Answer the following for APPLE INC

Income Statement

Did its revenue (or sales) increase or decrease over the last year?

Describe the company's revenue recognition policy.

Did its cost of goods sold increase or decrease over the last year?

Did its net income increase or decrease over the last year? By how much?

Balance Sheet

Did its total assets increase or decrease over the last year?

Cash Flow Statement

Did the company have a cash inflow or outflow from operating activities? What two major item(s) reported in operating activities caused the major inflow and the major outflow?

Was there total inflow or outflow of cash, what did this most relate to (Investing, Financing or Operating)?