Financial Investment Project of The Apple

APPLE
About Apple Apple Inc. (NASDAQ: AAPL; formerly Apple Computer, Inc.) is an Americanmultinational corporation that designs and sells consumer electronics, computer software, and personal computers. The company's best-known hardware products are the Macintoshline of computers, the iPod, the iPhone and the iPad. Its software includes the Mac OS Xoperating system; the iTunes media browser; the iLife suite of multimedia and creativity software; the iWork suite of productivity software; Aperture, a professional photography package; Final Cut Studio, a suite of professional audio and film-industry software products; Logic Studio, a suite of music production tools; the Safari web browser; and iOS, a mobile operating system. As of July 2011, Apple has 364 retail stores in thirteen countries, and an online store.It is the largest publicly traded company in the world by market capitalization, overtopping ExxonMobil by some $150 billion, as well as the largest technology company in the world by revenue and profit, more than Google and Microsoft combined. As of September 24, 2011, the company had 60,400 permanent full-time employees and 2,900 temporary fulltime employees worldwide; its worldwide annual revenue in 2010 totalled $65 billion, growing to $108 billion in 2011. Fortune magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012. However, the company has received widespread criticism for its contractors' labor, and for its environmental and business practices. Established on April 1, 1976 in Cupertino, California, and incorporated January 3, 1977,the company was named Apple Computer, Inc. for its first 30 years. The word "Computer" was removed from its name on January 9, 2007, as its traditional focus on personal computers shifted towards consumer electronics.

Legal information

End User Software License Agreements Review the terms of conditions of Apples software licenses. For developer software licensing information, please visit Apples Developer website. Hardware Warranties Before you purchase a new or refurbished hardware product from Apple, you may review copies of our warranties, including limitations and exclusions. iTunes Store Terms Read the rules for using the iTunes Store and the terms for purchasing music from it, payment methods, and billing. Also, learn about gift certificates from the iTunes Store and how they can be redeemed. Sales Policies Read Apples sales and refunds policies for our brick-and-mortar retail stores and the sales and refund policies for our Consumer, K12 and Higher Education online stores. Service Products Review the Terms and Conditions for AppleCare products such as the AppleCare Protection Plan and AppleCare OS Support.

Terms of Service Includes terms of service for MobileMe, iPhoto, apple.com, and the Apples Discussion Forums. Policies Review Apples Unsolicited Idea Submission Policy or get information about Apples Privacy Policy. Trademark, Copyright and Intellectual Property See Apples list of trademarks and find guidelines for using them. Read our copyright information to learn how to obtain permission to use Apple copyrighted materials or to report a claim of copyright infringement.

Legal Contacts Key legal contact information for inquiries about trademarks, copyrights, counterfeit products, patents, software piracy, and small claims complaints. Export Compliance Read Apple Inc.s Export Compliance Product/Country Matrix. Supplier Provisions Additional provisions for suppliers performing services on Apples behalf for certain designated customers. Training and Certification Agreements and Policies Review the terms and conditions of Apples Training and Certification Programs and other policies for use of or participation in Apple Training and Certification Programs. About of Apples Finance In its fiscal year ending in September 2011, Apple Inc. hit new heights financially with $108 billion in revenues (increased significantly from $65 billion in 2010) and nearly $82 billion in cash reserves. Apple achieved these results while losing market share in certain product categories. On March 19, 2012, Apple announced plans for a $2.65 per share dividend beginning in fourth quarter of 2012, per approval by their board of directors.

Analysis financial report of apple company for 3 years

Income Statement

Period Ending
Total Revenue Cost of Revenue Gross Profit Operating Expenses Research Development Selling General and Administrative Non Recurring Others Total Operating Expenses Operating Income or Loss Income from Continuing Operations Total Other Income/Expenses Net Earnings Before Interest And Taxes Interest Expense Income Before Tax Income Tax Expense Minority Interest Net Income From Continuing Ops Non-recurring Events Discontinued Operations Extraordinary Items Effect Of Accounting Changes Other Items Net Income Preferred Stock And Other Adjustments

Sep 23, 2011 Sep 24, 2010 Sep 25, 2009 108,249,000 65,225,000 64,431,000 43,818,000 39,541,000 25,684,000 42,905,000 25,683,000 17,222,000

2,429,000 7,599,000 33,790,000

1,782,000 5,517,000 18,385,000

1,333,000 4,149,000 11,740,000

415,000 34,205,000 34,205,000 8,283,000 25,922,000

155,000 18,540,000 18,540,000 4,527,000 14,013,000

326,000 12,066,000 12,066,000 3,831,000 8,235,000

25,922,000 -

14,013,000 14,013,000

8,235,000 8,235,000

Net Income Applicable To Common Shares 25,922,000 Currency in USD.

Balance Sheet
Period Ending
Assets Current Assets Cash And Cash Equivalents Short Term Investments Net Receivables Inventory Other Current Assets Total Current Assets Long Term Investments Property Plant and Equipment Goodwill Intangible Assets Accumulated Amortization Other Assets Deferred Long Term Asset Charges Total Assets Liabilities Current Liabilities Accounts Payable Short/Current Long Term Debt Other Current Liabilities Total Current Liabilities Long Term Debt Other Liabilities 23,879,000 4,091,000 27,970,000 10,100,000 17,738,000 2,984,000 20,722,000 5,531,000 1,139,000 27,392,000 9,453,000 2,053,000 11,506,000 3,502,000 853,000 15,861,000 9,815,000 16,137,000 13,731,000 776,000 4,529,000 44,988,000 55,618,000 7,777,000 896,000 3,536,000 3,556,000 116,371,000 11,261,000 14,359,000 11,560,000 1,051,000 3,447,000 41,678,000 25,391,000 4,768,000 741,000 342,000 2,263,000 75,183,000 5,263,000 18,201,000 6,192,000 455,000 1,444,000 31,555,000 10,528,000 2,954,000 206,000 247,000 2,011,000 1,727,000 47,501,000

Sep 23, 2011 Sep 24, 2010 Sep 25, 2009

Deferred Long Term Liability Charges 1,686,000 Minority Interest Negative Goodwill Total Liabilities Stockholders' Equity Misc Stocks Options Warrants Redeemable Preferred Stock Preferred Stock Common Stock Retained Earnings 13,331,000 62,841,000 39,756,000

10,668,000 37,169,000

8,210,000 23,353,000

Treasury Stock Capital Surplus Other Stockholder Equity Total Stockholder Equity Net Tangible Assets Currency in USD.

443,000 76,615,000 72,183,000

(46,000) 47,791,000 46,708,000

77,000 31,640,000 31,187,000

Cash Flow
Period Ending
Net Income

Sep 23, 2011 Sep 24, 2010 Sep 25, 2009

25,922,000 14,013,000 8,235,000

Operating Activities, Cash Flows Provided By or Used In Depreciation Adjustments To Net Income Changes In Accounts Receivables Changes In Liabilities Changes In Inventories Changes In Other Operating Activities 1,814,000 4,036,000 (1,791,000) 8,664,000 275,000 (1,391,000) 1,027,000 2,319,000 (4,860,000) 8,302,000 (596,000) (1,610,000) 18,595,000 734,000 1,750,000 (353,000) 452,000 54,000 (713,000) 10,159,000

Total Cash Flow From Operating Activities 37,529,000 Investing Activities, Cash Flows Provided By or Used In Capital Expenditures Investments Other Cash flows from Investing Activities (4,260,000) (32,464,000) (3,695,000)

(2,005,000) (11,075,000) (774,000) (13,854,000)

(1,144,000) (16,046,000) (244,000) (17,434,000)

Total Cash Flows From Investing Activities (40,419,000) Financing Activities, Cash Flows Provided By or Used In Dividends Paid Sale Purchase of Stock Net Borrowings Other Cash Flows from Financing Activities 831,000 (520,000)

912,000 (406,000) 1,257,000 5,998,000

475,000 (82,000) 663,000 (6,612,000)

Total Cash Flows From Financing Activities 1,444,000 Effect Of Exchange Rate Changes Change In Cash and Cash Equivalents Currency in USD. (1,446,000)

On October 18, 2011, Apple Inc. (Apple) issued a press release regarding Apples financial results for its fourth fiscal quarter ended September 24, 2011 and a related data sheet. A copy of Apples press release is attached hereto as Exhibit 99.1 and a copy of the related data sheet is attached hereto as Exhibit 99.2. The information contained in this Current Report shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Apple Reports Fourth Quarter Results All-Time Record Mac and iPad Sales Highest September Quarter Revenue and Earnings Ever

CUPERTINO, CaliforniaOctober 18, 2011Apple today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarters revenue. The Company sold 17.07 million iPhones in the quarter, representing 21 percent unit growth over the year-ago quarter. Apple sold 11.12 million iPads during the quarter, a 166 percent unit increase over the year-ago quarter. The Company sold 4.89 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 6.62 million iPods, a 27 percent unit decline from the year-ago quarter. We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion, said Tim Cook, Apples CEO. Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.

We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter, said Peter Oppenheimer, Apples CFO. Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.

(1) Includes iMac, Mac mini, Mac Pro and Xserve product lines. (2) Includes MacBook, MacBook Air and MacBook Pro product lines. (3) Includes sales from the iTunes Store, App Store, and iBookstore in addition to sales of iPod services and Apple-branded and third-party iPod accessories. (4) Includes revenue recognized from iPhone sales, carrier agreements, services, and Apple-branded and third-party iPhone accessories. (5) Includes revenue recognized from iPad sales, services, and Apple-branded and third-party iPad accessories. (6) Includes sales of displays, wireless connectivity and networking solutions, and other hardware accessories. (7) Includes sales from the Mac App Store in addition to sales of other Apple-branded and third-party Mac software and Mac and Internet services.