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Analyze Apple Inc. by segment Segment disclosure by Apple Inc. (AAPL) provides sales information for its major product lines for three recent years as follows

image text in transcribed Analyze Apple Inc. by segment Segment disclosure by Apple Inc. (AAPL) provides sales information for its major product lines for three recent years as follows (in millions): Segment iPhone iPad Mac Services Other Products Total sales Year 3 Year 2 Year 1 $136,700 $155,041 $101,991 20,628 23,227 30,283 22,831 25,471 24,079 24,348 19,909 18,063 11,132 $215,639 10,067 $233,715 8,379 $182,795 The Services segment includes sales from iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, Apple Music, AppleCare, and Apple Pay. The Other Products segment includes sales from Apple TV, Apple Watch, Beats products, iPod, and Apple-branded accessories. a. Prepare a vertical analysis of Year 3 sales. (Round percentages to nearest whole percent.) Segment Year 3 Sales Percent of Total Sales iPhone $136,700 % iPad 20,628 % 22,831 % Services 24,348 % Other Products 11,132 % Total sales $215,639 %

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