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Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF …
Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In millions, except number of shares which are reflected in thousands and per share amounts) Three Months Ended December 25, 2021 December 26, 2020 Net sales: Products $ 104,429 $ 95,678 Services 19,516 15,761 Total net sales (1) 123,945 111,439 Cost of sales: Products 64,309 62,130 Services 5,393 4,981 Total cost of sales 69,702 67,111 Gross margin 54,243 44,328 Operating expenses: Research and development 6,306 5,163 Selling, general and administrative 6,449 5,631 Total operating expenses 12,755 10,794 Operating income 41,488 33,534 Other income/(expense), net (247) 45 Income before provision for income taxes 41,241 33,579 Provision for income taxes 6,611 4,824 Net income $ 34,630 $ 2
Jan 27, 2022 · CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In millions, except number of shares which are reflected in thousands and per share amounts) Three Months Ended December 25, 2021 December 26, 2020 Net sales: Products $ 104,429 $ 95,678 Services 19,516 15,761 Total net sales (1) 123,945 111,439 Cost of sales:
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