Apple Inc.
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $42.91B | $37.49B | $24.58B |
| iPhone | — | — | — |
| Mac | — | — | — |
| iPad | — | — | — |
| Wearables Home and Accessories | — | — | — |
| Services | — | — | — |
| Cost of Revenue | $25.68B | $24.29B | $16.43B |
| Gross Profit | $17.22B | $13.20B | $8.15B |
| Gross Margin | 40.1% | 35.2% | 33.2% |
| Operating Expenses | |||
| Research & Development | $1.33B | $1.11B | $782.0M |
| SG&A Expense | $4.15B | $3.76B | $2.96B |
| Operating Income | $11.74B | $8.33B | $4.41B |
| Operating Margin | 27.4% | 22.2% | 17.9% |
| Interest Expense | — | — | — |
| Pretax Income | $12.07B | $8.95B | $5.01B |
| Income Tax Expense | $3.83B | $2.83B | $1.51B |
| Net Income | $8.24B | $6.12B | $3.50B |
| Net Margin | 19.2% | 16.3% | 14.2% |
| EPS (Basic) | $0.33 | $0.25 | $0.14 |
| EPS (Diluted) | $0.32 | $0.24 | $0.14 |
| Shares Outstanding (Basic) | 25.00B | 24.68B | 24.21B |
| Shares Outstanding (Diluted) | 25.40B | 25.26B | 24.90B |
| Dividends Per Share | — | — | — |