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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  July 1, 2023  June 25, 2022  July 1, 2023  June 25, 2022 Net sales:           Products /dollarsign 60,584   /dollarsign 63,355   /dollarsign 230,901   /dollarsign 245,241     Services  21,213    19,604    62,886    58,941  Total  net  sal es (1)  81,797    82,959    293,787    304,182  Cost of sales:           Products  39,136    41,485    146,696    155,084     Services  6,248    5,589    18,370    16,411  Total  cost  of  sal es  45,384    47,074    165,066    171,495  Gross margin  36,413    35,885    128,721    132,687          Operating expenses:        Research and development  7,442    6,797    22,608    19,490  Selling, general and administrative  5,973    6,012    18,781    18,654  Total  operat i ng expenses  13,415    12,809    41,389    38,144          Operating income  22,998    23,076    87,332    94,543  Other income/(expense), net  (265)   (10)   (594)   (97) Income before provision for income taxes  22,733    23,066    86,738    94,446  Provision for income taxes  2,852    3,624    12,699    15,364  Net income /dollarsign 19,881   /dollarsign 19,442   /dollarsign 74,039   /dollarsign 79,082          Earnings per share:        Basic /dollarsign 1.27   /dollarsign 1.20   /dollarsign 4.69   /dollarsign 4.86  Diluted /dollarsign 1.26   /dollarsign 1.20   /dollarsign 4.67   /dollarsign 4.82  Shares used in computing earnings per share:        Basic  15,697,614    16,162,945    15,792,497    16,277,824  Diluted  15,775,021    16,262,203    15,859,263    16,394,937          (1) Net sales by reportable segment:        Americas /dollarsign 35,383   /dollarsign 37,472   /dollarsign 122,445   /dollarsign 129,850  Europe  20,205    19,287    71,831    72,323  Greater China  15,758    14,604    57,475    58,730  Japan  4,821    5,446    18,752    20,277  Rest of Asia Pacific  5,630    6,150    23,284    23,002  Total  net  sal es /dollarsign 81,797   /dollarsign 82,959   /dollarsign 293,787   /dollarsign 304,182          (1) Net sales by category:        iPhone /dollarsign 39,669   /dollarsign 40,665   /dollarsign 156,778   /dollarsign 162,863  Mac  6,840    7,382    21,743    28,669  iPad  5,791    7,224    21,857    22,118  Wearables, Home and Accessories  8,284    8,084    30,523    31,591  Services  21,213    19,604    62,886    58,941  Total  net  sal es /dollarsign 81,797   /dollarsign 82,959   /dollarsign 293,787   /dollarsign 304,182   

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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)   July 1, 2023  September 24, 2022 ASSETS: Current assets:    Cash and cash equivalents /dollarsign 28,408   /dollarsign 23,646  Marketable securities  34,074    24,658  Accounts receivable, net  19,549    28,184  Inventories  7,351    4,946  Vendor non-trade receivables  19,637    32,748  Other current assets  13,640    21,223  Total  cur rent  assets  122,659    135,405      Non-current assets:    Marketable securities  104,061    120,805  Property, plant and equipment, net  43,550    42,117  Other non-current assets  64,768    54,428  Total  non-current assets  212,379    217,350  Total  assets /dollarsign 335,038   /dollarsign 352,755      LIABILITIES AND SHAREHOLDERS’ EQUITY: Current liabilities:    Accounts payable /dollarsign 46,699   /dollarsign 64,115  Other current liabilities  58,897    60,845  Deferred revenue  8,158    7,912  Commercial paper  3,993    9,982  Ter m debt  7,216    11,128  Total  cur rent  l i abi l i t i es  124,963    153,982      Non-current liabilities:    Ter m debt  98,071    98,959  Other non-current liabilities  51,730    49,142  Total  non-current liabilities  149,801    148,101  Total  l i abi l i t i es  274,764    302,083      Commitments and contingencies        Shareholders’ equity:    Common stock and additional paid-in capital, /dollarsign0.00001 par value: 50,400,000 shares authorized; 15,647,868 and 15,943,425 shares issued and outstanding, respectively  70,667    64,849  Retained earnings/(Accumulated deficit)  1,408    (3,068) Accumulated other comprehensive income/(loss)  (11,801)   (11,109) Total  sharehol ders’  equi t y  60,274    50,672  Total  l i abi l i t i es and sharehol ders’  equi t y /dollarsign 335,038   /dollarsign 352,755   

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Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions)   Nine Months Ended  July 1, 2023  June 25, 2022 Cash, cash equivalents and restricted cash, beginning balances /dollarsign 24,977   /dollarsign 35,929      Operating activities:    Net income  74,039    79,082  Adjustments to reconcile net income to cash generated by operating activities:    Depreciation and amortization  8,866    8,239  Share-based compensation expense  8,208    6,760  Other  (1,651)   2,695  Changes in operating assets and liabilities:    Accounts receivable, net  7,609    4,561  Inventories  (2,570)   1,049  Vendor non-trade receivables  13,111    4,789  Other current and non-current assets  (4,863)   (3,289) Accounts payable  (16,790)   (6,108) Other current and non-current liabilities  2,986    246  Cash generated by operating activities  88,945    98,024      Investing activities:    Purchases of marketable securities  (20,956)   (70,178) Proceeds from maturities of marketable securities  27,857    24,203  Proceeds from sales of marketable securities  3,959    33,609  Payments for acquisition of property, plant and equipment  (8,796)   (7,419) Other  (753)   (1,352) Cash generated by/(used in) investing activities  1,311    (21,137)     Financing activities:    Payments for taxes related to net share settlement of equity awards  (5,119)   (5,915) Payments for dividends and dividend equivalents  (11,267)   (11,138) Repurchases of common stock  (56,547)   (64,974) Proceeds from issuance of term debt, net  5,228    —  Repayments of term debt  (11,151)   (6,750) Proceeds from/(Repayments of) commercial paper, net  (5,971)   4,970  Other  (508)   (148) Cash used in financing activities  (85,335)   (83,955)     Increase/(Decrease) in cash, cash equivalents and restricted cash  4,921    (7,068) Cash, cash equivalents and restricted cash, ending balances /dollarsign 29,898   /dollarsign 28,861        Supplemental cash flow disclosure:    Cash paid for income taxes, net /dollarsign 7,020   /dollarsign 12,251  Cash paid for interest /dollarsign 2,590   /dollarsign 1,910   