Apple 2011 Annual Report Download - page 26

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The information set forth below for the five years ended September 24, 2011, 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).
24
Item 6.
Selected Financial Data
2011
2010
2009
2008
2007
Net sales
$
108,249
$
65,225
$
42,905
$
37,491
$
24,578
Net income
$
25,922
$
14,013
$
8,235
$
6,119
$
3,495
Earnings per common share:
Basic
$
28.05
$
15.41
$
9.22
$
6.94
$
4.04
Diluted
$
27.68
$
15.15
$
9.08
$
6.78
$
3.93
Cash dividends declared per common share
$
0
$
0
$
0
$
0
$
0
Shares used in computing earnings per share:
Basic
924,258
909,461
893,016
881,592
864,595
Diluted
936,645
924,712
907,005
902,139
889,292
Total cash, cash equivalents and marketable securities
$
81,570
$
51,011
$
33,992
$
24,490
$
15,386
Total assets
$
116,371
$
75,183
$
47,501
$
36,171
$
24,878
Total long
-
term obligations (a)
$
10,100
$
5,531
$
3,502
$
1,745
$
687
Total liabilities
$
39,756
$
27,392
$
15,861
$
13,874
$
10,347
Total shareholders
’
equity
$
76,615
$
47,791
$
31,640
$
22,297
$
14,531
(a) The Company did not have any long-term debt during the five years ended September 24, 2011. Long-term obligations exclude non-
current deferred revenue.