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Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In millions, except number of shares which are reflected in thousands and per share amounts)  Three Months Ended  Nine Months Ended  June 25, 2022  June 26, 2021  June 25, 2022  June 26, 2021 Net sales:           Products /dollarsign 63,355   /dollarsign 63,948   /dollarsign 245,241   /dollarsign 232,309     Services  19,604    17,486    58,941    50,148  Total  net  sal es (1)  82,959    81,434    304,182    282,457  Cost of sales:           Products  41,485    40,899    155,084    149,476     Services  5,589    5,280    16,411    15,319  Total  cost  of  sal es  47,074    46,179    171,495    164,795  Gross margin  35,885    35,255    132,687    117,662          Operating expenses:        Research and development  6,797    5,717    19,490    16,142  Selling, general and administrative  6,012    5,412    18,654    16,357  Total  operat i ng expenses  12,809    11,129    38,144    32,499          Operating income  23,076    24,126    94,543    85,163  Other income/(expense), net  (10)   243    (97)   796  Income before provision for income taxes  23,066    24,369    94,446    85,959  Provision for income taxes  3,624    2,625    15,364    11,830  Net income /dollarsign 19,442   /dollarsign 21,744   /dollarsign 79,082   /dollarsign 74,129          Earnings per share:        Basic /dollarsign 1.20   /dollarsign 1.31   /dollarsign 4.86   /dollarsign 4.42  Diluted /dollarsign 1.20   /dollarsign 1.30   /dollarsign 4.82   /dollarsign 4.38  Shares used in computing earnings per share:        Basic  16,162,945    16,629,371    16,277,824    16,772,656  Diluted  16,262,203    16,781,735    16,394,937    16,941,527          (1) Net sales by reportable segment:        Americas /dollarsign 37,472   /dollarsign 35,870   /dollarsign 129,850   /dollarsign 116,486  Europe  19,287    18,943    72,323    68,513  Greater China  14,604    14,762    58,730    53,803  Japan  5,446    6,464    20,277    22,491  Rest of Asia Pacific  6,150    5,395    23,002    21,164  Total  net  sal es /dollarsign 82,959   /dollarsign 81,434   /dollarsign 304,182   /dollarsign 282,457          (1) Net sales by category:        iPhone /dollarsign 40,665   /dollarsign 39,570   /dollarsign 162,863   /dollarsign 153,105  Mac  7,382    8,235    28,669    26,012  iPad  7,224    7,368    22,118    23,610  Wearables, Home and Accessories  8,084    8,775    31,591    29,582  Services  19,604    17,486    58,941    50,148  Total  net  sal es /dollarsign 82,959   /dollarsign 81,434   /dollarsign 304,182   /dollarsign 282,457   

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Apple Inc. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except number of shares which are reflected in thousands and par value)   June 25, 2022  September 25, 2021 ASSETS: Current assets:    Cash and cash equivalents /dollarsign 27,502   /dollarsign 34,940  Marketable securities  20,729    27,699  Accounts receivable, net  21,803    26,278  Inventories  5,433    6,580  Vendor non-trade receivables  20,439    25,228  Other current assets  16,386    14,111  Total  cur rent  assets  112,292    134,836      Non-current assets:    Marketable securities  131,077    127,877  Property, plant and equipment, net  40,335    39,440  Other non-current assets  52,605    48,849  Total  non-current assets  224,017    216,166  Total  assets /dollarsign 336,309   /dollarsign 351,002      LIABILITIES AND SHAREHOLDERS’ EQUITY: Current liabilities:    Accounts payable /dollarsign 48,343   /dollarsign 54,763  Other current liabilities  48,811    47,493  Deferred revenue  7,728    7,612  Commercial paper  10,982    6,000  Ter m debt  14,009    9,613  Total  cur rent  l i abi l i t i es  129,873    125,481      Non-current liabilities:    Ter m debt  94,700    109,106  Other non-current liabilities  53,629    53,325  Total  non-current liabilities  148,329    162,431  Total  l i abi l i t i es  278,202    287,912      Commitments and contingencies        Shareholders’ equity:    Common stock and additional paid-in capital, /dollarsign0.00001 par value: 50,400,000 shares authorized; 16,095,378 and 16,426,786 shares issued and outstanding, respectively  62,115    57,365  Retained earnings  5,289    5,562  Accumulated other comprehensive income/(loss)  (9,297)   163  Total  sharehol ders’  equi t y  58,107    63,090  Total  l i abi l i t i es and sharehol ders’  equi t y /dollarsign 336,309   /dollarsign 351,002   

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Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions)   Nine Months Ended  June 25, 2022  June 26, 2021 Cash, cash equivalents and restricted cash, beginning balances /dollarsign 35,929   /dollarsign 39,789  Operating activities:    Net income  79,082    74,129  Adjustments to reconcile net income to cash generated by operating activities:    Depreciation and amortization  8,239    8,295  Share-based compensation expense  6,760    5,961  Deferred income tax expense/(benefit)  2,756    (737) Other  (61)   (689) Changes in operating assets and liabilities:    Accounts receivable, net  4,561    (1,316) Inventories  1,049    (1,213) Vendor non-trade receivables  4,789    4,892  Other current and non-current assets  (3,289)   (5,899) Accounts payable  (6,108)   (1,786) Deferred revenue  260    1,738  Other current and non-current liabilities  (14)   463  Cash generated by operating activities  98,024    83,838  Investing activities:    Purchases of marketable securities  (70,178)   (94,052) Proceeds from maturities of marketable securities  24,203    49,880  Proceeds from sales of marketable securities  33,609    36,745  Payments for acquisition of property, plant and equipment  (7,419)   (7,862) Payments made in connection with business acquisitions, net  (169)   (13) Other  (1,183)   (78) Cash used in investing activities  (21,137)   (15,380) Financing activities:    Payments for taxes related to net share settlement of equity awards  (5,915)   (5,855) Payments for dividends and dividend equivalents  (11,138)   (10,827) Repurchases of common stock  (64,974)   (66,223) Proceeds from issuance of term debt, net  —    13,923  Repayments of term debt  (6,750)   (7,500) Proceeds from commercial paper, net  4,970    3,022  Other  (148)   489  Cash used in financing activities  (83,955)   (72,971) Decrease in cash, cash equivalents and restricted cash  (7,068)   (4,513) Cash, cash equivalents and restricted cash, ending balances /dollarsign 28,861   /dollarsign 35,276  Supplemental cash flow disclosure:    Cash paid for income taxes, net /dollarsign 12,251   /dollarsign 18,536  Cash paid for interest /dollarsign 1,910   /dollarsign 1,870    