Quote:
Originally Posted by Sonist
What are you on about?
Apple's annual profit was about 6 billion, if my memory serves, me. You are mixing it up with sales.
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No, I wasn't mixing it up with sales, I was looking at gross profit here
http://finance.yahoo.com/q/ks?s=AAPL+Key+Statistics which I agree is incorrect.
Based on the 10K at Apples site, 2009 net sales was 42.9B and net income was 8.2B. Regardless, 1B of 42.9B is still only 2.33% and 250M of 8.2B is only 3.04%, still much less then the 5% I originally wrote.