Apple 2005 Annual Report Download - page 100

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors and Shareholders
Apple Computer, Inc.:
We have audited the accompanying consolidated balance sheets of Apple Computer, Inc. and subsidiaries (the Company) as of September 24,
2005 and September 25, 2004, and the related consolidated statements of operations, shareholders’ equity and cash flows for each of the years
in the three-year period ended September 24, 2005. These consolidated financial statements are the responsibility of the Company’s
management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those
standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free
of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated
financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the
Company as of September 24, 2005 and September 25, 2004, and the results of their operations and their cash flows for each of the years in the
three-year period ended September 24, 2005, in conformity with U.S. generally accepted accounting principles.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the effectiveness
of the Company’s internal control over financial reporting as of September 24, 2005, based on criteria established in Internal Control-
Integrated Framework
issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO), and our report dated
November 29, 2005 expressed an unqualified opinion on management
’s assessment of, and the effective operation of internal control over
financial reporting.
As discussed in Note 1 to the consolidated financial statements, the Company changed its method of accounting for asset retirement obligations
and for financial instruments with characteristics of both liabilities and equity in 2003.
98
/s/ KPMG LLP
Mountain View, California
November 29, 2005