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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  December 30, 2023  December 31, 2022 Net sales:       Products /dollarsign 96,458   /dollarsign 96,388     Services  23,117    20,766  Total net sales (1)  119,575    117,154  Cost of sales:       Products  58,440    60,765     Services  6,280    6,057  Total cost of sales  64,720    66,822  Gross margin  54,855    50,332      Operating expenses:    Research and development  7,696    7,709  Selling, general and administrative  6,786    6,607  Total operating expenses  14,482    14,316      Operating income  40,373    36,016  Other income/(expense), net  (50)   (393) Income before provision for income taxes  40,323    35,623  Provision for income taxes  6,407    5,625  Net income /dollarsign 33,916   /dollarsign 29,998      Earnings per share:    Basic /dollarsign 2.19   /dollarsign 1.89  Diluted /dollarsign 2.18   /dollarsign 1.88  Shares used in computing earnings per share:    Basic  15,509,763    15,892,723  Diluted  15,576,641    15,955,718      (1) Net sales by reportable segment:    Americas /dollarsign 50,430   /dollarsign 49,278  Europe  30,397    27,681  Greater China  20,819    23,905  Japan  7,767    6,755  Rest of Asia Pacific  10,162    9,535  Total net sales /dollarsign 119,575   /dollarsign 117,154      (1) Net sales by category:    iPhone /dollarsign 69,702   /dollarsign 65,775  Mac  7,780    7,735  iPad  7,023    9,396  Wearables, Home and Accessories  11,953    13,482  Services  23,117    20,766  Total net sales /dollarsign 119,575   /dollarsign 117,154   

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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)   December 30, 2023  September 30, 2023 ASSETS: Current assets:    Cash and cash equivalents /dollarsign 40,760   /dollarsign 29,965  Marketable securities  32,340    31,590  Accounts receivable, net  23,194    29,508  Vendor non-trade receivables  26,908    31,477  Inventories  6,511    6,331  Other current assets  13,979    14,695  Total current assets  143,692    143,566      Non-current assets:    Marketable securities  99,475    100,544  Property, plant and equipment, net  43,666    43,715  Other non-current assets  66,681    64,758  Total non-current assets  209,822    209,017  Total assets /dollarsign 353,514   /dollarsign 352,583      LIABILITIES AND SHAREHOLDERS’ EQUITY: Current liabilities:    Accounts payable /dollarsign 58,146   /dollarsign 62,611  Other current liabilities  54,611    58,829  Deferred revenue  8,264    8,061  Commercial paper  1,998    5,985  Term debt  10,954    9,822  Total current liabilities  133,973    145,308      Non-current liabilities:    Term debt  95,088    95,281  Other non-current liabilities  50,353    49,848  Total non-current liabilities  145,441    145,129  Total liabilities  279,414    290,437      Commitments and contingencies        Shareholders’ equity:    Common stock and additional paid-in capital, /dollarsign0.00001 par value: 50,400,000 shares authorized; 15,460,223 and 15,550,061 shares issued and outstanding, respectively  75,236    73,812  Retained earnings/(Accumulated deficit)  8,242    (214) Accumulated other comprehensive loss  (9,378)   (11,452) Total shareholders’ equity  74,100    62,146  Total liabilities and shareholders’ equity /dollarsign 353,514   /dollarsign 352,583   

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Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions)   Three Months Ended  December 30, 2023  December 31, 2022 Cash, cash equivalents and restricted cash, beginning balances /dollarsign 30,737   /dollarsign 24,977      Operating activities:    Net income  33,916    29,998  Adjustments to reconcile net income to cash generated by operating activities:    Depreciation and amortization  2,848    2,916  Share-based compensation expense  2,997    2,905  Other  (989)   (317) Changes in operating assets and liabilities:    Accounts receivable, net  6,555    4,275  Vendor non-trade receivables  4,569    2,320  Inventories  (137)   (1,807) Other current and non-current assets  (1,457)   (4,099) Accounts payable  (4,542)   (6,075) Other current and non-current liabilities  (3,865)   3,889  Cash generated by operating activities  39,895    34,005      Investing activities:    Purchases of marketable securities  (9,780)   (5,153) Proceeds from maturities of marketable securities  13,046    7,127  Proceeds from sales of marketable securities  1,337    509  Payments for acquisition of property, plant and equipment  (2,392)   (3,787) Other  (284)   (141) Cash generated by/(used in) investing activities  1,927    (1,445)     Financing activities:    Payments for taxes related to net share settlement of equity awards  (2,591)   (2,316) Payments for dividends and dividend equivalents  (3,825)   (3,768) Repurchases of common stock  (20,139)   (19,475) Repayments of term debt  —    (1,401) Repayments of commercial paper, net  (3,984)   (8,214) Other  (46)   (389) Cash used in financing activities  (30,585)   (35,563)     Increase/(Decrease) in cash, cash equivalents and restricted cash  11,237    (3,003) Cash, cash equivalents and restricted cash, ending balances /dollarsign 41,974   /dollarsign 21,974      Supplemental cash flow disclosure:    Cash paid for income taxes, net /dollarsign 7,255   /dollarsign 828   