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Google's net income has grown while Apple's has declined. Net income growth
for Apple and Google contrast heavily; Google posted net income growth of 32.7%
from 9.736 billion (2011) to $12.92 billion (2013) (NASDAQ, 2014b). In contrast,
Apple's net income has declined by -5.32% from $41.73 billion to $39.51 billion
(NASDAQ, 2014a). While Google's growth has been robust due to its increased ad
revenue, Apple's decline shows signs of inefficiency at generating income. This
inefficiency is possibly due to an 8% decline sales of iPads (Villapaz, 2014). w019
7
Google has been eyneriencing ton line mouth
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FIN 423 SDSU Dozier Industries Foreign Exchange Risk and Hedging Case Study
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