10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
APPLE INC | |||
Ticker: AAPL Fiscal Year: 2009 | |||
Statement Of Income | |||
Period Ending Sept 26, 2009 10-K/A (Amendment Filed: Jan 25, 2010) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 26, 2009 | Sept 27, 2008 | Sept 29, 2007 | |
| Net sales | $ 42,905 | 37,491 | 24,578 |
| Cost of sales | 25,683 | 24,294 | 16,426 |
| Gross margin | 17,222 | 13,197 | 8,152 |
| Operating expenses: | |||
| Research and development | 1,333 | 1,109 | 782 |
| Selling, general and administrative | 4,149 | 3,761 | 2,963 |
| Total operating expenses | 5,482 | 4,870 | 3,745 |
| Operating income | 11,740 | 8,327 | 4,407 |
| Other income and expense | 326 | 620 | 599 |
| Income before provision for income taxes | 12,066 | 8,947 | 5,006 |
| Provision for income taxes | 3,831 | 2,828 | 1,511 |
| Net income | 8,235 | 6,119 | 3,495 |
| Earnings per common share: | |||
| Basic | 9.22 | 6.94 | 4.04 |
| Diluted | 9.08 | 6.78 | 3.93 |
| Shares used in computing earnings per share: | |||
| Basic | 893,016 | 881,592 | 864,595 |
| Diluted | 907,005 | 902,139 | 889,292 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
APPLE INC | |||
Ticker: AAPL Fiscal Year: 2009 | |||
Statement Of Cash Flows Indirect | |||
Period Ending Sept 26, 2009 10-K/A (Amendment Filed: Jan 25, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 26, 2009 | Sept 27, 2008 | Sept 29, 2007 | |
| Cash and cash equivalents, beginning of the year | $ 11,875 | 9,352 | |
| Operating Activities: | |||
| Net income | 8,235 | 6,119 | 3,495 |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
| Depreciation, amortization and accretion | 734 | 496 | 327 |
| Stock-based compensation expense | 710 | 516 | 242 |
| Deferred income tax expense | 1,040 | 398 | 73 |
| Loss on disposition of property, plant and equipment | 26 | 22 | 12 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable, net | (939) | (785) | (385) |
| Inventories | 54 | (163) | (76) |
| Other current assets | 749 | (274) | (1,279) |
| Other assets | (902) | 289 | 285 |
| Accounts payable | 92 | 596 | 1,494 |
| Deferred revenue | 521 | 718 | 566 |
| Other liabilities | (161) | 1,664 | 716 |
| Cash generated by operating activities | 10,159 | 9,596 | 5,470 |
| Investing Activities: | |||
| Purchases of marketable securities | (46,724) | (22,965) | (11,719) |
| Proceeds from maturities of marketable securities | 19,790 | 11,804 | 6,483 |
| Proceeds from sales of marketable securities | 10,888 | 4,439 | 2,941 |
| Purchases of other long-term investments | (101) | (38) | (17) |
| Payments made in connection with business acquisitions, net of cash acquired | 0 | (220) | 0 |
| Payment for acquisition of property, plant and equipment | (1,144) | (1,091) | (735) |
| Payment for acquisition of intangible assets | (69) | (108) | (251) |
| Other | (74) | (10) | 49 |
| Cash used in investing activities | (17,434) | (8,189) | (3,249) |
| Financing Activities: | |||
| Proceeds from issuance of common stock | 475 | 483 | 365 |
| Excess tax benefits from stock-based compensation | 270 | 757 | 377 |
| Cash used to net share settle equity awards | (82) | (124) | (3) |
| Cash generated by financing activities | 663 | 1,116 | 739 |
| (Decrease)/increase in cash and cash equivalents | (6,612) | 2,523 | 2,960 |
| Cash and cash equivalents, end of the year | 5,263 | 11,875 | 9,352 |
| Supplemental cash flow disclosures: | |||
| Cash paid for income taxes, net | 2,997 | 1,267 | 863 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
APPLE INC | ||
Ticker: AAPL Fiscal Year: 2009 | ||
Statement Of Financial Position Classified | ||
Period Ending Sept 26, 2009 10-K/A (Amendment Filed: Jan 25, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Sept 26, 2009 | Sept 27, 2008 | |
| ASSETS: | ||
| Current assets: | ||
| Cash and cash equivalents | $ 5,263 | 11,875 |
| Short-term marketable securities | 18,201 | 10,236 |
| Accounts receivable, less allowances of $52 and $47, respectively | 3,361 | 2,422 |
| Inventories | 455 | 509 |
| Deferred tax assets | 1,135 | 1,044 |
| Other current assets | 3,140 | 3,920 |
| Total current assets | 31,555 | 30,006 |
| Long-term marketable securities | 10,528 | 2,379 |
| Property, plant and equipment, net | 2,954 | 2,455 |
| Goodwill | 206 | 207 |
| Acquired intangible assets, net | 247 | 285 |
| Other assets | 2,011 | 839 |
| Total assets | 47,501 | 36,171 |
| LIABILITIES AND SHAREHOLDERS' EQUITY: | ||
| Current liabilities: | ||
| Accounts payable | 5,601 | 5,520 |
| Accrued expenses | 3,852 | 4,224 |
| Deferred revenue | 2,053 | 1,617 |
| Total current liabilities | 11,506 | 11,361 |
| Deferred revenue - non-current | 853 | 768 |
| Other non-current liabilities | 3,502 | 1,745 |
| Total liabilities | 15,861 | 13,874 |
| Commitments and contingencies | ||
| Shareholders' equity: | ||
| Common stock, no par value; 1,800,000,000 shares authorized; 899,805,500 and 888,325,973 shares issued and outstanding, respectively | 8,210 | 7,177 |
| Retained earnings | 23,353 | 15,129 |
| Accumulated other comprehensive income/(loss) | 77 | (9) |
| Total shareholders' equity | 31,640 | 22,297 |
| Total liabilities and shareholders' equity | 47,501 | 36,171 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
APPLE INC | |||
Ticker: AAPL Fiscal Year: 2009 | |||
Statement Of Income | |||
Period Ending Sept 26, 2009 10-K (Superseded Filed: Oct 27, 2009) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 26, 2009 | Sept 27, 2008 | Sept 29, 2007 | |
| Net sales | $ 36,537 | 32,479 | 24,006 |
| Cost of sales | 23,397 | 21,334 | 15,852 |
| Gross margin | 13,140 | 11,145 | 8,154 |
| Operating expenses: | |||
| Research and development | 1,333 | 1,109 | 782 |
| Selling, general and administrative | 4,149 | 3,761 | 2,963 |
| Total operating expenses | 5,482 | 4,870 | 3,745 |
| Operating income | 7,658 | 6,275 | 4,409 |
| Other income and expense | 326 | 620 | 599 |
| Income before provision for income taxes | 7,984 | 6,895 | 5,008 |
| Provision for income taxes | 2,280 | 2,061 | 1,512 |
| Net income | 5,704 | 4,834 | 3,496 |
| Earnings per common share: | |||
| Basic | 6.39 | 5.48 | 4.04 |
| Diluted | 6.29 | 5.36 | 3.93 |
| Shares used in computing earnings per share: | |||
| Basic | 893,016 | 881,592 | 864,595 |
| Diluted | 907,005 | 902,139 | 889,292 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
APPLE INC | |||
Ticker: AAPL Fiscal Year: 2009 | |||
Statement Of Cash Flows Indirect | |||
Period Ending Sept 26, 2009 10-K (Superseded Filed: Oct 27, 2009) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 26, 2009 | Sept 27, 2008 | Sept 29, 2007 | |
| Cash and cash equivalents, beginning of the year | $ 11,875 | 9,352 | |
| Operating Activities: | |||
| Net income | 5,704 | 4,834 | 3,496 |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
| Depreciation, amortization and accretion | 703 | 473 | 317 |
| Stock-based compensation expense | 710 | 516 | 242 |
| Deferred income tax (benefit)/expense | (519) | (368) | 78 |
| Loss on disposition of property, plant and equipment | 26 | 22 | 12 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable, net | (939) | (785) | (385) |
| Inventories | 54 | (163) | (76) |
| Other current assets | (1,050) | (1,958) | (1,540) |
| Other assets | (1,346) | (492) | 81 |
| Accounts payable | 92 | 596 | 1,494 |
| Deferred revenue | 6,908 | 5,642 | 1,139 |
| Other liabilities | (184) | 1,279 | 612 |
| Cash generated by operating activities | 10,159 | 9,596 | 5,470 |
| Investing Activities: | |||
| Purchases of marketable securities | (46,724) | (22,965) | (11,719) |
| Proceeds from maturities of marketable securities | 19,790 | 11,804 | 6,483 |
| Proceeds from sales of marketable securities | 10,888 | 4,439 | 2,941 |
| Purchases of other long-term investments | (101) | (38) | (17) |
| Payments made in connection with business acquisitions, net of cash acquired | 0 | (220) | 0 |
| Payment for acquisition of property, plant and equipment | (1,144) | (1,091) | (735) |
| Payment for acquisition of intangible assets | (69) | (108) | (251) |
| Other | (74) | (10) | 49 |
| Cash used in investing activities | (17,434) | (8,189) | (3,249) |
| Financing Activities: | |||
| Proceeds from issuance of common stock | 475 | 483 | 365 |
| Excess tax benefits from stock-based compensation | 270 | 757 | 377 |
| Cash used to net share settle equity awards | (82) | (124) | (3) |
| Cash generated by financing activities | 663 | 1,116 | 739 |
| (Decrease)/increase in cash and cash equivalents | (6,612) | 2,523 | 2,960 |
| Cash and cash equivalents, end of the year | 5,263 | 11,875 | 9,352 |
| Supplemental cash flow disclosures: | |||
| Cash paid for income taxes, net | 2,997 | 1,267 | 863 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
APPLE INC | ||
Ticker: AAPL Fiscal Year: 2009 | ||
Statement Of Financial Position Classified | ||
Period Ending Sept 26, 2009 10-K (Superseded Filed: Oct 27, 2009) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Sept 26, 2009 | Sept 27, 2008 | |
| ASSETS: | ||
| Current assets: | ||
| Cash and cash equivalents | $ 5,263 | 11,875 |
| Short-term marketable securities | 18,201 | 10,236 |
| Accounts receivable, less allowances of $52 and $47, respectively | 3,361 | 2,422 |
| Inventories | 455 | 509 |
| Deferred tax assets | 2,101 | 1,447 |
| Other current assets | 6,884 | 5,822 |
| Total current assets | 36,265 | 32,311 |
| Long-term marketable securities | 10,528 | 2,379 |
| Property, plant and equipment, net | 2,954 | 2,455 |
| Goodwill | 206 | 207 |
| Acquired intangible assets, net | 247 | 285 |
| Other assets | 3,651 | 1,935 |
| Total assets | 53,851 | 39,572 |
| LIABILITIES AND SHAREHOLDERS' EQUITY: | ||
| Current liabilities: | ||
| Accounts payable | 5,601 | 5,520 |
| Accrued expenses | 3,376 | 3,719 |
| Deferred revenue | 10,305 | 4,853 |
| Total current liabilities | 19,282 | 14,092 |
| Deferred revenue - non-current | 4,485 | 3,029 |
| Other non-current liabilities | 2,252 | 1,421 |
| Total liabilities | 26,019 | 18,542 |
| Commitments and contingencies | - | - |
| Shareholders' equity: | ||
| Common stock, no par value; 1,800,000,000 shares authorized; 899,805,500 and 888,325,973 shares issued and outstanding, respectively | 8,210 | 7,177 |
| Retained earnings | 19,538 | 13,845 |
| Accumulated other comprehensive income | 84 | 8 |
| Total shareholders' equity | 27,832 | 21,030 |
| Total liabilities and shareholders' equity | 53,851 | 39,572 |
| External Links | |
| APPLE INC (AAPL) Fiscal Year 2009 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |