Apple 1997 Annual Report Download - page 11
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PART II
ITEM 5. MARKET FOR THE REGISTRANT'S COMMON EQUITY AND RELATED SHAREHOLDER MATTERS
The Company's common stock is traded on the over-the-
counter market and is quoted on the Nasdaq National Market under the symbol AAPL,
on the Tokyo Stock Exchange under the symbol APPLE, and on the Frankfurt Stock Exchange under the symbol APCD. Options are traded on
the Chicago Board Options Exchange and the American Stock Exchange. Information regarding the Company's high and low reported closing
prices for its common stock and the number of shareholders of record is set forth in Part II, Item 8 of this Form 10-K under the heading
"Selected Quarterly Financial Information (Unaudited)", which information is hereby incorporated by reference.
ITEM 6. SELECTED FINANCIAL DATA
The following selected financial information has been derived from the audited consolidated financial statements. The information set forth
below is not necessarily indicative of results of future operations, and should be read in conjunction with "Management's Discussion and
Analysis of Financial Condition and Results of Operations" and the consolidated financial statements and related notes thereto included
elsewhere in this Form 10-K.
8
FIVE FISCAL YEARS ENDED SEPTEMBER 26, 1997 1997 1996 1995 1994 1993
----------------------------------------------------------- --------- --------- --------- --------- ---------
(IN MILLIONS, EXCEPT SHARE AND PER SHARE AMOUNTS)
Net sales.................................................. $ 7,081 $ 9,833 $ 11,062 $ 9,189 $ 7,977
Net income (loss).......................................... $ (1,045) $ (816) $ 424 $ 310 $ 87
Earnings (loss) per common and common equivalent share..... $ (8.29) $ (6.59) $ 3.45 $ 2.61 $ 0.73
Cash dividends declared per common share................... $ -- $ 0.12 $ 0.48 $ 0.48 $ 0.48
Common and common equivalent shares used in the
calculations of earnings (loss) per share (in
thousands)............................................... 126,062 123,734 123,047 118,735 119,125
Cash, cash equivalents, and short-term investments......... $ 1,459 $ 1,745 $ 952 $ 1,258 $ 892
Total assets............................................... $ 4,233 $ 5,364 $ 6,231 $ 5,303 $ 5,171
Long-term debt............................................. $ 951 $ 949 $ 303 $ 305 $ 7
Shareholders' equity....................................... $ 1,200 $ 2,058 $ 2,901 $ 2,383 $ 2,026