Company Profile For Apple Inc.

Apple Inc. (Apple) designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, and sells a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, and third-party wholesalers, resellers, and value-added resellers. In addition, the Company sells a variety of third-party Macintosh (Mac), iPhone and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and various other accessories and peripherals through its online and retail stores, and digital content and applications through the iTunes Store. The Company sells to consumer, small and mid-sized business (SMB), education, enterprise, government and creative customers. In December 2009, the Company acquired digital music service Lala.

BRIEF: For the thirteen weeks ended 26 December 2009, Apple Inc.'s revenues increased 32% to $15.68B. Net income increased 50% to $3.38B. Revenues reflect a substantial increase in income from iphone and related products & services, a rise in Desktops sales and an increase in sales from Eroupe & Asia-Pacific segment. Net income also reflects increased gross profit margin and substantial increase in operating income.