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Year 3 Mac Segment disclosure by Apple Inc. (AAPL) provides sales information for its major product lines for three recent years as follows (in Millions):
Year 3 Mac Segment disclosure by Apple Inc. (AAPL) provides sales information for its major product lines for three recent years as follows (in Millions): Segment Year 2 Year 1 IPhone $136,700 5155,041 $101.991 iPad 20,628 23,227 30,283 22,831 25,471 24,079 Services 24,348 19,909 18,063 Other Products 11,132 10,067 8,379 Total sales $215,639 $233,715 $182,795 The Services segment includes sales from iTunes Store, App Store, Mac App Store, TV App Store, Books 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 % Pad 20,628 90 Mac 90 Services 9 22,831 24,348 11,132 $215,639 Other Products Total sales 100 % Which product had the greatest percentage of Year 3 sales? Which product had the last percentage of Year 3 sales? Greatest percentage iPhone Least percentage Other Products b. Prepare a horizontal analysis of the change in sales from Year 1 to Year 3. (Round percentages to nearest whole percent. For those boxes in which you must enter subtractive or negative numbers use a minus sign.) Increase (Decrease) Segment Year Year 1 Amount Percent IPhone $136,700 $101,9915 34,709 iPad 20,628 30,283 -9,655 Mac 22,831 24,079 - 1,248 Services 24,348 18,063 6,285 Other Products 11,132 8,379 2,753 Total sales $215,639 $182,795 32,544 Which product grew the most in sales, in percentage terms, using Year 1 as the base year? Mac X
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