Using Apple Inc. most recent financial statements, what conclusions can be drawn regarding the Company's future prospects.

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Net sales Cost of sales Gross margin Operating expenses: Research and development Selling, general and administrative Total operating expenses Operating income Other income/expense), nel Income before provision for income taxes Provision for income taxes Net income Earnings per share: Basic Diluted Shares used in computing eamings per share: Basic Diluted Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except number of shares which are reflected in thousands and per share amounts) September 29, 2018 S S S S 265.595 163,756 101,839 14.236 16,705 30,941 70,898 2,005 72,903 13.372 59.531 12.01 11.91 4,955,377 5,000,109 S S S S Years ended September 30, 2017 229,234 141,048 88,186 11,581 15.261 26,842 61,344 2,745 64,089 15,738 48.351 9.27 9.21 5,217,242 5,251,692 S S S S September 24, 2016 215,639 131,376 84,263 10,045 14,194 24,239 60,024 1,348 61,372 15,685 45,687 8.35 8.31 5,470,820 5.500,281 Net sales Cost of sales Gross margin Operating expenses: Research and development Selling, general and administrative Total operating expenses Operating income Other income/expense), nel Income before provision for income taxes Provision for income taxes Net income Earnings per share: Basic Diluted Shares used in computing eamings per share: Basic Diluted Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except number of shares which are reflected in thousands and per share amounts) September 29, 2018 S S S S 265.595 163,756 101,839 14.236 16,705 30,941 70,898 2,005 72,903 13.372 59.531 12.01 11.91 4,955,377 5,000,109 S S S S Years ended September 30, 2017 229,234 141,048 88,186 11,581 15.261 26,842 61,344 2,745 64,089 15,738 48.351 9.27 9.21 5,217,242 5,251,692 S S S S September 24, 2016 215,639 131,376 84,263 10,045 14,194 24,239 60,024 1,348 61,372 15,685 45,687 8.35 8.31 5,470,820 5.500,281

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Explanations of the Above Problems Conclusion on Apples Incs future prospects After analyzing Apple ... View the full answer