Writer’s Choice. 1. From its peak in September 2012 to the end of March 2013, Apple’s stock price fell by
37%, from $702.10 to $442.66. Examine ONLY the financial reports (in the appendices)
and identify areas that were responsible for this stock performance.
2. State the amount of cash holdings Apple reported in their 2020 annual report (10-k)1 and
state Apple’s plan to disburse cash holdings for 2020 and beyond.