Powered by Clearbit Apple Inc (NMS: AAPL) Company Financials Income Statement Exchange rate used is that of the Year End reported date As Reported Annual Income Statement Report Date 09/25/202 1 09/26/202 0 09/28/201 9 Currency USD USD USD Audit Status Not Qualified Not Qualified Not Qualified Consolidated Yes Yes Yes Scale Thousan ds Thousan ds Thousan ds Products 297392000 220747000 213883000 Services 68425000 53768000 46291000 Net sales $365,817,000 $274,515,000 $260,174,000 Cost of sales - products $192,266,000 $151,286,000 $144,996,000 Cost of sales - services $20,715,000 $18,273,000 $16,786,000 Cost of sales $212,981,000 $169,559,000 $161,782,000 Gross margin $152,836,000 $104,956,000 $98,392,000 Research & development expense $21,914,000 $18,752,000 $16,217,000 Selling, general & administrative expense $21,973,000 $19,916,000 $18,245,000 Total operating expenses $43,887,000 $38,668,000 $34,462,000 Operating income (loss) $108,949,000 $66,288,000 $63,930,000 Interest & dividend income $2,843,000 $3,763,000 $4,961,000 Interest expense $2,645,000 $2,873,000 $3,576,000 Other income (expense), net $60,000 -$87,000 $422,000 Other income/(expense), net $258,000 $803,000 $1,807,000 Income (loss) before provision for income taxes $109,207,000 $67,091,000 $65,737,000 Current federal income tax expense (benefit) $8,257,000 $6,306,000 $6,384,000 Deferred federal income tax expense (benefit) -$7,176,000 -$3,619,000 -$2,939,000 Total federal income tax expense (benefit) $1,081,000 $2,687,000 $3,445,000 Current state income tax expense (benefit) $1,620,000 $455,000 $475,000 Deferred state income tax expense (benefit) -$338,000 $21,000 -$67,000 Total state income tax expense (benefit) $1,282,000 $476,000 $408,000 Current foreign income tax expense (benefit) $9,424,000 $3,134,000 $3,962,000 Deferred foreign income tax expense (benefit) $2,740,000 $3,383,000 $2,666,000 Total foreign income tax expense (benefit) $12,164,000 $6,517,000 $6,628,000 Provision for (benefit from) income taxes $14,527,000 $9,680,000 $10,481,000 Net income (loss) $94,680,000 $57,411,000 $55,256,000 Weighted average shares outstanding - basic 16,701,272 17,352,119 18,471,336 Weighted average shares outstanding - diluted 16,864,919 17,528,214 18,595,652 Year end shares outstanding 16,426,786 16,976,763 17,772,944 Net earnings (loss) per share - basic $5.67 $3.31 $2.99 Net earnings (loss) per share - diluted $5.61 $3.28 $2.97 Cash dividends declared per share - $0.80 $0.75 Number of full time employees 154000 147000 137000 Number of common stockholders 23502 22797 23233 Foreign currency translation adjustments - 88000 -408000 Balance Sheet Exchange rate used is that of the Year End reported date As Reported Annual Balance Sheet Report Date 09/25/202 1 09/26/202 0 09/28/201 9 Currency USD USD USD Audit Status Not Qualified Not Qualified Not Qualified Consolidated Yes Yes Yes Scale Thousan ds Thousan ds Thousan ds Cash & cash equivalents $34,940.