Apple Inc. Financial Statements — AAPL Stock

Income Statement	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	42,905	65,225	108,249	156,508	170,910	182,795	233,715	215,639	229,234	265,595	260,174	274,515	365,817	394,328	383,285
+ Sales & Services Revenue	42,905	65,225	108,249	156,508	170,910	182,795	233,715	215,639	229,234	265,595	260,174	274,515	365,817	394,328	383,285
- Cost of Revenue	25,683	39,541	64,431	87,846	106,606	112,258	140,089	131,376	141,048	163,756	161,782	169,559	212,981	223,546	214,137
+ Cost of Goods & Services	25,683	39,541	64,431	87,846	106,606	112,258	140,089	131,376	141,048	163,756	161,782	169,559	212,981	223,546	214,137
Gross Profit	17,222	25,684	43,818	68,662	64,304	70,537	93,626	84,263	88,186	101,839	98,392	104,956	152,836	170,782	169,148
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	5,482	7,299	10,028	13,421	15,305	18,034	22,396	24,239	26,842	30,941	34,462	38,668	43,887	51,345	54,847
+ Selling, General & Admin	4,149	5,517	7,599	10,040	10,830	11,993	14,329	14,194	15,261	16,705	18,245	19,916	21,973	25,094	24,932
+ Research & Development	1,333	1,782	2,429	3,381	4,475	6,041	8,067	10,045	11,581	14,236	16,217	18,752	21,914	26,251	29,915
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	11,740	18,385	33,790	55,241	48,999	52,503	71,230	60,024	61,344	70,898	63,930	66,288	108,949	119,437	114,301
- Non-Operating (Income) Loss	-326	-155	-415	-522	-1,156	-980	-1,285	-1,348	-2,745	-2,005	-1,807	-803	-258	334	565
+ Interest Expense, Net	-407	-311	-519	-1,088	-1,480	-1,411	-2,188	-2,543	-2,878	-2,446	-1,385	-890	-198	106	183
+ Interest Expense	- -	- -	- -	- -	136	384	733	1,456	2,323	3,240	3,576	2,873	2,645	2,931	3,933
- Interest Income	407	311	519	1,088	1,616	1,795	2,921	3,999	5,201	5,686	4,961	3,763	2,843	2,825	3,750
+ Other Non-Op (Income) Loss	81	156	104	566	324	431	903	1,195	133	441	-422	87	-60	228	382
Pretax Income	12,066	18,540	34,205	55,763	50,155	53,483	72,515	61,372	64,089	72,903	65,737	67,091	109,207	119,103	113,736
- Income Tax Expense (Benefit)	3,831	4,527	8,283	14,030	13,118	13,973	19,121	15,685	15,738	13,372	10,481	9,680	14,527	19,300	16,741
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	8,235	14,013	25,922	41,733	37,037	39,510	53,394	45,687	48,351	59,531	55,256	57,411	94,680	99,803	96,995
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	8,235	14,013	25,922	41,733	37,037	39,510	53,394	45,687	48,351	59,531	55,256	57,411	94,680	99,803	96,995
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	8,235	14,013	25,922	41,733	37,037	39,510	53,394	45,687	48,351	59,531	55,256	57,411	94,680	99,803	96,995
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	8,235	14,013	25,922	41,733	37,037	39,510	53,394	45,687	48,351	59,531	55,256	57,411	94,680	99,803	96,995
Basic Weighted Avg Shares	25,004	25,465	25,879	26,175	25,909	24,342	23,014	21,883	20,869	19,822	18,471	17,352	16,701	16,216	15,744
Basic EPS, GAAP	0.33	0.55	1	1.59	1.43	1.62	2.32	2.09	2.32	3	2.99	3.31	5.67	6.15	6.16
Basic EPS from Cont Ops	0.33	0.55	1	1.59	1.43	1.62	2.32	2.09	2.32	3	2.99	3.31	5.67	6.15	6.16
Diluted Weighted Avg Shares	25,396	25,892	26,226	26,470	26,087	24,491	23,172	22,001	21,007	20,000	18,596	17,528	16,865	16,326	15,813
Diluted EPS, GAAP	0.32	0.54	0.99	1.58	1.42	1.61	2.3	2.08	2.3	2.98	2.97	3.28	5.61	6.11	6.13
Diluted EPS from Cont Ops	0.32	0.54	0.99	1.58	1.42	1.61	2.3	2.08	2.3	2.98	2.97	3.28	5.61	6.11	6.13
EBITDA	12,474	19,412	35,604	58,518	55,756	60,449	82,487	70,529	71,501	81,801	76,477	77,344	120,233	130,541	125,820
EBITDA Margin (%)	29.07	29.76	32.89	37.39	32.62	33.07	35.29	32.71	31.19	30.8	29.39	28.17	32.87	33.1	32.83
EBITA	11,740	18,385	33,790	55,241	48,999	52,503	71,230	60,024	61,344	70,898	63,930	66,288	108,949	119,437	114,301
EBIT	11,740	18,385	33,790	55,241	48,999	52,503	71,230	60,024	61,344	70,898	63,930	66,288	108,949	119,437	114,301
Gross Margin (%)	40.14	39.38	40.48	43.87	37.62	38.59	40.06	39.08	38.47	38.34	37.82	38.23	41.78	43.31	44.13
Operating Margin (%)	27.36	28.19	31.22	35.3	28.67	28.72	30.48	27.84	26.76	26.69	24.57	24.15	29.78	30.29	29.82
Profit Margin (%)	19.19	21.48	23.95	26.67	21.67	21.61	22.85	21.19	21.09	22.41	21.24	20.91	25.88	25.31	25.31
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	0.1	0.41	0.46	0.5	0.56	0.61	0.69	0.76	0.81	0.87	0.92	0.95
Depreciation Expense	734	1,027	1,814	3,277	6,757	7,946	11,257	10,505	10,157	10,903	12,547	11,056	11,284	11,104	11,519

Balance Sheet	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	31,555	41,678	44,988	57,653	73,286	68,531	89,378	106,869	128,645	131,339	162,819	143,713	134,836	135,405	143,566
+ Cash, Cash Equivalents & STI	23,464	25,620	25,952	29,129	40,546	25,077	41,601	67,155	74,181	66,301	100,557	90,943	62,639	48,304	61,555
+ Cash & Cash Equivalents	5,263	11,261	9,815	10,746	14,259	13,844	21,120	20,484	20,289	25,913	48,844	38,016	34,940	23,646	29,965
+ ST Investments	18,201	14,359	16,137	18,383	26,287	11,233	20,481	46,671	53,892	40,388	51,713	52,927	27,699	24,658	31,590
+ Accounts & Notes Receiv	5,057	9,924	11,717	18,692	20,641	27,219	30,343	29,299	35,673	48,995	45,804	37,445	51,506	60,932	60,985
+ Accounts Receivable, Net	3,361	5,510	5,369	10,930	13,102	17,460	16,849	15,754	17,874	23,186	22,926	16,120	26,278	28,184	29,508
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	1,696	4,414	6,348	7,762	7,539	9,759	13,494	13,545	17,799	25,809	22,878	21,325	25,228	32,748	31,477
+ Inventories	455	1,051	776	791	1,764	2,111	2,349	2,132	4,855	3,956	4,106	4,061	6,580	4,946	6,331
+ Raw Materials	- -	- -	- -	124	683	471	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	667	1,081	1,640	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	455	1,051	776	- -	- -	- -	2,349	2,132	4,855	3,956	4,106	4,061	6,580	4,946	6,331
+ Other ST Assets	2,579	5,083	6,543	9,041	10,335	14,124	15,085	8,283	13,936	12,087	12,352	11,264	14,111	21,223	14,695
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	15,946	33,505	71,383	118,411	133,714	163,308	200,967	214,817	246,674	234,386	175,697	180,175	216,166	217,350	209,017
+ Property, Plant & Equip, Net	2,954	4,768	7,777	15,452	16,597	20,624	22,471	27,010	33,783	41,304	37,378	45,336	49,527	52,534	54,376
+ Property, Plant & Equip	4,667	7,234	11,768	21,887	28,519	39,015	49,257	61,245	75,076	90,403	95,957	112,096	119,810	124,874	125,260
- Accumulated Depreciation	1,713	2,466	3,991	6,435	11,922	18,391	26,786	34,235	41,293	49,099	58,579	66,760	70,283	72,340	70,884
+ LT Investments & Receivables	10,528	25,391	55,618	92,122	106,215	130,162	164,065	170,430	194,714	170,799	105,341	100,887	127,877	120,805	100,544
+ LT Investments	10,528	25,391	55,618	92,122	106,215	130,162	164,065	170,430	194,714	170,799	105,341	100,887	127,877	120,805	100,544
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	2,464	3,346	7,988	10,837	10,902	12,522	14,431	17,377	18,177	22,283	32,978	33,952	38,762	44,011	54,097
+ Total Intangible Assets	453	1,083	4,432	5,359	5,756	8,758	9,009	8,620	8,015	- -	- -	- -	- -	- -	- -
+ Goodwill	206	741	896	1,135	1,577	4,616	5,116	5,414	5,717	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	247	342	3,536	4,224	4,179	4,142	3,893	3,206	2,298	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	2,011	2,263	3,556	5,478	5,146	3,764	5,422	8,757	10,162	22,283	32,978	33,952	38,762	44,011	54,097
Total Assets	47,501	75,183	116,371	176,064	207,000	231,839	290,345	321,686	375,319	365,725	338,516	323,888	351,002	352,755	352,583
+ Payables & Accruals	6,967	13,382	17,610	25,258	27,825	48,649	60,671	59,321	44,242	55,888	46,236	42,296	54,763	70,667	71,430

Apple Inc.

Income Statement

Balance Sheet