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. In 2013, Apples sales revenue reached $170 billion and its net income was more than $37 billion. In 2014, Apples revenue rose to nearly
. In 2013, Apples sales revenue reached $170 billion and its net income was more than $37 billion. In 2014, Apples revenue rose to nearly $183 billion, with net income reaching $39.51 billion. Apple experienced exponential growth since 2008 (see the Exhibit) Based on this information conduct a step by step financial analysis/calculation and explain the discovery. Please provide a step-by-step thank u
EXHIBIT 1: APPLE'S NET SALES AND NET INCOME, 20082014 (IN US\$ MILLIONS)Step by Step Solution
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