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Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other varieties of related services. It operates

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Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other varieties of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include IPhone, Mac, IPad, Air Pods, Apple TV, Apple Watch, Beats products, AppleCare, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak in April 1976 and is headquartered in Cupertino, CA. \begin{tabular}{|c|c|c|c|c|c|} \hline & Millions. & 2018 & 2019 & 2020 & 2021 \\ \hline & Sales/Revenue & 265,809 & 259,968 & 274,150 & 365,817 \\ \hline & Cost of Goods Sold (COGS) & 163,826 & 162,264 & 170,143 & 212,981 \\ \hline & Depreciation \& Amortization Expense & 9,300 & 11,300 & 11,056 & 11,284 \\ \hline & Depreciation & 9,300 & 11,300 & 11,056 & 11,284 \\ \hline & \multicolumn{5}{|l|}{ Amortization of Intangibles } \\ \hline & Gross Income & 101,983 & 97,704 & 104,007 & 152,836 \\ \hline & Research \& Development & 14,236 & 16,217 & 18,752 & 21,914 \\ \hline & Other SG\&A & 16,705 & 18,245 & 19,916 & 21,973 \\ \hline & SGA Growth & 15.27% & 11.38% & 12.20% & 13.50% \\ \hline & EBIT & 71,042 & 63,242 & 65,339 & 108,949 \\ \hline & Non Operating Income/Expense & -585 & 1,110 & 397 & 60 \\ \hline & Non-Operating Interest Income & 5,686 & 4,961 & 3,763 & 2,843 \\ \hline & Interest Expense & 3,240 & 3,576 & 2,873 & 2,645 \\ \hline & Pretax Income & 72,903 & 65,737 & 67,091 & 109,207 \\ \hline & Income Tax & 13,372 & 10,481 & 9,680 & 14,527 \\ \hline & Consolidated Net Income & 59,531 & 55,256 & 57,411 & 94,680 \\ \hline & Net Income & 59,531 & 55,256 & 57,411 & 94,680 \\ \hline & Net Income After Extraordinaries & 59,531 & 55,256 & 57,411 & 94,680 \\ \hline & Net Income Available to Common & 59,531 & 55,256 & 57,411 & 94,680 \\ \hline & Basic Shares Outstanding (No.) & 19,822 & 18,471 & 17,352 & 16,701 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline Fiscal yeat is October-Seplember. All values USD Millions. & 2018 & 2019 & 2020 & 2021 \\ \hline \multicolumn{5}{|l|}{\begin{tabular}{l} Fiscal year is October-Seplember. All values USU Millions. \\ Assets \\ Current Assets \end{tabular}} \\ \hline & & & & \\ \hline Cath \& Short Term Invettmenks & 66,301 & 100,500 & 90,979 & 62639 \\ \hline Total Accounts Receivable & 48.995 & 45,804 & 37.445 & 51506 \\ \hline Inventories & 3.956 & 4,05 & 4.061 & 6.580 \\ \hline Oter Current Assets & 12,080 & 12329 & r.228 & 4, \\ \hline Mscellmeous Current Assets & 12067 & 12,329 & ,228 & 4, \\ \hline Total Current Assets & 131,339 & 162.819 & 14371 & 134.836 \\ \hline \end{tabular} Non Current Assets \begin{tabular}{|c|c|c|c|c|c|} \hline & Net Property, Plant \& Equipment & 41304 & 37,378 & 45,306 & 49,527 \\ \hline & Total Investrents and Advarces & 100,799 & w6698 & 102,624 & 127.877 \\ \hline & Tangible Other Assels & 22,283 & 31,621 & 32.215 & 38,762 \\ \hline & Total Assets & 365,725 & 338,516 & 323,888 & 351,002 \\ \hline & \multicolumn{5}{|l|}{ Liabilities \& Shareholders' Equity } \\ \hline & \multicolumn{5}{|l|}{ Current Liabilities } \\ \hline & ST Deba \& Current Portion LT Debt & 20,748 & 15.240 & 5.229 & D.A4 \\ \hline & Shat Term Debt & 11sc4 & 5900 & 6.432 & 7,449 \\ \hline & Durtent Partion of Long Term Debt & 8704 & 10.260 & 8,797 & 9,692 \\ \hline & Accourts Penble & 55.898 & 46.236 & 42,296 & 54,763 \\ \hline & Oher Cumerk Libilites & 48,230 & 43.242 & 47.867 & 53,5m \\ \hline is & Mscellaneous Current Liablitiet: & 40.250 & 43242 & 47.867 & 535m \\ \hline 25 & Total Curea Libilites & 10.055 & 05,716 & 105.392 & 5. 435 \\ \hline 27 & Non Current (Long term) Liabilities & & & & \\ \hline 28 & Long-Term Debl & 93735 & 91,007 & 107.049 & 18,381 \\ \hline 29 & Capitaized Lease Obligytions & + & 10 & 637 & 769 \\ \hline 30 & Provition for Fitks \& Oharges & 39.589 & 2954 & 28,170 & 24.689 \\ \hline 31 & Delened Taies & 1520 & 6.979 & & \\ \hline 32 & Oher Lobilities: & 2.868 & 4.039 & 77.938 & 8,361 \\ \hline 33 & Orer Libolities Iexd Deferred Incornel & 7 & 4,039 & 17.938 & 8.361 \\ \hline 34 & Delerred income & 2.797 & & & + \\ \hline 35 & Todtlinbilities & 25057J & 248008 & 250543 & 29790 \\ \hline 36 & Common Equaly (Tod) & 107,147 & 90,490 & 65,339 & 63.030 \\ \hline & Common Sock PalCarn Valun & 40.201 & 45,77 & 50,779 & 57.365 \\ \hline 38 & Petaned Earings & 70,400 & 45.892 & 14966 & 5562 \\ \hline 39 & & .105 & -1463 & -1375 & \\ \hline 40 & 0 Unresized Garmoss Mokletable Secunites & -2309 & 707 & 1846 & \\ \hline 41 & 1 Oher Approponded Fleserves & 82 & & & 183 \\ \hline 42 & 2 Tola Sheresdes' Eontu & min. 47 & 96,40 & 55339 & 53090 \\ \hline 43. & 13. Libilines b Sharetoldere Easty & 35 & & 32390 & \\ \hline \end{tabular} Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other varieties of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include IPhone, Mac, IPad, Air Pods, Apple TV, Apple Watch, Beats products, AppleCare, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak in April 1976 and is headquartered in Cupertino, CA. \begin{tabular}{|c|c|c|c|c|c|} \hline & Millions. & 2018 & 2019 & 2020 & 2021 \\ \hline & Sales/Revenue & 265,809 & 259,968 & 274,150 & 365,817 \\ \hline & Cost of Goods Sold (COGS) & 163,826 & 162,264 & 170,143 & 212,981 \\ \hline & Depreciation \& Amortization Expense & 9,300 & 11,300 & 11,056 & 11,284 \\ \hline & Depreciation & 9,300 & 11,300 & 11,056 & 11,284 \\ \hline & \multicolumn{5}{|l|}{ Amortization of Intangibles } \\ \hline & Gross Income & 101,983 & 97,704 & 104,007 & 152,836 \\ \hline & Research \& Development & 14,236 & 16,217 & 18,752 & 21,914 \\ \hline & Other SG\&A & 16,705 & 18,245 & 19,916 & 21,973 \\ \hline & SGA Growth & 15.27% & 11.38% & 12.20% & 13.50% \\ \hline & EBIT & 71,042 & 63,242 & 65,339 & 108,949 \\ \hline & Non Operating Income/Expense & -585 & 1,110 & 397 & 60 \\ \hline & Non-Operating Interest Income & 5,686 & 4,961 & 3,763 & 2,843 \\ \hline & Interest Expense & 3,240 & 3,576 & 2,873 & 2,645 \\ \hline & Pretax Income & 72,903 & 65,737 & 67,091 & 109,207 \\ \hline & Income Tax & 13,372 & 10,481 & 9,680 & 14,527 \\ \hline & Consolidated Net Income & 59,531 & 55,256 & 57,411 & 94,680 \\ \hline & Net Income & 59,531 & 55,256 & 57,411 & 94,680 \\ \hline & Net Income After Extraordinaries & 59,531 & 55,256 & 57,411 & 94,680 \\ \hline & Net Income Available to Common & 59,531 & 55,256 & 57,411 & 94,680 \\ \hline & Basic Shares Outstanding (No.) & 19,822 & 18,471 & 17,352 & 16,701 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline Fiscal yeat is October-Seplember. All values USD Millions. & 2018 & 2019 & 2020 & 2021 \\ \hline \multicolumn{5}{|l|}{\begin{tabular}{l} Fiscal year is October-Seplember. All values USU Millions. \\ Assets \\ Current Assets \end{tabular}} \\ \hline & & & & \\ \hline Cath \& Short Term Invettmenks & 66,301 & 100,500 & 90,979 & 62639 \\ \hline Total Accounts Receivable & 48.995 & 45,804 & 37.445 & 51506 \\ \hline Inventories & 3.956 & 4,05 & 4.061 & 6.580 \\ \hline Oter Current Assets & 12,080 & 12329 & r.228 & 4, \\ \hline Mscellmeous Current Assets & 12067 & 12,329 & ,228 & 4, \\ \hline Total Current Assets & 131,339 & 162.819 & 14371 & 134.836 \\ \hline \end{tabular} Non Current Assets \begin{tabular}{|c|c|c|c|c|c|} \hline & Net Property, Plant \& Equipment & 41304 & 37,378 & 45,306 & 49,527 \\ \hline & Total Investrents and Advarces & 100,799 & w6698 & 102,624 & 127.877 \\ \hline & Tangible Other Assels & 22,283 & 31,621 & 32.215 & 38,762 \\ \hline & Total Assets & 365,725 & 338,516 & 323,888 & 351,002 \\ \hline & \multicolumn{5}{|l|}{ Liabilities \& Shareholders' Equity } \\ \hline & \multicolumn{5}{|l|}{ Current Liabilities } \\ \hline & ST Deba \& Current Portion LT Debt & 20,748 & 15.240 & 5.229 & D.A4 \\ \hline & Shat Term Debt & 11sc4 & 5900 & 6.432 & 7,449 \\ \hline & Durtent Partion of Long Term Debt & 8704 & 10.260 & 8,797 & 9,692 \\ \hline & Accourts Penble & 55.898 & 46.236 & 42,296 & 54,763 \\ \hline & Oher Cumerk Libilites & 48,230 & 43.242 & 47.867 & 53,5m \\ \hline is & Mscellaneous Current Liablitiet: & 40.250 & 43242 & 47.867 & 535m \\ \hline 25 & Total Curea Libilites & 10.055 & 05,716 & 105.392 & 5. 435 \\ \hline 27 & Non Current (Long term) Liabilities & & & & \\ \hline 28 & Long-Term Debl & 93735 & 91,007 & 107.049 & 18,381 \\ \hline 29 & Capitaized Lease Obligytions & + & 10 & 637 & 769 \\ \hline 30 & Provition for Fitks \& Oharges & 39.589 & 2954 & 28,170 & 24.689 \\ \hline 31 & Delened Taies & 1520 & 6.979 & & \\ \hline 32 & Oher Lobilities: & 2.868 & 4.039 & 77.938 & 8,361 \\ \hline 33 & Orer Libolities Iexd Deferred Incornel & 7 & 4,039 & 17.938 & 8.361 \\ \hline 34 & Delerred income & 2.797 & & & + \\ \hline 35 & Todtlinbilities & 25057J & 248008 & 250543 & 29790 \\ \hline 36 & Common Equaly (Tod) & 107,147 & 90,490 & 65,339 & 63.030 \\ \hline & Common Sock PalCarn Valun & 40.201 & 45,77 & 50,779 & 57.365 \\ \hline 38 & Petaned Earings & 70,400 & 45.892 & 14966 & 5562 \\ \hline 39 & & .105 & -1463 & -1375 & \\ \hline 40 & 0 Unresized Garmoss Mokletable Secunites & -2309 & 707 & 1846 & \\ \hline 41 & 1 Oher Approponded Fleserves & 82 & & & 183 \\ \hline 42 & 2 Tola Sheresdes' Eontu & min. 47 & 96,40 & 55339 & 53090 \\ \hline 43. & 13. Libilines b Sharetoldere Easty & 35 & & 32390 & \\ \hline \end{tabular}

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