10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

APPLE INC

Ticker: AAPL   Fiscal Year: 2020

CONSOLIDATED STATEMENTS OF OPERATIONS

Period Ending Sept 26, 2020 10-K (Filed: Oct 30, 2020)

(In Millions, except shares in Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Sept 26, 2020Sept 28, 2019Sept 29, 2018
Net sales
$
274,515
260,174265,595
Cost of sales169,559161,782163,756
Gross margin104,95698,392101,839
 
Operating expenses:
Research and development18,75216,21714,236
Selling, general and administrative19,91618,24516,705
Total operating expenses38,66834,46230,941
 
Operating income66,28863,93070,898
 
Other income/(expense), net8031,8072,005
Income before provision for income taxes67,09165,73772,903
 
Provision for income taxes9,68010,48113,372
Net income57,41155,25659,531
 
Earnings per share:
Basic (in dollars per share)3.312.993.00
Diluted (in dollars per share)3.282.972.98
Shares used in computing earnings per share:
Basic (in shares)17,352,11918,471,33619,821,510
Diluted (in shares)17,528,21418,595,65120,000,435
Product and Service
Products
Net sales220,747213,883225,847
Cost of sales151,286144,996148,164
Services
Net sales53,76846,29139,748
Cost of sales18,27316,78615,592
External Links 
APPLE INC (AAPL) Fiscal Year 2020
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