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To say it was another big year for Apple would be a gross understatement. With the passing of Steve Jobs, questions swirled around the companys future. But under new CEO Tim Cooks guidance, Apple continues to prosper.
The companys annual revenues climbed to $108 billion, led by an 81% increase in iPhone sales — a jump that doesnt factor in the runaway success of the iPhone 4S — and a 334% spike in iPad sales, due in no small part to the revamped iPad 2. Increased sales across the board explain why shares soared 75% during the companys fiscal year to $495.