Apple 2014 Annual Report Download - page 83

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REPORT OF ERNST & YOUNG LLP, INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors and Shareholders of Apple Inc.
We have audited the accompanying consolidated balance sheets of Apple Inc. as of September 27, 2014 and September 28,
2013, and the related consolidated statements of operations, comprehensive income, shareholders’ equity and cash flows for
each of the three years in the period ended September 27, 2014. These financial statements are the responsibility of the
Company’s management. Our responsibility is to express an opinion on these 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
financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the
amounts and disclosures in the 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 financial statements referred to above present fairly, in all material respects, the consolidated financial
position of Apple Inc. at September 27, 2014 and September 28, 2013, and the consolidated results of its operations and its
cash flows for each of the three years in the period ended September 27, 2014, 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),
Apple Inc.’s internal control over financial reporting as of September 27, 2014, based on criteria established in Internal Control
– Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (1992 framework)
and our report dated October 27, 2014 expressed an unqualified opinion thereon.
/s/ Ernst & Young LLP
San Jose, California
October 27, 2014
Apple Inc. | 2014 Form 10-K | 81