Apple 2013 Annual Report Download - page 78

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The following table shows information by operating segment for 2013, 2012 and 2011 (in millions):
2013 2012 2011
Americas:
Net sales ................................................... $62,739 $57,512 $38,315
Operating income ............................................ $22,817 $23,414 $13,111
Europe:
Net sales ................................................... $37,883 $36,323 $27,778
Operating income ............................................ $13,025 $14,869 $11,209
Greater China:
Net sales ................................................... $25,417 $22,533 $12,690
Operating income ............................................ $ 8,541 $ 9,843 $ 5,246
Japan:
Net sales ................................................... $13,462 $10,571 $ 5,437
Operating income ............................................ $ 6,819 $ 5,861 $ 2,415
Rest of Asia Pacific:
Net sales ................................................... $11,181 $10,741 $ 9,902
Operating income ............................................ $ 3,753 $ 4,253 $ 4,004
Retail:
Net sales ................................................... $20,228 $18,828 $14,127
Operating income ............................................ $ 4,025 $ 4,613 $ 3,075
A reconciliation of the Company’s segment operating income to the consolidated financial statements for 2013,
2012 and 2011, is as follows (in millions):
2013 2012 2011
Segment operating income ......................................... $58,980 $62,853 $39,060
Other corporate expenses, net ...................................... (7,728) (5,872) (4,102)
Share-based compensation expense .................................. (2,253) (1,740) (1,168)
Total operating income ........................................ $48,999 $55,241 $33,790
The following table shows total assets by segment and a reconciliation to the consolidated financial statements as
of September 28, 2013 and September 29, 2012 (in millions):
2013 2012
Segment assets:
Americas ............................................................ $ 5,653 $ 5,525
Europe .............................................................. 3,134 3,095
Greater China ........................................................ 2,943 1,321
Japan ............................................................... 2,932 1,698
Rest of Asia-Pacific .................................................... 923 913
Retail ............................................................... 3,329 2,725
Total segment assets ....................................................... 18,914 15,277
Corporate assets ........................................................... 188,086 160,787
Total assets ...................................................... $207,000 $176,064
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