak, and the idea of ​​selling computers came from his friend, Jobs. To pay for this, Steve Jobs had to sell his Volkswagen mini car (he is planning to use his bicycle as needed), and Steve Wozniak sells his calculator I had to sell it for $ 500. (HP-65)

Apple was originally called Apple Computers and began in 1976. Founder Steve Jobs and Steve Wozniak worked at the Jobs garage at home in Los Altos, California. On April 1, 1976, they released Apple 1, a desktop computer released as an assembled single motherboard, unlike other personal computers of that era. Apple II was introduced in about a year. Upgraded machines include an integrated keyboard and enclosure as well as expansion slots for connecting floppy drives and other components. Apple III was released in 1980, the year before IBM released IBM 's personal computer. Due to technical problems and other machine problems, recall occurs and Apple's reputation is compromised

In January 1983, Jobs provided his primary Apple IIe computer, 64 kilobytes of memory, monitor, floppy drive, software coupon, and Apple logo manual to all elementary and junior high schools in California to at least 100 students. Languages ​​The retail price of each package is $ 2364, $ 9,250. The price of donated equipment exceeds 21 million dollars. However, Apple has only 1 million dollars, as 25% of the retail tax credit and the total cost is only 5.2 million dollars.