Make an analysis of the Consolidated Statements of operations focusing specifically on the net income and compare to the cash balances in the Consolidated Statements of Cash Flows). How do you explain the differences between the numbers? Consider the reasonableness of your answer.

Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Net sales: Cost of sales: Earnings per share: Basic Diluted $$5.675.61$$3.313.28$$2.992.97 Shares used in computing earnings per share: Basic Diluted 16,701,27216,864,91917,352,11917,528,21418,471,33618,595,651 CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions)