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X PERIOD ENDING: 1 Apple Inc. PERIOD ENDING: 9/28/19 Common Size % 9/29/18 Common Size % (in 000) 4 Total Revenue $260,174,00
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A B=(A/260174000)*100 C D=(C/265595000)*100
9/28/2019 Common Size % 9/29/2018 Common Size %
Total Revenue $260,174,000 100.0% $265,595,000 100.0%
Less: Cost of Revenue $161,782,000 62.2% $163,756,000 61.7%
Gross profit $98,392,000 37.8% $101,839,000 38.3%
OPERATING EXPENSES:
Research and Development $16,217,000 6.2% $14,236,000 5.4%
Sales ,General and Admin. $18,245,000 7.0% $16,705,000 6.3%
Non-Recuring item $0 0.0% $0 0.0%
Other Operating Items $0 0.0% $0 0.0%
Total Operating Expense $34,462,000 13.2% $30,941,000 11.6%
Operating Income $63,930,000 24.6% $70,898,000 26.7%
Interest Income and Dividend(in excess of interest expense) $1,807,000 0.7% $2,005,000 0.8%
Earning before interest and taxes $65,737,000 25.3% $72,903,000 27.4%
Interest expense $0 0.0% $0 0.0%
Earning before taxes $65,737,000 25.3% $72,903,000 27.4%
Income Tax $10,481,000 4.0% $13,372,000 5.0%
Minority Interest $0 0.0% $0 0.0%
Equity earning Less Unconsolidated Subsidiary $0 0.0% $0 0.0%
Net Income. Cont Operation $55,256,000 21.2% $59,531,000 22.4%
Net Income $55,256,000 21.2% $59,531,000 22.4%
Net Income applicable to common shareholders $55,256,000 21.2% $59,531,000 22.4%
Shares Outstanding
Fully Diluted         4,648,910          5,000,109
Earnings Per Share-fully diluted $11.89 $11.91
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