Question: Using Apple Inc. most recent financial statements, what conclusions can be drawn regarding the Company's future prospects. Net sales Cost of sales Gross margin Operating
Using Apple Inc. most recent financial statements, what conclusions can be drawn regarding the Company's future prospects.
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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