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ANNUAL REPORT BSURAJb COTTON MILLS LIMITED Form

ANNUAL REPORT BSURAJb COTTON MILLS LIMITED Form

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the first line from Apple's annual report says the company designs manufactures and markets smartphones personal computers tablets wearables and accessories and sells a variety of related Services the company's fiscal year is the 52nd or 53rd week period that ends on the last Saturday of September for instance look at the listing of products now the reason why Apple says smartphone and then computers and then tablets is because the sales of iPhones is higher than the Mac which itself is higher than iPads and so on the second sentence is also important because 53-52 means one additional week in a year which means a 52-week versus 53-week year can be a two percent difference in revenue and profits which is huge for a company that's growing at 10 a year the model of the story is if you aren't reading balance sheets you are missing out on tons of important information

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