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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  Six Months Ended  March 30, 2024  April 1, 2023  March 30, 2024  April 1, 2023 Net sales:           Products /dollarsign 66,886   /dollarsign 73,929   /dollarsign 163,344   /dollarsign 170,317     Services  23,867    20,907    46,984    41,673  Total  net  sal es (1)  90,753    94,836    210,328    211,990  Cost of sales:           Products  42,424    46,795    100,864    107,560     Services  6,058    6,065    12,338    12,122  Total  cost  of  sal es  48,482    52,860    113,202    119,682  Gross margin  42,271    41,976    97,126    92,308          Operating expenses:        Research and development  7,903    7,457    15,599    15,166  Selling, general and administrative  6,468    6,201    13,254    12,808  Total  operat i ng expenses  14,371    13,658    28,853    27,974          Operating income  27,900    28,318    68,273    64,334  Other income/(expense), net  158    64    108    (329) Income before provision for income taxes  28,058    28,382    68,381    64,005  Provision for income taxes  4,422    4,222    10,829    9,847  Net income /dollarsign 23,636   /dollarsign 24,160   /dollarsign 57,552   /dollarsign 54,158          Earnings per share:        Basic /dollarsign 1.53   /dollarsign 1.53   /dollarsign 3.72   /dollarsign 3.42  Diluted /dollarsign 1.53   /dollarsign 1.52   /dollarsign 3.71   /dollarsign 3.41  Shares used in computing earnings per share:        Basic  15,405,856    15,787,154    15,457,810    15,839,939  Diluted  15,464,709    15,847,050    15,520,675    15,901,384          (1) Net sales by reportable segment:        Americas /dollarsign 37,273   /dollarsign 37,784   /dollarsign 87,703   /dollarsign 87,062  Europe  24,123    23,945    54,520    51,626  Greater China  16,372    17,812    37,191    41,717  Japan  6,262    7,176    14,029    13,931  Rest of Asia Pacific  6,723    8,119    16,885    17,654  Total  net  sal es /dollarsign 90,753   /dollarsign 94,836   /dollarsign 210,328   /dollarsign 211,990          (1) Net sales by category:        iPhone /dollarsign 45,963   /dollarsign 51,334   /dollarsign 115,665   /dollarsign 117,109  Mac  7,451    7,168    15,231    14,903  iPad  5,559    6,670    12,582    16,066  Wearables, Home and Accessories  7,913    8,757    19,866    22,239  Services  23,867    20,907    46,984    41,673  Total  net  sal es /dollarsign 90,753   /dollarsign 94,836   /dollarsign 210,328   /dollarsign 211,990   

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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)   March 30, 2024  September 30, 2023 ASSETS: Current assets:    Cash and cash equivalents /dollarsign 32,695   /dollarsign 29,965  Marketable securities  34,455    31,590  Accounts receivable, net  21,837    29,508  Vendor non-trade receivables  19,313    31,477  Inventories  6,232    6,331  Other current assets  13,884    14,695  Total  cur rent  assets  128,416    143,566      Non-current assets:    Marketable securities  95,187    100,544  Property, plant and equipment, net  43,546    43,715  Other non-current assets  70,262    64,758  Total  non-current assets  208,995    209,017  Total  assets /dollarsign 337,411   /dollarsign 352,583      LIABILITIES AND SHAREHOLDERS’ EQUITY: Current liabilities:    Accounts payable /dollarsign 45,753   /dollarsign 62,611  Other current liabilities  57,298    58,829  Deferred revenue  8,012    8,061  Commercial paper  1,997    5,985  Ter m debt  10,762    9,822  Total  cur rent  l i abi l i t i es  123,822    145,308      Non-current liabilities:    Ter m debt  91,831    95,281  Other non-current liabilities  47,564    49,848  Total  non-current liabilities  139,395    145,129  Total  l i abi l i t i es  263,217    290,437      Commitments and contingencies        Shareholders’ equity:    Common stock and additional paid-in capital, /dollarsign0.00001 par value: 50,400,000 shares authorized; 15,337,686 and 15,550,061 shares issued and outstanding, respectively  78,815    73,812  Retained earnings/(Accumulated deficit)  4,339    (214) Accumulated other comprehensive loss  (8,960)   (11,452) Total  sharehol ders’  equi t y  74,194    62,146  Total  l i abi l i t i es and sharehol ders’  equi t y /dollarsign 337,411   /dollarsign 352,583   

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Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions)   Six Months Ended  March 30, 2024  April 1, 2023 Cash, cash equivalents and restricted cash, beginning balances /dollarsign 30,737   /dollarsign 24,977      Operating activities:    Net income  57,552    54,158  Adjustments to reconcile net income to cash generated by operating activities:    Depreciation and amortization  5,684    5,814  Share-based compensation expense  5,961    5,591  Other  (1,971)   (1,732) Changes in operating assets and liabilities:    Accounts receivable, net  7,727    9,596  Vendor non-trade receivables  12,164    14,785  Inventories  53    (2,548) Other current and non-current assets  (4,438)   (4,092) Accounts payable  (16,710)   (20,764) Other current and non-current liabilities  (3,437)   1,757  Cash generated by operating activities  62,585    62,565      Investing activities:    Purchases of marketable securities  (25,042)   (11,197) Proceeds from maturities of marketable securities  27,462    17,124  Proceeds from sales of marketable securities  4,314    1,897  Payments for acquisition of property, plant and equipment  (4,388)   (6,703) Other  (729)   (247) Cash generated by investing activities  1,617    874      Financing activities:    Payments for taxes related to net share settlement of equity awards  (2,875)   (2,734) Payments for dividends and dividend equivalents  (7,535)   (7,418) Repurchases of common stock  (43,344)   (39,069) Repayments of term debt  (3,150)   (3,651) Repayments of commercial paper, net  (3,982)   (7,960) Other  (132)   (455) Cash used in financing activities  (61,018)   (61,287)     Increase in cash, cash equivalents and restricted cash  3,184    2,152  Cash, cash equivalents and restricted cash, ending balances /dollarsign 33,921   /dollarsign 27,129      Supplemental cash flow disclosure:    Cash paid for income taxes, net /dollarsign 14,531   /dollarsign 4,894   