Mgt 521

Apple's Financial Health

MGT 521

Apple Financial Health

As stated before in my business analysis paper, Apple is a very rich, prosperous, and innovative company. Its innovations and creativity has enable Apple to keep growing, striving, and propelling itself to the top of the personal computer industry. Apples dominancy and growth is not just known by people around the world it is documented and can be proven by Apple's financial statements.

Financial Statements

On apples income statement one can see that their net sales rises each year for the past three years. Starting in 2009 where net sales were just 42,905 million, in 2010 65,225 million, and then now to 2011 108,249 million (Apple INC, 2011). This data shows that Apple's net sales nearly triple from 2009 to 2011. Their...