APPLE INC.

Apple Inc., today, regards itself as the leading competitor in the electronic industry with their award-winning computers, OS X operating system and iLife and believes that they spearheading the professional applications, including the digital media revolution with its iPod, iTunes online store, and recently, the iPhone. In their annual 10-K report, their 2009 annual Net Sales was $42,905,000,000, a 14% increase from 2008’s $37,491,000,000 report. 2009’s Net Income indicated a 25.6% increase from $6,119,000,000 to $8,235,000,000. The total revenue as of March 27, 2010 Apple Inc.’s Net Sales is documented as $29,182,000,000 in their Condensed Consolidated Statements of Operations Quarterly Report. Apple’s 2009 report was at 20,964,000,000 indicating a 39% increase. Their Net Income as of March 2010 is $6,452,000,000 compared to March 2009’s $3,875,000,000. The rather significant increase was the result of higher sales of iPhones, Mac Computers, iPods, and other music related products. Apple Inc’s Chief Executive Officer, Steven P. Jobs, receives $1,000,000,000 as his annual salary. The document reports Chief Operating Officer, Timothy D. Cook’s yearly income as $14,001,040. Mr. Job’s salary has remained $1,000,000,000 since 2007; Mr. Cook’s has increased 88.6% within the past year.

Sources:

10-K REPORT
10-Q REPORT
PROXY STATEMENT