Apple Inc. (AAPL) financial statements (2020 and earlier)

Company profile

Business Address ONE APPLE PARK WAY
CUPERTINO, CA 95014
State of Incorp. CA
Fiscal Year End September 30
SIC 3571 - Electronic Computers (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q1
9/30/2019
Q4
6/30/2019
Q3
3/31/2019
Q2
12/31/2018
Q1
9/30/2018
Q4
6/30/2018
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments107,162100,55794,61480,09286,42725,91370,970
Cash and cash equivalents39,77148,84450,53037,98844,77125,91331,971
Short-term investments67,39151,71344,08442,10441,656 38,999
Receivables39,94645,80426,47426,27836,98148,99526,367
Inventory, net of allowances, customer advances and progress billings4,0974,1063,3554,8844,9883,9565,936
Inventory4,0974,1063,3554,8844,9883,9565,936
Other current assets12,02612,35210,53012,09212,43212,08712,488
Other undisclosed current assets     40,388 
Total current assets:163,231162,819134,973123,346140,828131,339115,761
Noncurrent Assets
Property, plant and equipment37,03137,37837,63638,74639,59741,30438,117
Long-term investments and receivables99,899105,341115,996145,319158,608 172,773
Long-term investments99,899105,341115,996145,319158,608 172,773
Other noncurrent assets40,45732,97833,63434,58734,68622,28322,546
Other undisclosed noncurrent assets     170,799 
Total noncurrent assets:177,387175,697187,266218,652232,891234,386233,436
TOTAL ASSETS:340,618338,516322,239341,998373,719365,725349,197
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities45,11146,23629,11530,44344,29355,88863,673
Accounts payable45,11146,23629,11530,44344,29355,88838,489
Accrued liabilities      25,184
Deferred revenue5,5735,522  
Debt15,21416,24023,48222,42921,74120,74817,472
Deferred revenue and credits7,403
Contract with customer, liability5,4345,5325,546  
Other liabilities36,26337,72031,67335,36836,70332,687 
Other undisclosed current liabilities     7,543 
Total current liabilities:102,161105,71889,70493,772108,283116,86688,548
Noncurrent Liabilities
Long-term debt and lease obligation93,07891,80784,93690,20192,98993,73597,128
Long-term debt, excluding current maturities93,07891,80784,93690,20192,98993,73597,128
Liabilities, other than long-term debt55,84850,50351,14352,16554,55545,18048,572
Deferred revenue and credits2,878
Other liabilities55,84850,50351,14352,16554,55545,18045,694
Other undisclosed noncurrent liabilities     2,797 
Total noncurrent liabilities:148,926142,310136,079142,366147,544141,712145,700
Total liabilities:251,087248,028225,783236,138255,827258,578234,248
Stockholders' equity
Stockholders' equity attributable to parent, including:89,53190,48896,456105,860117,892107,147114,949
Accumulated other comprehensive loss(418)(584)(639)(1,499)(3,588)(3,454)(3,111)
Retained earnings43,97745,89853,72464,55880,51070,40079,436
Other undisclosed stockholders' equity attributable to parent45,97245,17443,37142,80140,97040,20138,624
Total stockholders' equity:89,53190,48896,456105,860117,892107,147114,949
TOTAL LIABILITIES AND EQUITY:340,618338,516322,239341,998373,719365,725349,197

Income statement (P&L) ($ in millions)

12/31/2019
Q1
9/30/2019
Q4
6/30/2019
Q3
3/31/2019
Q2
12/31/2018
Q1
9/30/2018
Q4
6/30/2018
Q3
Revenues91,81964,04053,80958,01584,31062,90053,265
Revenue, net53,265
Cost of revenue
(Cost of Goods and Services Sold)
(56,602)(39,727)(33,582)(36,194)(52,279)(38,816)(32,844)
Gross profit:35,21724,31320,22721,82132,03124,08420,421
Operating expenses(9,648)(8,688)(8,683)(8,406)(8,685)(7,966)(7,809)
Operating income:25,56915,62511,54413,41523,34616,11812,612
Nonoperating income349502367378560303672
Investment income, nonoperating1,0451,1061,1901,3581,3071,3111,418
Other nonoperating income (expense)892064330143(140)100
Interest and debt expense(785)(810)(866)(1,010)(890)(868)(846)
Income from continuing operations before equity method investments, income taxes:25,13315,31711,04512,78323,01615,55312,438
Other undisclosed income from continuing operations before income taxes7858108661,010890868846
Income from continuing operations before income taxes:25,91816,12711,91113,79323,90616,42113,284
Income tax expense(3,682)(2,441)(1,867)(2,232)(3,941)(2,296)(1,765)
Net income available to common stockholders, diluted:22,23613,68610,04411,56119,96514,12511,519

Comprehensive Income ($ in millions)

12/31/2019
Q1
9/30/2019
Q4
6/30/2019
Q3
3/31/2019
Q2
12/31/2018
Q1
9/30/2018
Q4
6/30/2018
Q3
Net income:22,23613,68610,04411,56119,96514,12511,519
Other comprehensive loss     (5)(3)
Comprehensive income:22,23613,68610,04411,56119,96514,12011,516
Other undisclosed comprehensive income (loss), net of tax, attributable to parent30558602,089(223)(338)(44)
Comprehensive income, net of tax, attributable to parent:22,26613,74110,90413,65019,74213,78211,472

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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