Where Company stands today Post 1 & 2

Post 1:
Apple has about 35,000 employees worldwide and had worldwide annual sales of $32.48 billion in its financial year which ended September 29, 2008. Fortune magazine named Apple the most admired company in the United States in 2008 and in the world in 2009. In January 2006, Apple's market capitalization surpassed Dell. One of Apple's co-founder, Steve Jobs, announced that Apple would begin producing Intel-based Mac computers in 2006. By August 7, 2006 Apple had transitioned the entire Mac product line to Intel chips, over one year sooner than announced.


Post 2:
On April 29, 2009, The Wall Street Journal reported that Apple was building its own team of engineers to design microchips. During this period, Apple was very sucessful in its stock price. Between early 2003 and 2006, the price of Apple's stock increased more than tenfold, from around $6 per share to over $80. Right after the announcement of introducing the Iphone and Apple TV, the next day, Apple shares hit $97.80. This was an all-time high at that point. In May, Apple's share price passed the $100 mark. Apple recorded its best non-holiday quarter during the recession with a revenue of $8.16 billion and a profit of $1.21 billion.