Description:
AAPL
Apple, the maker of the globally popular iPhone and iPad devices, posted sales of almost 171 billion in 2013, 9% higher than the prior year. But the company has come
under pressure in the competitive smartphone business, and its profit shrank 11% to 37 billion from 2012 to 2013. Even so, Apple has a huge amount of cash on hand,
and CEO Tim Cook recently deployed some of that cash pile by announcing 30 billion in stock buybacks.
Key Financials:
Revenues 170,910.009.2%
Profits 37,037.00-11.3%
Assets 207,000.00
fortune.com
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