Please discuss and explain Apple Inc. Income Statement Apple Inc. (AAPL) -Nasdaq
ID: 2655031 • Letter: P
Question
Please discuss and explain Apple Inc. Income Statement
Apple Inc. (AAPL)
-NasdaqGS
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115.96 0.81(0.70%) Aug 14, 4:00PM EDT
After Hours : 116.14 0.18 (0.16%) Aug 14, 7:59PM EDT
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Income Statement
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View: Annual Data | Quarterly Data
All numbers in thousands
Period Ending
Jun 27, 2015
Mar 28, 2015
Dec 27, 2014
Sep 27, 2014
Total Revenue
49,605,000
58,010,000
74,599,000
42,123,000
Cost of Revenue
29,924,000
34,354,000
44,858,000
26,114,000
Gross Profit
19,681,000
23,656,000
29,741,000
16,009,000
Operating Expenses
Research Development
2,034,000
1,918,000
1,895,000
1,686,000
Selling General and Administrative
3,564,000
3,460,000
3,600,000
3,158,000
Non Recurring
-
-
-
-
Others
-
-
-
-
Total Operating Expenses
-
-
-
-
Operating Income or Loss
14,083,000
18,278,000
24,246,000
11,165,000
Income from Continuing Operations
Total Other Income/Expenses Net
390,000
286,000
170,000
307,000
Earnings Before Interest And Taxes
14,473,000
18,564,000
24,416,000
11,472,000
Interest Expense
-
-
-
-
Income Before Tax
14,473,000
18,564,000
24,416,000
11,472,000
Income Tax Expense
3,796,000
4,995,000
6,392,000
3,005,000
Minority Interest
-
-
-
-
Net Income From Continuing Ops
10,677,000
13,569,000
18,024,000
8,467,000
Non-recurring Events
Discontinued Operations
-
-
-
-
Extraordinary Items
-
-
-
-
Effect Of Accounting Changes
-
-
-
-
Other Items
-
-
-
-
Net Income
10,677,000
13,569,000
18,024,000
8,467,000
Preferred Stock And Other Adjustments
-
-
-
-
Net Income Applicable To Common Shares
10,677,000
13,569,000
18,024,000
8,467,000
Income Statement
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Explanation / Answer
it is listing positive numbers only, the income after taxes is an acceptable one. and they are able to maintain their profitable levels in the market, and they listing growth in the profits. the only exense here for Apple is the tax rates. if the tax rates are less, then their net income wil be raise. and if the tax rates are high they will be hold lesser amounts with their hands.
the all other things, are common to all the firms. if Apple maintains some borrowed funds then the taxes can comes down.