Apple 2012 Annual Report Download - page 25

Download and view the complete annual report

Please find page 25 of the 2012 Apple annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 88

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88

Item 6. Selected Financial Data
The information set forth below for the five years ended September 29, 2012, is not necessarily indicative of
results of future operations, and should be read in conjunction with Item 7, “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and related
notes thereto included in Part II, Item 8 of this Form 10-K to fully understand factors that may affect the
comparability of the information presented below (in millions, except number of shares, which are reflected in
thousands and per share amounts).
2012 2011 2010 2009 2008
Net sales .................................... $156,508 $108,249 $ 65,225 $ 42,905 $ 37,491
Net income .................................. $ 41,733 $ 25,922 $ 14,013 $ 8,235 $ 6,119
Earnings per share:
Basic ................................... $ 44.64 $ 28.05 $ 15.41 $ 9.22 $ 6.94
Diluted ................................. $ 44.15 $ 27.68 $ 15.15 $ 9.08 $ 6.78
Cash dividends declared per share (a) ............. $ 2.65 $ 0 $ 0 $ 0 $ 0
Shares used in computing earnings per share:
Basic ................................... 934,818 924,258 909,461 893,016 881,592
Diluted ................................. 945,355 936,645 924,712 907,005 902,139
Total cash, cash equivalents and marketable securities . . $121,251 $ 81,570 $ 51,011 $ 33,992 $ 24,490
Total assets .................................. $176,064 $116,371 $ 75,183 $ 47,501 $ 36,171
Total long-term obligations (b) ................... $ 16,664 $ 10,100 $ 5,531 $ 3,502 $ 1,745
Total liabilities ............................... $ 57,854 $ 39,756 $ 27,392 $ 15,861 $ 13,874
Total shareholders’ equity ...................... $118,210 $ 76,615 $ 47,791 $ 31,640 $ 22,297
(a) The Company declared a dividend of $2.65 per share in the fourth quarter of 2012.
(b) The Company did not have any long-term debt during the five years ended September 29, 2012. Long-term
obligations exclude non-current deferred revenue.
24