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Apple Inc.

Apple Campus

(1 Infinite Loop, Cupertino, California)

Type Public

Traded as
NASDAQ: AAPL

NASDAQ-100 component

DJIA component

S&P 100 component

S&P 500 component

Industry
Computer hardware

Computer software

Consumer electronics
Digital distribution

Far bless Silicon Design

Corporate venture capital

Founded April 1, 1976; 40 years ago in Cupertino, California, United States

Founders
Steve Jobs

Steve Wozniak

Ronald Wayne

Headquarters Apple Campus, Cupertino, California, United States

Number of locations 478 Apple retail stores in 17 countries (as of March 2016)[1]

Area served Worldwide

Key people
Arthur D. Levinson (Chairman) [2]

Tim Cook (Chief executive officer)

Jonathan Ive (Chief design officer)

Luca Maestri (Chief financial officer)

Jeff Williams (Chief operating officer)

Products Mac, iPod ,i Phone ,i Pad ,Apple Watch ,Apple TV ,macOS ,iOS,
,watch OS , TV OS , i Life ,i Work

Services Apple Pay


Apple Store ,Online Apple Store
iTunes Store
iOS App Store
Mac App Store ,i Books Store
Apple Music ,i Cloud

Revenue US$215.639 billion (2016)[3]

Operating income US$60.024 billion (2016)[3]

Net income US$45.687 billion (2016)[3]

Total assets US$321.686 billion (2016)[3]

Total equity US$128.249 billion (2016)[3]


Number of employees 115,000 (as of July 2016)[4]

Subsidiaries FileMaker Inc.


Anobit
Braeburn Capital
Beats Electronics
Apple Energy, LLC
Apple Sales International[5]

Contact Information
Apple, Inc. P:(408) 996-1010
1 Infinite Loop Investor Relations:
Cupertino California 95014-2083 (408) 974-5420
www.apple.com

Employees
Shareholders

Individual stakeholders 0.91%


31.2
Other institutional
8%
Chief Executive Officer &
30.1
Director
Mutual fund holders
6%

Five Year Financial


Summary

TOTAL REVENUE

CASH & SHORT TERM TOP EXECUTIVES


INVESTMENTS

CASH FROM OPERATIONS


Tim Cook

Jeffrey E. Williams Chief Operating Officer


Income Statement:
Luca Maestri Chief Financial Officer &
Senior Vice President

Kevin M. Lynch Vice President-Technology

Joel M. Podolny Vice President


All Currency in US Dollars
Annual Data
| 4 Year
Quarterly Data 2013 2014 2015 2016 Trend

Revenue Net Revenues 170.9B 183.2B 231.3B 214.2B


and Income
Cost of Goods Sold 100.5B 104.6B 131.0B 121.0B

Depreciation And Amortization 6.8B 7.9B 11.3B 10.5B

Operating Gross Income 63.6B 70.7B 89.0B 82.7B


Expenses
General Expenses 15.3B 18.0B 22.4B 24.2B

Research And Development 4.5B 6.0B 8.1B 10.0B

Total Operating Expenses 122.5B 130.6B 164.7B 155.7B

Non- Operating Income 48.3B 52.7B 66.6B 58.5B


Operating
Expenses Extraordinary Credit -- 0.00 0.00 548.0M

Extraordinary Charge - 0.00 0.00 0.00


300.0M

Interest Expense On Debt 136.0M 384.0M 733.0M 1.5B

Other Expenses 652.0M -585.0M 3.7B -200.0M

Income Pre-Tax Income 50.2B 53.5B 72.5B 61.4B


Taxes,
Minority Income Taxes -13.1B -14.0B -19.1B -15.7B
Interest and
Extra Items
Net Income 37.0B 39.5B 53.4B 45.7B

Shares To Shares To Calculate EPS 6.5B 6.1B 5.8B 5.5B


Calculate
EPS Shares To Calculate EPS 6.5B 6.1B 5.8B 5.5B
Diluted

Earnings EPS $5.68 $6.45 $9.22 $8.31


Per Share
EPS Diluted $5.68 $6.45 $9.22 $8.31
..

Balance sheet :

4 Year
Annual Data All Currency in US Dollars Trend

|
Quarterly Data 2013 2014 2015 2016

Assets Cash 13.0B 12.6B 19.1B 19.4B

Short Term Investment Cash 3.5B -415.0M 7.3B -636.0M

Cash & Short Term Investments 40.5B 25.1B 41.6B 67.2B

Receivables Receivables 20.6B 27.2B 30.3B 29.3B

Inventories Inventories 1.8B 2.1B 2.3B 2.1B

Current Other Current Assets 10.3B 14.1B 15.1B 8.3B


Assets
Current Assets 73.3B 68.5B 89.4B 106.9B

Total Assets Property, Plant and Equipment - 28.5B 39.0B 49.3B 61.2B
Gross

Depreciation -11.9B -18.4B -26.8B -34.2B

Intangible Assets 5.8B 8.8B 9.0B 8.6B

Other Assets 10.9B 12.5B 14.6B 17.4B

Total Assets 207.0B 231.8B 290.5B 321.7B

Liabilities Accounts Payable 22.4B 30.2B 35.5B 37.3B

Short Term Debt 0.00 6.3B 11.0B 11.6B

Accrued Expenses 1.3B 2.3B 25.2B 22.0B

Other Current Liabilities 19.1B 24.5B 34.1B 30.1B

Other Liabilities 43.7B 63.4B 80.6B 79.0B

Total Long Term Debt 17.0B 29.0B 53.5B 75.4B


Liabilities

Deferred Taxes -16.5B -20.3B -24.1B -26.0B


4 Year
Annual Data All Currency in US Dollars Trend

|
Quarterly Data 2013 2014 2015 2016

Other Liabilities 429.0M 567.0M 1.2B 1.4B

Total Liabilities 83.5B 120.3B 171.1B 193.4B

Equity Minority Interest 0.00 0.00 0.00 0.00 --

Preferred Stock 0.00 0.00 0.00 0.00 --

Common Equity 123.5B 111.5B 119.4B 128.2B

Total Shareholder Equity 123.5B 111.5B 119.4B 128.2B

Share Common Shares Outstanding 6.3B 5.9B 5.6B 5.3B


Information

Annual Financials for Apple Inc.


View Ratios

Fiscal year is October-


5-year
September. All values USD 2012 2013 2014 2015 2016
trend
millions.

Sales/Revenue 155.97B 170.87B 183.24B 231.28B 214.23B

Sales Growth - 9.55% 7.24% 26.22% -7.37%

Cost of Goods Sold


87.92B 107.24B 112.55B 142.26B 131.51B
(COGS) incl. D&A

COGS excluding D&A 84.64B 100.48B 104.61B 131B 121B

Depreciation &
Amortization 3.28B 6.76B 7.95B 11.26B 10.51B
Expense
Fiscal year is October-
5-year
September. All values USD 2012 2013 2014 2015 2016
trend
millions.

Depreciation 2.67B 5.8B 6.86B 10.01B 9.03B

Amortization of
605M 960M 1.08B 1.25B 1.47B
Intangibles

COGS Growth - 21.98% 4.96% 26.39% -7.56%

Gross Income 68.06B 63.63B 70.69B 89.03B 82.72B

Gross Income Growth - -6.51% 11.10% 25.94% -7.08%

Gross Profit Margin - - - - 38.61% NA

2012 2013 2014 2015 2016 5-year


trend
SG&A Expense 13.42B 15.31B 18.03B 22.4B 24.24B

Research & 3.38B 4.48B 6.04B 8.07B 10.05B


Development
Other SG&A 10.04B 10.83B 11.99B 14.33B 14.19B

SGA Growth - 14.04% 17.83% 24.19% 8.23%

Other Operating - - - - -
Expense
Unusual Expense 655M 300M - - (548M)

EBIT after Unusual 53.98B 48.02B - - 59.03B


Expense
Non Operating 696M 652M (585M) 3.7B (200M)
Income/Expense
Non-Operating 1.09B 1.62B 1.8B 2.92B 4B
Interest Income
Equity in Affiliates - - - - -
(Pretax)
Interest Expense - 136M 384M 733M 1.46B

Interest Expense - - 182.35 90.89% 98.64%


Growth %
Gross Interest - 136M 384M 733M 1.46B
Expense
Interest - - - - -
Capitalized
2012 2013 2014 2015 2016 5-year
trend
SG&A Expense 13.42B 15.31B 18.03B 22.4B 24.24B

Pretax Income 55.76B 50.16B 53.48B 72.52B 61.37B

Pretax Income - - 6.64% 35.59% -


Growth 10.06% 15.37%
Pretax Margin - - - - 28.65% NA

Income Tax 14.03B 13.12B 13.97B 19.12B 15.69B

Income Tax - 8.42B 10.42B 9.48B 13B 8.64B


Current Domestic
Income Tax - 1.2B 1.56B 2.15B 4.74B 2.11B
Current Foreign
Income Tax - 4.9B 1.57B 3.01B 3.19B 4.91B
Deferred
Income Tax - (490M) (426M) (658M) (1.81B) 33M
Deferred Foreign
Income Tax - - - - -
Credits
Equity in Affiliates - - - - -

Other After Tax - - - - -


Income (Expense)
Consolidated Net 41.73B 37.04B 39.51B 53.39B 45.69B
Income
Minority Interest - - - - -
Expense
Net Income 41.73B 37.04B 39.51B 53.39B 45.69B

Net Income - - 6.68% 35.14% -


Growth 11.25% 14.43%
Net Margin - - - - 21.33% NA
Growth
Extraordinaries & - - - - -
Discontinued
Operations
Extra Items & - - - - -
Gain/Loss Sale
Of Assets
Cumulativ - - - - -
e Effect -
Accounting
Discontinued - - - - -
Operations
Net Income After 41.73B 37.04B 39.51B 53.39B 45.69B
Extraordinaries
Preferred Dividends - - - - -

Net Income Available 41.73B 37.04B 39.51B 53.39B 45.69B


to Common
2012 2013 2014 2015 2016 5-year
trend
SG&A Expense 13.42B 15.31B 18.03B 22.4B 24.24B

EPS (Basic) 6.38 5.72 6.49 9.28 8.35

EPS (Basic) - - 13.49% 42.99% -


Growth 10.33% 10.02%
Basic Shares 6.54B 6.48B 6.09B 5.75B 5.47B
Outstanding
EPS (Diluted) 6.31 5.68 6.45 9.22 8.31

EPS (Diluted) - -9.96% 13.58% 42.95% -9.87%


Growth
Diluted Shares 6.62B 6.52B 6.12B 5.79B 5.5B
Outstanding
EBITDA 57.91B 55.08B 60.6B 77.89B 68.99B

EBITDA Growth - -4.89% 10.03% 28.52% -


11.43%
EBITDA Margin - - - - 32.20% NA