Editing Apple Inc. (section)

=== Financial Performance: A Year of Record-Breaking Growth   ===
Apple’s financial results in 2010 were a testament to its operational efficiency and innovative prowess. The company reported a remarkable first-quarter revenue of $15.68 billion<ref>{{cite web |url=https://www.apple.com/newsroom/2010/01/25Apple-Reports-First-Quarter-Results/ |quote=Apple's revenue for the fiscal 2010 first quarter was $15.68 billion. }}</ref>, with a net profit of $3.38 billion<ref>{{cite web |url=https://www.apple.com/newsroom/2010/01/25Apple-Reports-First-Quarter-Results/ |quote=Apple's net quarterly profit for the fiscal 2010 first quarter was $3.38 billion. }}</ref>, followed by an even stronger fourth-quarter revenue of $20.34 billion<ref>{{cite web |url=https://www.apple.com/newsroom/2010/10/18Apple-Reports-Fourth-Quarter-Results/ |quote=Apple's revenue for the fiscal 2010 fourth quarter was $20.34 billion. }}</ref> and a net profit of $4.31 billion<ref>{{cite web |url=https://www.apple.com/newsroom/2010/10/18Apple-Reports-Fourth-Quarter-Results/ |quote=Apple's net quarterly profit for the fiscal 2010 fourth quarter was $4.31 billion. }}</ref>. For the fiscal year, Apple achieved a staggering $14 billion in profit<ref>{{cite web |url=https://www.macworld.com/article/209585/applefin.html |quote=Apple made $14 billion in profit in fiscal 2010. }}</ref>, underscoring its robust profitability. Key drivers of this success included:  
* '''Just-in-time inventory management'''<ref>{{cite web |url=https://www.mikepcyr.com/blog/operational-excellence-the-apple-inc-model-unveiled |quote=Apple employs Just-In-Time (JIT) inventory management to keep its inventory lean, minimizing carrying costs and reducing waste. }}</ref>, which minimised costs and ensured timely product delivery.  
* '''Precise demand forecasting'''<ref>{{cite web |url=https://www.mikepcyr.com/blog/operational-excellence-the-apple-inc-model-unveiled |quote=Accurate demand forecasting is vital in Apple's supply chain. }}</ref>, which allowed Apple to align production with market needs.  

The launch of the iPad in January 2010<ref>{{cite web |url=https://www.apple.com/newsroom/2010/01/27Apple-Launches-iPad/ |quote=Apple launched the iPad on January 27, 2010. }}</ref> was a game-changer, with over three million units sold in the first three months alone<ref>{{cite web |url=https://www.statista.com/topics/847/apple/ |quote=Apple sold over three million iPads in the first three months of its launch in 2010. }}</ref>. This revolutionary device not only dominated the tablet market<ref>{{cite web |url=https://appleinsider.com/articles/18/10/08/after-8-years-idc-admits-apples-ipad-is-leading-the-tablet-market-unabated |quote=Apple's iPad has been leading the tablet market since its introduction in 2010. }}</ref> but also reshaped consumer behaviour, reducing PC sales by 11 million in 2011. Apple’s ability to innovate and execute with precision, coupled with its efficient supply chain practices, solidified its financial growth and market leadership in 2010.