Apple 2010 Annual Report Download - page 29

Download and view the complete annual report

Please find page 29 of the 2010 Apple annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 118

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118

Table of Contents
The information set forth below for the five years ended September 25, 2010, is not necessarily indicative of results of future operations, and
should be read in conjunction with Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations”
and the
consolidated financial statements and related notes thereto included in Item 8 of this Form 10-
K to fully understand factors that may affect the
comparability of the information presented below (in millions, except share amounts which are reflected in thousands and per share amounts).
26
Item 6.
Selected Financial Data
2010
2009
2008
2007
2006
Net sales
$
65,225
$
42,905
$
37,491
$
24,578
$
19,315
Net income
$
14,013
$
8,235
$
6,119
$
3,495
$
1,989
Earnings per common share:
Basic
$
15.41
$
9.22
$
6.94
$
4.04
$
2.36
Diluted
$
15.15
$
9.08
$
6.78
$
3.93
$
2.27
Cash dividends declared per common share
$
0
$
0
$
0
$
0
$
0
Shares used in computing earnings per share:
Basic
909,461
893,016
881,592
864,595
844,058
Diluted
924,712
907,005
902,139
889,292
877,526
Total cash, cash equivalents and marketable securities
$
51,011
$
33,992
$
24,490
$
15,386
$
10,110
Total assets
$
75,183
$
47,501
$
36,171
$
24,878
$
17,205
Total long
-
term obligations (a)
$
5,531
$
3,502
$
1,745
$
687
$
395
Total liabilities
$
27,392
$
15,861
$
13,874
$
10,347
$
7,221
Total shareholders
equity
$
47,791
$
31,640
$
22,297
$
14,531
$
9,984
(a) The Company did not have any long-term debt during the five years ended September 25, 2010. Long-term obligations excludes non-
current deferred revenue.