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Unformatted text preview: 2009, Apple has reported best quarterly earnings and revenues despite of economic uncertainty. Further, in last five years, the companys stock price has grown by 729% making it a market leader and a top performer. According to last quarter result, Apple Inc has market cap of approx $300 billion. During May 2010, it became the worlds most valuable company in the technology segment. It has reported net income of $6 billion that was 78% above the last year income. In the year 2011, it had reported strong sales in all its product lines. Further, launch of faster and lighter version of iPad2 (March 2011) by Steve Jobs will lead to improved Apples financial performance despite of the economic downturn. References http://finance.yahoo.com/q/pr?s=AAPL+Profile http://www.bls.gov http://news.cnet.com/8301-13579_3-10225194-37.html http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=USD http://www.bbc.co.uk/news/technology-12620077...
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This note was uploaded on 04/14/2011 for the course MGT 0962 taught by Professor Fabello during the Spring '11 term at Western Intl..
- Spring '11