Posted by & filed under Part 6 Managing Financial Resources.

Description:  Apple Inc said Tuesday that profit rose 90% in its fiscal second quarter as it sold almost 9 million iPhones, easily topping analyst estimates in both profit and sales amid a surge in demand in international markets.

Source:  Marketwatch.com
 
Date: 04/20/2010

Link: http://www.marketwatch.com/story/apple-earnings-soar-on-strong-iphone-sales-2010-04-20?siteid=nwtwk

Questions for discussion:

  • Does Apple`s current financial information suggest more of the same in the future? Why or why not?
  • How do you think management will react to this financial situation?

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