Apple Inc

Income Statement

Fiscal year ends in September

Statement Type : Annual
Data Type : As of Reported
Period : 5 Years
Report Dates : Ascending

USD in millions except per share 2012-09 2013-09 2014-09 2015-09 2016-09 TTM
data.
Revenue 156,508 170,910 182,795 233,715 215,639 218,118
Cost of revenue 87,846 106,606 112,258 140,089 131,376 134,102
Gross profit 68,662 64,304 70,537 93,626 84,263 84,016
Operating expenses
Research and development 3,381 4,475 6,041 8,067 10,045 10,512
Sales, General and 10,040 10,830 11,993 14,329 14,194 14,292
administrative
Total operating expenses 13,421 15,305 18,034 22,396 24,239 24,804

Operating income 55,241 48,999 52,503 71,230 60,024 59,212

Interest Expense - 136 384 733 1,456 1,705

Other income (expense) 522 1,292 1,364 2,018 2,804 3,472
Income before taxes 55,763 50,155 53,483 72,515 61,372 60,979

Provision for income taxes 14,030 13,118 13,973 19,121 15,685 15,762
Net income from continuing 41,733 37,037 39,510 53,394 45,687 45,217
operations

Net income 41,733 37,037 39,510 53,394 45,687 45,217

Net income available to common 41,733 37,37 39,510 53,394 45,687 45,217
shareholders

Earnings per share

Basic 6.38 5.72 6.49 9.28 8.35 8.43
Diluted 6.31 5.68 6.45 9.22 8.31 8.39
Weighted average shares outstanding
Basic 6,544 6,477 6,086 5,753 5,471 5,406
Diluted 6,617 6,522 6,123 5,793 5,500 5,434

EBITDA 58,518 57,048 61,813 84,505 73,333 73,222