Notes Taken 10/17/11 at 9:45pm-11:30pm

Assignment: Discuss in your group. Do you agree with apple? Why or why not? Insert your analysis in your learning journal (blog).
Our group agree that Apple’s company is earning money. They are running very highly competitive compare with other company. Our group base this analysis with the information provided on the Beginners' Guide to Financial Statements where we learn how to view Balance Sheet, Income statements, Cash flow statements, and Statements shareholders. Apple company is growing well.

From the income statement we see that their revenue increase to 82%;
Accordingly, they were $15.70 billion and it is now is $28.57 billion at third quarter report;

From the net profit, there was $3.25 billion and now grow to $7.31 billion base on their quarter report;
Furthermore, the gross margin was 39.1 percent one year ago, but now they grow to 41.7 percent of the quarter this year, and international sales has 62 percent as base on quarter's CPU Units;
On the cash flows, last June the beginning of the period they have 5,263 millions and this year the beginning of the period increases to 11,261 millions;
On the balance sheet, until the end of this quarter, the asset grow to $106,758 from the last year September $75,183, and the shareholder’s equity grow to $69,343 this year compare to the last year September 25 was $47,791.