Apple Inc.

is an American multinational corporation and technology

company headquartered in Cupertino, California, in Silicon Valley. It is
best known for its consumer electronics, software, and services.
Apple's product lineup includes include the iPhone, iPad, Mac, Apple
Watch, Vision Pro, and Apple TV; as well as software
like iOS, iPadOS, macOS, watchOS, tvOS, and visionOS; and services
like Apple Card, Apple Pay, iCloud, Apple Music, and Apple TV+.

Since 2011, Apple has been the world's largest company by market
capitalization except when Microsoft held the position between January
and June 2024. In 2022, Apple was the largest technology company by
revenue, with US$394.3 billion. As of 2023, Apple was the fourth-
largest personal computer vendor by unit sales, the largest
manufacturing company by revenue, and the largest vendor of mobile
phones in the world. It is one of the Big Five American information
technology companies, alongside Alphabet (the parent company
of Google), Amazon, Meta (the parent company of Facebook),
and Microsoft.

Apple was founded as Apple Computer Company on April 1, 1976, to

produce and market Steve Wozniak's Apple I personal computer. The
company was incorporated by Wozniak and Steve Jobs in 1977. Its
second computer, the Apple II, became a best seller as one of the first
mass-produced microcomputers. Apple introduced the Lisa in 1983 and
the Macintosh in 1984, as some of the first computers to use a graphical
user interface and a mouse. By 1985, the company's internal problems
included the high cost of its products and power struggles between
executives. That year Jobs left Apple to form NeXT, Inc., and Wozniak
withdrew to other ventures. The market for personal
computers expanded and evolved throughout the 1990s, and Apple lost
considerable market share to the lower-priced Wintel duopoly of
the Microsoft Windows operating system on Intel-powered PC clones.
“To bringing the best user experience to customers
through innovative hardware, software, and services.”




A profit and loss (P&L) statement, also known as an income statement, is

a financial statement that summarizes the revenues, costs, expenses, and
profits/losses of a company during a specified period. These records
provide information about a company’s ability to generate revenues,
manage costs, and make profits.
ITEM
2019 2020 2021 2022 2023

Sales/Revenue
259.97B 274.15B 365.82B 394.33B 383.29B
Sales/Revenue
Sales Growth
- 5.46% 33.44% 7.79% -2.80%
Sales Growth
Cost of Goods Sold (COGS) incl. D&A
162.26B 170.14B 212.98B 223.55B 214.14B
Cost of Goods Sold (COGS) incl. D&A
COGS Growth
- 4.86% 25.18% 4.96% -4.21%
COGS Growth
COGS excluding D&A
150.96B 159.09B 201.7B 212.44B 202.62B
COGS excluding D&A
Depreciation & Amortization Expense
11.3B 11.06B 11.28B 11.1B 11.52B
Depreciation & Amortization Expense
Depreciation
11.3B 11.06B 11.28B 11.1B 11.52B
Depreciation
Amortization of Intangibles
- - - - -
Amortization of Intangibles
Gross Income
97.7B 104.01B 152.84B 170.78B 169.15B
Gross Income
Gross Income Growth
- 6.45% 46.95% 11.74% -0.96%
Gross Income Growth
Gross Profit Margin
- - - - 44.13%
Gross Profit Margin
SG&A Expense
34.46B 38.67B 43.89B 51.35B 54.85B
SG&A Expense
SGA Growth
- 12.20% 13.50% 16.99% 6.82%
SGA Growth
Research & Development
16.22B 18.75B 21.91B 26.25B 29.92B
Research & Development
Other SG&A
18.25B 19.92B 21.97B 25.09B 24.93B
Other SG&A
Other Operating Expense
- - - - -
Other Operating Expense
Unusual Expense
- (465M) - - -
Unusual Expense
EBIT after Unusual Expense
- 65.8B - - -
EBIT after Unusual Expense
Non Operating Income/Expense
1.11B 397M 60M (228M) (382M)
Non Operating Income/Expense
ITEM
2019 2020 2021 2022 2023

Non-Operating Interest Income

4.96B 3.76B 2.84B 2.83B 3.75B
Non-Operating Interest Income
Equity in Affiliates (Pretax)
- - - - -
Equity in Affiliates (Pretax)
Interest Expense
3.58B 2.87B 2.65B 2.93B 3.93B
Interest Expense
Interest Expense Growth
- -19.66% -7.94% 10.81% 34.19%
Interest Expense Growth
Gross Interest Expense
3.58B 2.87B 2.65B 2.93B 3.93B
Gross Interest Expense
Interest Capitalized
- - - - -
Interest Capitalized
Pretax Income
65.74B 67.09B 109.21B 119.1B 113.74B
Pretax Income
Pretax Income Growth
- 2.06% 62.77% 9.06% -4.51%
Pretax Income Growth
Pretax Margin
- - - - 29.67%
Pretax Margin
Income Tax
10.48B 9.68B 14.53B 19.3B 16.74B
Income Tax
Income Tax - Current Domestic
6.86B 6.76B 9.88B 9.41B 11.02B
Income Tax - Current Domestic
Income Tax - Current Foreign
3.96B 3.13B 9.42B 9B 8.75B
Income Tax - Current Foreign
Income Tax - Deferred Domestic
(3.01B) (3.6B) (7.51B) (2.18B) (3.69B)
Income Tax - Deferred Domestic
Income Tax - Deferred Foreign
2.67B 3.38B 2.74B 3.08B 669M
Income Tax - Deferred Foreign
Income Tax Credits
- - - - -
Income Tax Credits
Equity in Affiliates
- - - - -
Equity in Affiliates
Other After Tax Income (Expense)
- - - - -
Other After Tax Income (Expense)
Consolidated Net Income
55.26B 57.41B 94.68B 99.8B 97B
Consolidated Net Income
Minority Interest Expense
- - - - -
Minority Interest Expense
Net Income
55.26B 57.41B 94.68B 99.8B 97B
Net Income
Net Income Growth
- 3.90% 64.92% 5.41% -2.81%
Net Income Growth
Net Margin Growth
- - - - 25.31%
Net Margin Growth
Extraordinaries & Discontinued Operations - - - - -
ITEM
2019 2020 2021 2022 2023

Extraordinaries & Discontinued Operations

Extra Items & Gain/Loss Sale Of Assets
- - - - -
Extra Items & Gain/Loss Sale Of Assets
Cumulative Effect - Accounting Chg
- - - - -
Cumulative Effect - Accounting Chg
Discontinued Operations
- - - - -
Discontinued Operations
Net Income After Extraordinaries
55.26B 57.41B 94.68B 99.8B 97B
Net Income After Extraordinaries
Preferred Dividends
- - - - -
Preferred Dividends
Net Income Available to Common
55.26B 57.41B 94.68B 99.8B 97B
Net Income Available to Common
EPS (Basic)
2.99 3.31 5.67 6.15 6.16
EPS (Basic)
EPS (Basic) Growth
- 10.60% 71.34% 8.57% 0.10%
EPS (Basic) Growth
Basic Shares Outstanding
18.47B 17.35B 16.7B 16.22B 15.74B
Basic Shares Outstanding
EPS (Diluted)
2.97 3.28 5.61 6.11 6.13
EPS (Diluted)
EPS (Diluted) Growth
- 10.23% 71.40% 8.89% 0.34%
EPS (Diluted) Growth
Diluted Shares Outstanding
18.6B 17.53B 16.86B 16.33B 15.81B
Diluted Shares Outstanding
EBITDA
74.54B 76.4B 120.23B 130.54B 125.82B
EBITDA
EBITDA Growth
- 2.49% 57.38% 8.57% -3.62%
EBITDA Growth
EBITDA Margin
- - - - 32.83%
EBITDA Margin
Assets:
ITEM
2019 2020 2021 2022 2023
Cash & Short Term Investments
100.58B 90.98B 62.64B 48.3B 61.56B
Cash & Short Term Investments
Cash & Short Term Investments Growth
- -9.55% -31.15% -22.89% 27.43%
Cash & Short Term Investments Growth
Cash Only
28.12B 19.98B 26.91B 21.48B 28.84B
Cash Only
Short-Term Investments
- - - - -
Short-Term Investments
Cash & ST Investments / Total Assets
29.71% 28.09% 17.85% 13.69% 17.46%
Cash & ST Investments / Total Assets
Total Accounts Receivable
45.8B 37.45B 51.51B 60.93B 60.99B
Total Accounts Receivable
Total Accounts Receivable Growth
- -18.25% 37.55% 18.30% 0.09%
Total Accounts Receivable Growth
Accounts Receivables, Net
22.93B 16.12B 26.28B 28.18B 29.51B
Accounts Receivables, Net
Accounts Receivables, Gross
22.93B 16.12B 26.28B 28.18B 29.51B
Accounts Receivables, Gross
Bad Debt/Doubtful Accounts
- - - - -
Bad Debt/Doubtful Accounts
Other Receivable
22.88B 21.33B 25.23B 32.75B 31.48B
Other Receivable
Accounts Receivable Turnover
5.68 7.32 7.10 6.47 6.28
Accounts Receivable Turnover
Inventories
4.11B 4.06B 6.58B 4.95B 6.33B
Inventories
Finished Goods
4.11B 4.06B 6.58B 4.95B 6.33B
Finished Goods
Work in Progress
- - - - -
Work in Progress
Raw Materials
- - - - -
Raw Materials
Progress Payments & Other
- - - - -
Progress Payments & Other
Other Current Assets
12.33B 11.23B 14.11B 21.22B 14.7B
Other Current Assets
Miscellaneous Current Assets
12.33B 11.23B 14.11B 21.22B 14.7B
Miscellaneous Current Assets
Total Current Assets
162.82B 143.71B 134.84B 135.41B 143.57B
Total Current Assets
Net Property, Plant & Equipment 37.38B 45.34B 49.53B 52.53B 54.38B
ITEM
2019 2020 2021 2022 2023
Net Property, Plant & Equipment
Property, Plant & Equipment - Gross
95.96B 112.1B 119.81B 124.87B 125.26B
Property, Plant & Equipment - Gross
Buildings
17.09B 17.95B 20.04B 22.13B 23.45B
Buildings
Land & Improvements
- - - - -
Land & Improvements
Computer Software and Equipment
- - - - -
Computer Software and Equipment
Other Property, Plant & Equipment
9.08B 10.28B 11.02B 11.27B 12.84B
Other Property, Plant & Equipment
Accumulated Depreciation
58.58B 66.76B 70.28B 72.34B 70.88B
Accumulated Depreciation
Total Investments and Advances
106.7B 102.62B 127.88B 120.81B 100.54B
Total Investments and Advances
Other Long-Term Investments
106.7B 102.62B 127.88B 120.81B 100.54B
Other Long-Term Investments
Long-Term Note Receivables
- - - - -
Long-Term Note Receivables
Intangible Assets
- - - - -
Intangible Assets
Net Goodwill
- - - - -
Net Goodwill
Net Other Intangibles
- - - - -
Net Other Intangibles
Other Assets
31.62B 32.22B 38.76B 44.01B 54.1B
Other Assets
Total Assets
338.52B 323.89B 351B 352.76B 352.58B
Total Assets
Total Assets Growth
- -4.32% 8.37% 0.50% -0.05%
Total Assets Growth
Liabilities & Shareholders' Equity

ITEM
2019 2020 2021 2022 2023
ST Debt & Current Portion LT Debt
16.24B 15.23B 17.14B 22.77B 17.38B
ST Debt & Current Portion LT Debt
Short Term Debt
5.98B 6.43B 7.45B 11.52B 7.4B
Short Term Debt
Current Portion of Long Term Debt
10.26B 8.8B 9.69B 11.26B 9.99B
Current Portion of Long Term Debt
Accounts Payable
46.24B 42.3B 54.76B 64.12B 62.61B
Accounts Payable
Accounts Payable Growth
- -8.52% 29.48% 17.08% -2.35%
Accounts Payable Growth
Income Tax Payable
- - - - -
Income Tax Payable
Other Current Liabilities
43.24B 47.87B 53.58B 67.09B 65.32B
Other Current Liabilities
Dividends Payable
- - - - -
Dividends Payable
Accrued Payroll
- - - - -
Accrued Payroll
Miscellaneous Current Liabilities
43.24B 47.87B 53.58B 67.09B 65.32B
Miscellaneous Current Liabilities
Total Current Liabilities
105.72B 105.39B 125.48B 153.98B 145.31B
Total Current Liabilities
Long-Term Debt
91.81B 107.05B 119.38B 109.71B 106.55B
Long-Term Debt
Long-Term Debt excl. Capitalized Leases
91.81B 98.67B 109.11B 98.96B 95.28B
Long-Term Debt excl. Capitalized Leases
Non-Convertible Debt
91.81B 98.67B 109.11B 98.96B 95.28B
Non-Convertible Debt
Convertible Debt
- - - - -
Convertible Debt
Capitalized Lease Obligations
- 637M 769M 812M 859M
Capitalized Lease Obligations
Provision for Risks & Charges
29.55B 28.17B 24.69B 16.66B 15.46B
Provision for Risks & Charges
Deferred Taxes
16.92B 17.88B 16.98B 16.76B 19.45B
Deferred Taxes
Deferred Taxes - Credits
16.92B 17.88B 16.98B 16.76B 19.45B
Deferred Taxes - Credits
Deferred Taxes - Debit
- - - - -
Deferred Taxes - Debit
Other Liabilities
4.04B 63M 1.38B 4.98B 3.67B
Other Liabilities
Other Liabilities (excl. Deferred Income)
4.04B 63M 1.38B 4.98B 3.67B
Other Liabilities (excl. Deferred Income)
ITEM
2019 2020 2021 2022 2023
Deferred Income
- - - - -
Deferred Income
Total Liabilities
248.03B 258.55B 287.91B 302.08B 290.44B
Total Liabilities
Non-Equity Reserves
- - - - -
Non-Equity Reserves
Total Liabilities / Total Assets
73.27% 79.83% 82.03% 85.64% 82.37%
Total Liabilities / Total Assets
Preferred Stock (Carrying Value)
- - - - -
Preferred Stock (Carrying Value)
Redeemable Preferred Stock
- - - - -
Redeemable Preferred Stock
Non-Redeemable Preferred Stock
- - - - -
Non-Redeemable Preferred Stock
Common Equity (Total)
90.49B 65.34B 63.09B 50.67B 62.15B
Common Equity (Total)
Common Equity / Total Assets
26.73% 20.17% 17.97% 14.36% 17.63%
Common Equity / Total Assets
Common Stock Par/Carry Value
45.17B 50.78B 57.37B 64.85B 73.81B
Common Stock Par/Carry Value
Retained Earnings
45.9B 14.97B 5.56B (3.07B) (214M)
Retained Earnings
ESOP Debt Guarantee
- - - - -
ESOP Debt Guarantee
Cumulative Translation Adjustment/Unrealized
For. Exch. Gain
(1.46B) (1.38B) - - -
Cumulative Translation Adjustment/Unrealized
For. Exch. Gain
Unrealized Gain/Loss Marketable Securities
707M 1.85B - - -
Unrealized Gain/Loss Marketable Securities
Revaluation Reserves
- - - - -
Revaluation Reserves
Treasury Stock
- - - - -
Treasury Stock
Total Shareholders' Equity
90.49B 65.34B 63.09B 50.67B 62.15B
Total Shareholders' Equity
Total Shareholders' Equity / Total Assets
26.73% 20.17% 17.97% 14.36% 17.63%
Total Shareholders' Equity / Total Assets
Accumulated Minority Interest
- - - - -
Accumulated Minority Interest
Total Equity
90.49B 65.34B 63.09B 50.67B 62.15B
Total Equity
Liabilities & Shareholders' Equity
338.52B 323.89B 351B 352.76B 352.58B
Liabilities & Shareholders' Equity