Fiscal year
Business Concept
What If Steve Jobs Hadn't Returned To Apple In 1997?...world, look like today? Apple Then, Apple Now When Steve Jobs returned to Apple the company had just completed a fiscal year where they lost about $1 billion on $7 billion in revenue. The company was worth about $4 billion. Rivals like... In this article: Apple, Steve Jobs, Iphone, Dell, IPod, NeXT, Revenue, Larry Sonsini, and Pixar |
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CNN | November 06, 2009
The Droid won't save Motorola
...calendar 2010 earnings estimates. (Apple's fiscal year ends in September while Motorola's ends in December so I used estimates for the calendar year in order to have an, uh, apples-to-apples comparison.) Sure, Motorola may look cheap when...
In this article: Motorola, Apple, Nokia, Android, RIMM, Google, Cnnmoney.com, and Iphone
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Sydney Morning Herald - Business | October 19, 2009
Apple net profit soars on record iPhone-Macintosh sales
...computers. Apple recorded 9.87 billion US dollars in revenue during the fourth quarter of its fiscal year, which ended September 26, compared with 7.9 billion US dollars in revenue in the same period last year. Apple's quarterly...
In this article: Apple, Iphone, Revenue, Peter Oppenheimer, Rose, IPod, Steve Jobs, and California
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CNET News.com | October 19, 2009
Apple: Best Mac, iPhone quarterly sales ever
Apple: Best Mac, iPhone quarterly sales ever Apple did not disappoint investors as it closed out its fiscal year. The company reported its earnings Monday afternoon, calling the fiscal fourth quarter of 2009 its "most profitable ever."
In this article: Apple, Iphone, Revenue, Steve Jobs, CNET News, Los Angeles Dodgers, Apple TV, and IPod
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San Jose Mercury News | November 03, 2009
Apple's iPhone sales debut in China disappoints analysts
...generated sales of about 30,000, he said. Prices will drop over time, helping China's iPhone shipments reach 1 million to 2 million in Apple's fiscal year, which ends next September, Munster said. That's out of a total of 36 million units,...
In this article: Iphone, Apple, China, China Unicom, Hong Kong, Beijing, United States, and Tax
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MacNN - The Macintosh News Network | October 28, 2009
Apple 10-K statement shows 2009 incomes, outcomes
...October 28, 2009 Company makes gains in iTunes, losses in iPods Apple has published an official 10-K statement for its 2009 fiscal year, revealing some broader trends. The company for instance sold 54 million iPods, 1 percent less than...
In this article: Apple, IPod, Itunes, TomTom, Iphone, Revenue, App Store, Itunes Store, and Garmin
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PC World: Latest Technology News | November 13, 2009
Upsized Apple Stores Coming Soon
...Apple Stores Coming Soon Apple may have only opened 26 stores throughout the 2009 fiscal year which ended in September but get ready because they're about to unleash between 40 to 50 more stores by the end of 2010. Just this week Apple will...
In this article: Apple, Paris, Australia, Brisbane, and Louvre
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Yahoo! News | October 19, 2009
Apple's Profit Rises Despite Drop in iPod Shipments (PC World)
...the phone though multiple carriers in countries including the United Kingdom. Apple shipped 21 million iPhones during the entire fiscal year, Cook said. Interest grew among businesses, boosted by growing support for enterprise...
In this article: Apple, Iphone, IPod, Revenue, Laptop, PC World, Mac OS X 10.6, and Thomson Reuters
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Description from Wikipedia:
A fiscal year (or financial year, or sometimes budget year) is a period used for calculating annual ("yearly") financial statements in businesses and other organizations. In many jurisdictions, regulatory laws regarding accounting and taxation require such reports once per twelve months, but do not require that the period reported on constitutes a calendar year (i.e., January through December). Fiscal years vary between businesses and countries.
In addition, many companies find that it is convenient for purposes of comparison and for accurate stock taking to always end their fiscal year on the same day of the week, where local legislation permits. Thus some fiscal years will have 52 weeks and others 53. Major corporations that adopt this approach include Cisco Systems and Tesco.
In the United Kingdom, a number of major corporations that were once government owned, such as BT Group and the National Grid, continue to use the government's financial year, which ends on the last day of March, as they have found no reason to change since privatisation.
Nevertheless, for about 65% of publicly traded companies in the United States and for a majority of large corporations in the UK and elsewhere, except in Australia, New Zealand and Japan, the fiscal year and calendar year are identical. Many universities have a fiscal year which ends during the summer, both to align the fiscal year with the school year, and because the school is normally less busy during the summer months.
Some media/communication based organizations use a Broadcast calendar as the basis for their fiscal year.
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