Sweden's Sandvik (6.6, SDVKY) fell 70% in the bear market as the recession whacked sales of its metal-cutting, mining and construction tools as well as specialty alloys based on titanium and zirconium, used in thousands of applications like boiler tubes and flanges.

FORBES: Blink And You'll Miss It

At the conference Tuesday, Mr. Cook played down concerns over iPhone market-share growth, instead stressing that the smartphone market continues to expand and customer desire to upgrade frequently will drive sales as well.

WSJ: Apple Calls Proxy Fight a 'Silly Sideshow'

For the year, its TV sales were down 38 percent, reflecting the same drop in the market reported by competitors like Samsung and LG, as well as Sony's cutbacks to reduce its losses.

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