Editing Apple Inc. (section)

=== Financial Dominance   ===
Apple’s financial performance in 2011 was exceptional, with key metrics highlighting its dominance. The company reported a quarterly revenue of $28.27 billion in Q4 <ref>{{cite web |url=https://www.macstories.net/news/apple-q4-2011-results-28-27-billion-revenue-17-07-million-iphones-11-12-million-ipads-4-89-million-macs-sold/ |quote=Apple's quarterly revenue for Q4 2011 was $28.27 billion. }}</ref>, driven by strong sales of the iPhone 4S, iPad 2, and Mac computers. The iPhone alone accounted for 40% of Apple’s annual revenue <ref>{{cite web |url=https://www.investing.com/academy/statistics/apple-facts/ |quote=By 2011, the Apple iPhone accounted for 40% of the company’s annual revenue. }}</ref>, underscoring its pivotal role. Profitability was equally impressive, with a net income of $6.62 billion in Q4 <ref>{{cite web |url=https://www.apple.com/newsroom/2011/10/18Apple-Reports-Fourth-Quarter-Results/ |quote=Apple's quarterly net profit for Q4 2011 was $6.62 billion. }}</ref> and a gross margin of 40.3%. Market share growth was another standout achievement, as Apple’s U.S. smartphone sales surged from 26% in Q3 to 43% in October and November 2011 <ref>{{cite web |url=https://appleinsider.com/articles/12/01/10/apples_iphone_4s_propels_ios_smartphone_market_share_to_43_in_oct_nov_2011 |quote=Apple's share of U.S. smartphone sales grew from 26% in Q3 2011 to 43% in October and November 2011. }}</ref>, largely due to the iPhone 4S launch. Operational efficiency was evident in Apple’s inventory turnover of 33.82 for the fiscal year, reflecting its streamlined supply chain management. Despite the loss of Steve Jobs, Apple’s financial resilience remained intact, demonstrating its strong operational foundation and market leadership.