Apple was founded in 1976 and is an American multinational technology company that specializes in consumer electronics, computer software, and online services. Some of Apple's best known products include the Macintosh computers, iPod, iPhone, and iPad. The document analyzes Apple's financial statements including the income statement, balance sheet, and key financial metrics like net profit, return on investment, return on assets, and earnings per share. It concludes that while Apple's current financial position and liquidity are satisfactory, its profitability is not due to decreases in gross and net profit, but notes room for improved overall efficiency.