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Apple's Fiscal 2008 Results Show Significant Year-Over-Year Growth

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On Wednesday, Apple released its annual 10-K reports which detailed revenue and spending for fiscal 2008. eWeek has kindly organized the information into a number of charts, including this one showing Apple's revenue growth over 2007:

154932 fy08rev

Other graphs show growth in both Apple's desktops and portables by 37-38%. Even greater levels of growth can be seen across international markets as well. The results should come as no great surprise, as Apple has been reporting record breaking quarterly results throughout the year.

Apple's research and development costs have increased proportionally to their revenue and remains about 3.4% of net sales at $1.1 billion in 2008.