Apple 1997 Annual Report Download - page 59

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INDUSTRY SEGMENT AND GEOGRAPHIC INFORMATION
Geographic financial information is as follows:
"EMEA" is an abbreviation for Europe, the Middle East, and Africa. "Asia Pacific" does not include Japan. "Other" is comprised of all North
and South America sites excluding the United States. Prior year amounts have been restated to conform to the current year's presentation. "Net
sales to unaffiliated customers" is based on the location of the customers.
Transfers between geographic areas are recorded at amounts generally above cost and in accordance with the rules and regulations of the
respective governing tax authorities. Operating income (loss) by geographic area consists of total net sales less operating expenses, and does
not include an allocation of
56
1997 1996 1995
--------- --------- ---------
(IN MILLIONS)
Net sales to unaffiliated customers:
United States......................................................... $ 3,507 $ 4,735 $ 5,791
EMEA.................................................................. 1,667 2,222 2,365
Japan................................................................. 1,070 1,792 1,822
Asia Pacific.......................................................... 490 563 519
Other................................................................. 347 521 565
--------- --------- ---------
Total net sales..................................................... $ 7,081 $ 9,833 $ 11,062
--------- --------- ---------
--------- --------- ---------
Transfers between geographic areas (eliminated in consolidation):
United States......................................................... $ 206 $ 517 $ 511
EMEA.................................................................. 207 121 178
Japan................................................................. 5 -- --
Asia Pacific.......................................................... 1,270 3,035 3,619
Other................................................................. -- -- --
--------- --------- ---------
Total transfers..................................................... $ 1,688 $ 3,673 $ 4,308
--------- --------- ---------
--------- --------- ---------
Operating income (loss):
United States......................................................... $ (913) $ (1,198) $ (74)
EMEA.................................................................. (129) (186) 245
Japan................................................................. (86) (4) 47
Asia Pacific.......................................................... 104 3 388
Other................................................................. (29) -- 48
Eliminations.......................................................... (17) 2 30
Corporate income (expense), net......................................... 25 88 (10)
--------- --------- ---------
Income (loss) before provision (benefit) for income taxes........... $ (1,045) $ (1,295) $ 674
--------- --------- ---------
--------- --------- ---------
Identifiable assets:
United States......................................................... $ 1,543 $ 1,935 $ 2,955
EMEA.................................................................. 557 648 927
Japan................................................................. 383 559 686
Asia Pacific.......................................................... 286 312 581
Other................................................................. 119 171 157
Eliminations.......................................................... (135) (26) (34)
Corporate assets...................................................... 1,480 1,765 959
--------- --------- ---------
Total assets........................................................ $ 4,233 $ 5,364 $ 6,231
--------- --------- ---------
--------- --------- ---------