Apple Inc.

10-K & 10-Q Filings

Apple Inc. is a technology company that designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories, and sells various related services. The company's business strategy includes expanding market opportunities in smartphones, personal computers, tablets, wearables, and accessories, as well as services. Apple's reportable segments include Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The company sells its products and services to various markets, including consumer, small and mid-sized businesses, education, enterprise, and government, through direct and indirect distribution channels. The company faces significant competition in these markets from companies with established offerings and larger installed bases, as well as competitors that offer lower-priced products and collaborate to offer more competitive solutions. Apple's website is www.apple.com, and its ticker symbol is AAPL.

12 mos ending Sep 29, 201212 mos ending Sep 28, 201312 mos ending Sep 27, 201412 mos ending Sep 26, 201512 mos ending Sep 24, 201612 mos ending Sep 30, 201712 mos ending Sep 29, 201812 mos ending Sep 28, 201912 mos ending Sep 26, 202012 mos ending Sep 25, 202112 mos ending Sep 24, 202212 mos ending Sep 30, 20236 mos ending Apr 01, 20236 mos ending Mar 30, 2024CAGR %YoY %Revenue (+)
$156508.00
170910.00
182795.00
233715.00
215639.00
229234.00
265595.00
260174.00
274515.00
365817.00
394328.00
383285.00
211990.00
210328.00
8.48%-0.78%Cost of Revenue (-)
$87846.00
106606.00
112258.00
140089.00
131376.00
141048.00
163756.00
161782.00
169559.00
212981.00
223546.00
214137.00
119682.00
113202.00
8.44%-5.41%Gross Profit (+)
$68662.00
64304.00
70537.00
93626.00
84263.00
88186.00
101839.00
98392.00
104956.00
152836.00
170782.00
169148.00
92308.00
97126.00
8.54%5.22%Selling, General & Administrative (-)
$10040.00
10830.00
11993.00
14329.00
14194.00
15261.00
16705.00
18245.00
19916.00
21973.00
25094.00
24932.00
12808.00
13254.00
8.62%3.48%Research & Development (-)
$3381.00
4475.00
6041.00
8067.00
10045.00
11581.00
14236.00
16217.00
18752.00
21914.00
26251.00
29915.00
15166.00
15599.00
21.92%2.86%Operating Expenses (-)
$13421.00
15305.00
18034.00
22396.00
24239.00
26842.00
30941.00
34462.00
38668.00
43887.00
51345.00
54847.00
27974.00
28853.00
13.65%3.14%Costs & Expenses (Total) (-)
$101267.00
121911.00
130292.00
162485.00
155615.00
167890.00
194697.00
196244.00
208227.00
256868.00
274891.00
268984.00
147656.00
142055.00
9.29%-3.79%Operating Income/Loss (+)
$55241.00
48999.00
52503.00
71230.00
60024.00
61344.00
70898.00
63930.00
66288.00
108949.00
119437.00
114301.00
64334.00
68273.00
6.83%6.12%Non-operating Income/Expense (+)
$522.00
1156.00
980.00
1285.00
1348.00
2745.00
2005.00
1807.00
803.00
258.00
-334.00
-565.00
-329.00
108.00
132.83%Earnings before Tax (+)
$55763.00
50155.00
53483.00
72515.00
61372.00
64089.00
72903.00
65737.00
67091.00
109207.00
119103.00
113736.00
64005.00
68381.00
6.69%6.84%Tax Expense (-)
$14030.00
13118.00
13973.00
19121.00
15685.00
15738.00
13372.00
10481.00
9680.00
14527.00
19300.00
16741.00
9847.00
10829.00
1.62%9.97%Income/Loss (Continuing Operations) (+)
$41733.00
37037.00
39510.00
53394.00
45687.00
48351.00
59531.00
55256.00
57411.00
94680.00
99803.00
96995.00
54158.00
57552.00
7.97%6.27%Net Income/Loss (+)
$41733.00
37037.00
39510.00
53394.00
45687.00
48351.00
59531.00
55256.00
57411.00
94680.00
99803.00
96995.00
54158.00
57552.00
7.97%6.27%Net Income/Loss (Common) (+)
$41733.00
37037.00
39510.00
53394.00
45687.00
48351.00
59531.00
55256.00
57411.00
94680.00
99803.00
96995.00
54158.00
57552.00
7.97%6.27%EPS (Basic)
$44.64
40.03
6.49
9.28
8.35
9.27
12.01
11.97
3.31
5.67
6.15
6.16
3.42
3.72
-16.48%8.77%EPS (Diluted)
$44.15
39.75
6.45
9.22
8.31
9.21
11.91
11.89
3.28
5.61
6.11
6.13
3.41
3.71
-16.43%8.80%Weighted Avg Shares (Basic)
934.82
925.33
6085.57
5753.42
5470.82
5217.24
4955.38
4617.83
17352.12
16701.27
16215.96
15744.23
15839.94
15457.81
29.27%-2.41%Weighted Avg Shares (Diluted)
945.36
931.66
6122.66
5793.07
5500.28
5251.69
5000.11
4648.91
17528.21
16864.92
16325.82
15812.55
15901.38
15520.67
29.19%-2.39%Cash
$10746.00
14259.00
13844.00
21120.00
20484.00
20289.00
25913.00
48844.00
38016.00
34940.00
23646.00
29965.00
24687.00
32695.00
9.77%32.44%Short-term Investments
$18383.00
26287.00
11233.00
20481.00
46671.00
53892.00
40388.00
51713.00
52927.00
27699.00
24658.00
31590.00
31185.00
34455.00
5.05%10.49%Receivables
$10930.00
13102.00
17460.00
16849.00
15754.00
17874.00
23186.00
22926.00
37445.00
51506.00
60932.00
60985.00
17963.00
41150.00
16.92%129.08%Inventory
$791.00
1764.00
2111.00
2349.00
2132.00
4855.00
3956.00
4106.00
4061.00
6580.00
4946.00
6331.00
7482.00
6232.00
20.81%-16.71%Other Assets (Current)
$16803.00
17874.00
23883.00
28579.00
21828.00
31735.00
37896.00
35230.00
11264.00
14111.00
21223.00
14695.00
31596.00
13884.00
-1.21%-56.06%Assets (Current)
$57653.00
73286.00
68531.00
89378.00
106869.00
128645.00
131339.00
162819.00
143713.00
134836.00
135405.00
143566.00
112913.00
128416.00
8.65%13.73%Securities & Long-term Investments
$92122.00
106215.00
130162.00
164065.00
170430.00
194714.00
105341.00
100887.00
127877.00
120805.00
100544.00
110461.00
95187.00
0.80%-13.83%Property, Plant & Equipment (Net)
$15452.00
16597.00
20624.00
22471.00
27010.00
33783.00
41304.00
37378.00
36766.00
39440.00
42117.00
43715.00
43398.00
43546.00
9.92%0.34%Goodwill & Intangibles
$5359.00
5756.00
8758.00
9009.00
8620.00
8015.00
Other Assets
$5478.00
5146.00
3764.00
5556.00
8757.00
10162.00
193082.00
32978.00
42522.00
48849.00
54428.00
64758.00
65388.00
70262.00
25.17%7.45%Assets (Non-current)
$118411.00
133714.00
163308.00
201101.00
214817.00
246674.00
234386.00
175697.00
180175.00
216166.00
217350.00
209017.00
219247.00
208995.00
5.30%-4.68%Assets (Total)
$176064.00
207000.00
231839.00
290479.00
321686.00
375319.00
365725.00
338516.00
323888.00
351002.00
352755.00
352583.00
332160.00
337411.00
6.52%1.58%Accounts Payable
$32589.00
36223.00
48649.00
60671.00
59321.00
74793.00
55888.00
46236.00
42296.00
54763.00
64115.00
62611.00
42945.00
45753.00
6.12%6.54%Debt (Current)
$
6308.00
10999.00
11600.00
18473.00
20748.00
16240.00
13769.00
15613.00
21110.00
15807.00
12574.00
12759.00
1.47%Other Liabilities (Current)
$5953.00
7435.00
8491.00
8940.00
8080.00
7548.00
40230.00
43242.00
49327.00
55105.00
68757.00
66890.00
64556.00
65310.00
24.60%1.17%Liabilities (Current)
$38542.00
43658.00
63448.00
80610.00
79006.00
100814.00
116866.00
105718.00
105392.00
125481.00
153982.00
145308.00
120075.00
123822.00
12.82%3.12%Debt (Non-current)
$
16960.00
28987.00
53463.00
75427.00
97207.00
93735.00
91807.00
98667.00
109106.00
98959.00
95281.00
97041.00
91831.00
-5.37%Other Liabilities
$19312.00
22833.00
27857.00
37051.00
39004.00
43251.00
47977.00
50503.00
54490.00
53325.00
49142.00
49848.00
52886.00
47564.00
9.00%-10.06%Liabilities (Non-current)
$19312.00
39793.00
56844.00
90514.00
114431.00
140458.00
141712.00
142310.00
153157.00
162431.00
148101.00
145129.00
149927.00
139395.00
20.12%-7.02%Liabilities (Total)
$57854.00
83451.00
120292.00
171124.00
193437.00
241272.00
258578.00
248028.00
258549.00
287912.00
302083.00
290437.00
270002.00
263217.00
15.80%-2.51%Retained Earnings
$101289.00
104256.00
87152.00
92284.00
96364.00
98330.00
70400.00
45898.00
14966.00
5562.00
-3068.00
-214.00
4336.00
4339.00
0.07%AOCI
$499.00
-471.00
1082.00
-345.00
634.00
-150.00
-3454.00
-584.00
-406.00
163.00
-11109.00
-11452.00
-11746.00
-8960.00
23.72%Shareholder's Equity
$118210.00
123549.00
111547.00
119355.00
128249.00
134047.00
107147.00
90488.00
65339.00
63090.00
50672.00
62146.00
62158.00
74194.00
-5.68%19.36%Liabilities & Equity
$176064.00
207000.00
231839.00
290479.00
321686.00
375319.00
365725.00
338516.00
323888.00
351002.00
352755.00
352583.00
332160.00
337411.00
6.52%1.58%Net Income/Loss
$41733.00
37037.00
39510.00
53394.00
45687.00
48351.00
59531.00
55256.00
57411.00
94680.00
99803.00
96995.00
54158.00
57552.00
7.97%6.27%Depreciation & Amortization
$3277.00
6757.00
7946.00
11257.00
10505.00
10157.00
10903.00
12547.00
11056.00
11284.00
11104.00
11519.00
5814.00
5684.00
12.11%-2.24%Increase/Decrease in Working Capital
$299.00
-6478.00
-7047.00
-11647.00
-484.00
5550.00
-34694.00
3488.00
-5690.00
4911.00
-1200.00
6577.00
1266.00
4641.00
32.44%266.59%Share-based Compensation
$1740.00
2253.00
2863.00
3586.00
4210.00
4840.00
5340.00
6068.00
6829.00
7906.00
9038.00
10833.00
5591.00
5961.00
18.09%6.62%Adjustments to Reconcile Net Income
$9123.00
16629.00
20203.00
27872.00
20137.00
15247.00
17903.00
14135.00
23263.00
9358.00
22348.00
13548.00
8407.00
5033.00
3.66%-40.13%Net Cash (Operating)
$50856.00
53666.00
59713.00
81266.00
65824.00
63598.00
77434.00
69391.00
80674.00
104038.00
122151.00
110543.00
62565.00
62585.00
7.31%0.03%Capital Expenditure
$9752.00
9572.00
13578.00
11831.00
13845.00
13124.00
14034.00
11119.00
8833.00
11118.00
11014.00
10959.00
6703.00
4388.00
1.07%-34.54%Net Cash (Investing)
$-48227.00
-33774.00
-22579.00
-56274.00
-45977.00
-46446.00
16066.00
45896.00
-4289.00
-14545.00
-22354.00
3705.00
874.00
1617.00
85.01%Increase/Decrease in Debt
$
16896.00
18266.00
29305.00
22057.00
29014.00
432.00
-7819.00
2499.00
12665.00
-123.00
-9901.00
-11611.00
-7132.00
38.58%Increase/Decrease in Equity
$665.00
-22330.00
-44270.00
-34710.00
-29227.00
-32345.00
-72069.00
-66116.00
-71478.00
-84866.00
-89402.00
-77550.00
-39069.00
-43344.00
-10.94%Interest Expenses
$
339.00
514.00
1316.00
2092.00
3022.00
3423.00
3002.00
2687.00
2865.00
3803.00
1873.00
Dividends Paid
$
12769.00
13712.00
14119.00
14081.00
14467.00
14841.00
15025.00
7418.00
7535.00
1.58%Net Cash (Financing)
$-1698.00
-16379.00
-37549.00
-17716.00
-20483.00
-17347.00
-87876.00
-90976.00
-86820.00
-93353.00
-110749.00
-108488.00
-61287.00
-61018.00
0.44%Cash Taxes Paid
$7682.00
9128.00
10026.00
13252.00
10444.00
11591.00
10417.00
15263.00
9501.00
25385.00
19573.00
18679.00
4894.00
14531.00
8.41%196.91%Increase/Decrease in Cash
$931.00
3513.00
-415.00
7276.00
-636.00
-195.00
5624.00
24311.00
-10435.00
-3860.00
-10952.00
5760.00
2152.00
3184.00
18.02%47.96%Cash (Beginning)
$9815.00
10746.00
14259.00
13844.00
21120.00
20484.00
20289.00
25913.00
50224.00
39789.00
35929.00
24977.00
24977.00
30737.00
8.86%23.06%Cash (Ending)
$10746.00
14259.00
13844.00
21120.00
20484.00
20289.00
25913.00
50224.00
39789.00
35929.00
24977.00
30737.00
27129.00
33921.00
10.03%25.04%NOPAT
$47630.91
40081.39
42660.71
58212.83
49809.40
50249.45
60767.49
49086.55
56900.72
83623.97
99809.11
95529.21
59414.84
53764.95
6.53%-9.51%Gross Margin %
43.87%
37.62%
38.59%
40.06%
39.08%
38.47%
38.34%
37.82%
38.23%
41.78%
43.31%
44.13%
43.54%
46.18%
Operating Margin %
35.30%
28.67%
28.72%
30.48%
27.84%
26.76%
26.69%
24.57%
24.15%
29.78%
30.29%
29.82%
30.35%
32.46%
NOPAT Margin %
30.43%
23.45%
23.34%
24.91%
23.10%
21.92%
22.88%
18.87%
20.73%
22.86%
25.31%
24.92%
28.03%
25.56%
Net Margin %
26.67%
21.67%
21.61%
22.85%
21.19%
21.09%
22.41%
21.24%
20.91%
25.88%
25.31%
25.31%
25.55%
27.36%
Tax Rate %
13.78%
18.20%
18.75%
18.27%
17.02%
18.09%
14.29%
23.22%
14.16%
23.24%
16.43%
16.42%
7.65%
21.25%
ROA
27.05%
19.36%
18.40%
20.04%
15.48%
13.39%
16.62%
14.50%
17.57%
23.82%
28.29%
27.09%
17.89%
15.93%
ROE
40.29%
32.44%
38.24%
48.77%
38.84%
37.49%
56.71%
54.25%
87.09%
132.55%
196.97%
153.72%
95.59%
72.47%
ROIC
617.58%
347.40%
430.81%
874.46%
468.18%
804.12%
331.05%
217.48%
146.79%
166.75%
301.11%
212.57%
400.94%
160.24%
Asset Turnover
0.89
0.83
0.79
0.80
0.67
0.61
0.73
0.77
0.85
1.04
1.12
1.09
0.64
0.62
Inventory Turnover
111.06
60.43
53.18
59.64
61.62
29.05
41.39
39.40
41.75
32.37
45.20
33.82
16.00
18.16
Equity Multiplier
1.49
1.68
2.08
2.43
2.51
2.80
3.41
3.74
4.96
5.56
6.96
5.67
5.34
4.55
Current Ratio
1.50
1.68
1.08
1.11
1.35
1.28
1.12
1.54
1.36
1.07
0.88
0.99
0.94
1.04
Quick Ratio
1.04
1.23
0.67
0.73
1.05
0.91
0.77
1.17
1.22
0.91
0.71
0.84
0.61
0.87
Debt/Equity Ratio
0.14
0.32
0.54
0.68
0.86
1.07
1.19
1.72
1.98
2.37
1.79
1.76
1.41
Interest Coverage Ratio
154.88
138.58
45.61
29.32
23.46
18.68
22.08
40.55
41.69
30.06
34.35
Working Capital/Sales
-0.08
-0.06
-0.11
-0.11
-0.12
-0.16
-0.09
-0.06
0.01
0.03
-0.02
0.00
-0.13
-0.05
R&D/Sales
0.02
0.03
0.03
0.03
0.05
0.05
0.05
0.06
0.07
0.06
0.07
0.08
0.07
0.07
Dividend Payout Ratio %
25.41%
22.56%
28.76%
24.75%
17.30%
14.87%
15.73%
12.49%
14.01%
Total Payout
$-665.00
5434.00
26343.00
5919.00
8486.00
18192.00
88371.00
91477.00
86062.00
89355.00
107231.00
106279.00
59971.00
58011.00
-3.27%Payout Ratio %
-1.40%
13.56%
61.75%
10.17%
17.04%
36.20%
145.42%
186.36%
151.25%
106.85%
107.44%
111.25%
100.94%
107.90%