ives, scanners, modems and monitors (both color and monochrome).
Recognizing that open architecture, where users have the option of running a variety of operating systems, is the way of the future, Apple, IBM and Motorola agreed on a new common hardware platform for the Power PC microprocessor in 1994; this platform will allow users the option of choosing which operating system to run. Currently, the Apple operating system choices consist of the proprietary Macintosh system (System 7.5) and A/UX (which is Apple's version of Unix). Application software is developed and marketed by Claris Corporation, a wholly owned subsidiary of Apple.
Balance sheet provide a "snapshot" of a company's position at a particular point in time. By comparing balance sheets over a period of years (each for the same date, generally the company's fiscal year-end), it is possible to determine a company's strengths and weaknesses, at least from a financial standpoint. Such analysis can help identify areas where the company may be facing problems (such as an increase in inventory carrying costs), or show where the company is improving (such as a downturn in its accounts receivable figures). The following balance sheet information is for the fiscal year-end for each of the years listed; Apple's fiscal year ends September 30 (note that some items in the following financial statements have been omitted in the interest of space).
The company's current problems began to be evident in 1993 and 1994, when there was only a slight increase in some of
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