{
"source": "10-Q",
"accession_number": "0000320193-24-000081",
"cik":"0000320193",
"document": "https://docs.captide.co/reports/aapl-2024-q3.html",
"chunks": [
{
"chunk": "<text_content id=[#42d1506b]> CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In millions, except number of shares, which are reflected in thousands, and per-share amounts) /text_content> <table id=[#6eb794c5]>||||||||||||||||||||||||| ||Three Months Ended||Nine Months Ended| ||June 29, 2024||July 1, 2023||June 29, 2024||July 1, 2023| |Net sales:|||||||||Products|$|61,564 [#49939214]|||$|60,584 [#b0c8ef5c]|||$|224,908 [#5e193abd]|||$|230,901 [#1278eede]|| |Services|24,213 [#5b8cb27f]|||21,213 [#6feeb939]|||71,197 [#be4ce978]|||62,886 [#797c1571]|| |Total net sales|85,777 [#f157324e]|||81,797 [#f5f1c59a]|||296,105 [#f2c0bd42]|||293,787 [#f638b1e8]||||||||||| |Cost of sales:|||||||| |Products|39,803 [#85d5feb5]|||39,136 [#f26694e8]|||140,667 [#68c6d341]|||146,696 [#8aa7cf17]|| |Services|6,296 [#42e70a2c]|||6,248 [#29d06bcc]|||18,634 [#c174c2b2]|||18,370 [#5fe2e771]|||Total cost of sales|46,099 [#40fb5f96]|||45,384 [#1cd7d253]|||159,301 [#136f894a]|||165,066 [#7889e506]|| |Gross margin|39,678 [#2aaf4235]|||36,413 [#86273edb]|||136,804 [#af5dff62]|||128,721 [#039495bc]|| ||||||||| |Operating expenses:|||||||| |Research and development|8,006 [#f950c8a5]|||7,442 [#fceea83f]|||23,605 [#861cc80c]|||22,608 [#90a6219d]|| |Selling, general and administrative|6,320 [#b182fe8f]|||5,973 [#015e5348]|||19,574 [#4b2a56b6]|||18,781 [#d167a8fa]|||Total operating expenses|14,326 [#c67205d5]|||13,415 [#4cde2c03]|||43,179 [#d87f5f90]|||41,389 [#de1e7a79]||||||||||| |Operating income|25,352 [#4422b5df]|||22,998 [#e1f39e8b]|||93,625 [#ac151013]|||87,332 [#252cff45]|| |Other income/(expense), net|142 [#4aae4908]|||(265) [#e0c09d75]|||250 [#f86819fa]|||(594) [#5afaeffd]|||Income before provision for income taxes|25,494 [#99292f67]|||22,733 [#974d1c6e]|||93,875 [#44b1c956]|||86,738 [#2818b154]|| |Provision for income taxes|4,046 [#7c837224]|||2,852 [#9c777f66]|||14,875 [#e8f53493]|||12,699 [#51e3695e]|| |Net income|$|21,448 [#758d5ddb]|||$|19,881 [#b65d886f]|||$|79,000 [#daf830fb]|||$|74,039 [#ddb77f1e]|| ||||||||| |Earnings per share:|||||||||Basic|$|1.40 [#4a581e31]|||$|1.27 [#90a7b042]|||$|5.13 [#0410bea8]|||$|4.69 [#3c9e5955]|| |Diluted|$|1.40 [#0069a2b7]|||$|1.26 [#84f30aa2]|||$|5.11 [#f10f56be]|||$|4.67 [#f0428ace]|| ||||||||| |Shares used in computing earnings per share:|||||||| |Basic|15,287,521 [#77b49017]|||15,697,614 [#67d5e038]|||15,401,047 [#2e9927ac]|||15,792,497 [#a79b2638]|||Diluted|15,348,175 [#2cefc187]|||15,775,021 [#7d45d89b]|||15,463,175 [#9338d261]|||15,859,263 [#a9e18391]|| </table> <text_content id=[#dd923ca8]> See accompanying Notes to Condensed Consolidated Financial Statements. Apple Inc. | Q3 2024 Form 10-Q | 1 Apple Inc. </text_content>",
"chunk_id": "#42d1506b",
"part": "Part 1 - Financial Information",
"item": "Item 1. Financial Statements"
},
{
"chunk": "<text_content id=[#7eb8d4c3]> CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (In millions) </text_content> <table id=[#22050295]> ||||||||||||||||||||||||| ||Three Months Ended||Nine Months Ended| ||June 29, 2024||July 1, 2023||June 29, 2024||July 1, 2023| |Net income|$|21,448 [#e6405916]|||$|19,881 [#d3ec25ea]|||$|79,000 [#977ff6f8]|||$|74,039 [#73e0a1b6]|| |Other comprehensive income/(loss):|||||||| |Change in foreign currency translation, net of tax|(73) [#9c830e99]|||(385) [#c735a985]|||(87) [#02c3cfb1]|||(494) [#449fbd3a]|| ||||||||| |Change in unrealized gains/losses on derivative instruments, net of tax:|||||||| |Change in fair value of derivative instruments|406 [#b4a94709]|||509 [#f6a96454]|||331 [#a2b6958a]|||(492) [#a095cb0f]|| |Adjustment for net (gains)/losses realized and included in net income|(87) [#3f5abe96]|||103 [#f76966de]|||(678) [#89c14a96]|||(1,854) [#30f044ae]|| |Total change in unrealized gains/losses on derivative instruments|319 [#2fdde2c0]|||612 [#9e961ea6]|||(347) [#210eb6db]|||(2,346) [#1b9bfab4]|| ||||||||| |Change in unrealized gains/losses on marketable debt securities, net of tax:|||||||| |Change in fair value of marketable debt securities|268 [#0af051e6]|||(340) [#bb28e84a]|||3,306 [#b5e47560]|||1,963 [#6965f1dc]|| |Adjustment for net (gains)/losses realized and included in net income|30 [#c5340066]|||58 [#67395be6]|||164 [#120b3764]|||185 [#1ea6d176]|| |Total change in unrealized gains/losses on marketable debt securities|298 [#33adfa00]|||(282) [#7b7f9a48]|||3,470 [#bb294c3e]|||2,148 [#a98be8a7]|| ||||||||| |Total other comprehensive income/(loss)|544 [#f18c0df9]|||(55) [#dc8b350a]|||3,036 [#b84c0a86]|||(692) [#cc6ea5bc]|| |Total comprehensive income|$|21,992 [#00e83c80]|||$|19,826 [#b50abfd4]|||$|82,036 [#b09ae0ad]|||$|73,347 [#7e6e5b68]|| </table><text_content id=[#3bc81618]> See accompanying Notes to Condensed Consolidated Financial Statements. Apple Inc. | Q3 2024 Form 10-Q | 2 Apple Inc.</text_content>",
"chunk_id": "#7eb8d4c3",
"part": "Part 1 - Financial Information",
"item": "Item 1. Financial Statements"
},
{
"chunk": "<text_content id=[#a5a994ad]> CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except number of shares, which are reflected in thousands, and par value) </text_content> <table id=[#08f0f9ad]> ||||||||||||| ||June 29, 2024||September 30, 2023| |ASSETS:| |Current assets:|||| |Cash and cash equivalents|$|25,565 [#8a7ed208]|||$|29,965 [#d108f45c]|| |Marketable securities|36,236 [#d40cdd18]|||31,590 [#eaeff4e7]|| |Accounts receivable, net|22,795 [#eb0d297d]|||29,508 [#0712e379]|| |Vendor non-trade receivables|20,377 [#d5978417]|||31,477 [#3b0545d7]|| |Inventories|6,165 [#4d70ee98]|||6,331 [#6bbfb2b1]|| |Other current assets|14,297 [#5b3fa707]|||14,695 [#cb54842a]|| |Total current assets|125,435 [#22063bab]|||143,566 [#e49a4fb7]|| ||||| |Non-current assets:|||| |Marketable securities|91,240 [#459c4521]|||100,544 [#a1555bd7]|| |Property, plant and equipment, net|44,502 [#f71e4fd9]|||43,715 [#49e398cd]|| |Other non-current assets|70,435 [#2169d201]|||64,758 [#3694962e]|| |Total non-current assets|206,177 [#8846bb03]|||209,017 [#dda47dd5]|| |Total assets|$|331,612 [#882ccf21]|||$|352,583 [#4e021fa9]|| ||||| |LIABILITIES AND SHAREHOLDERS’ EQUITY:| |Current liabilities:|||| |Accounts payable|$|47,574 [#aca74a54]|||$|62,611 [#c1795e32]|| |Other current liabilities|60,889 [#1aee8f2f]|||58,829 [#a123b0f7]|| |Deferred revenue|8,053 [#5ff67a3c]|||8,061 [#b3fa18c3]|| |Commercial paper|2,994 [#8139c4fc]|||5,985 [#7aad5030]|| |Term debt|12,114 [#e95c7d8c]|||9,822 [#acdf6ecc]|| |Total current liabilities|131,624 [#f00b7459]|||145,308 [#32996ebc]|| ||||| |Non-current liabilities:|||| |Term debt|86,196 [#756c85df]|||95,281 [#20bdfb6a]|| |Other non-current liabilities|47,084 [#9afca891]|||49,848 [#94ee33bb]|| |Total non-current liabilities|133,280 [#3de1aea8]|||145,129 [#feff64cf]|| |Total liabilities|264,904 [#f80a4f29]|||290,437 [#fe8dc1e6]|| ||||| |Commitments and contingencies|||| ||||| |Shareholders’ equity:|||| |0.00001 [#deb2258a]|79,850 [#24418063]|||73,812 [#390692ae]|| |Accumulated deficit|(4,726) [#56de5016]|||(214) [#04be1964]|| |Accumulated other comprehensive loss|(8,416) [#e0d52045]|||(11,452) [#eff93f54]|| |Total shareholders’ equity|66,708 [#de8671fa]|||62,146 [#4924a57a]|| |Total liabilities and shareholders’ equity|$|331,612 [#cbd75cd0]|||$|352,583 [#f101f9fb]|| </table> <text_content id=[#15bdf188]> See accompanying Notes to Condensed Consolidated Financial Statements. Apple Inc. | Q3 2024 Form 10-Q | 3 Apple Inc. </text_content>",
"chunk_id": "#a5a994ad",
"part": "Part 1 - Financial Information",
"item": "Item 1. Financial Statements"
},
"..."
]
}
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