The companys strong brand enables it to command a premium pricing for its products such as iMac, iPod and iPhone, big(a) it an edge over regional as well as other global competitors such as Sony. Robust pecuniary performance Apple reported robust financial performance in the past few years. The companys total revenue increase from $6,207 million in FY2003 to $32,479 million in FY2008, representing a compounded yearly growth rate (CAGR) of 39%. The companys run income recovered from an operate loss of $1 million in FY2003 to an operating profit of $6,275 million in FY2008. As a result, the company operating profit edge has improved from 3.9% in 2004 to 19.3% in FY2008. Apples net income increased from $69 million in 2003 to $4,834 million in 2008. Following the trend, Apples net income margin improved from 1.1% in FY2003 to 14.8% in FY2007.... If you want to get a full essay, order it on our website: Ordercustompaper.com
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