Apple Inc.
Investor-tailored annual financial statements.
Normalized to end of year balances and constant currency to this year.
Normalized to end of year balances and constant currency to this year.
| (millions of $) | End of year 2022 | End of year 2021 | End of year 2020 | End of year 2019 | End of year 2018 | End of year 2017 | End of year 2016 | End of year 2015 | End of year 2014 | End of year 2013 | End of year 2012 | End of year 2011 | End of year 2010 | End of year 2009 | End of year 2008 | End of year 2007 | |||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $ | 382,097 | $ | 368,653 | $ | 291,618 | $ | 268,924 | $ | 268,660 | $ | 229,366 | $ | 221,023 | $ | 248,739 | $ | 210,129 | $ | 190,867 | $ | 162,848 | $ | 144,900 | $ | 87,810 | $ | 56,875 | $ | 46,512 | $ | 33,398 | |||||||||||||||||
| Ordinary revenue | 382,097 | 368,653 | 291,618 | 268,924 | 268,660 | 229,366 | 221,023 | 248,739 | 210,129 | 170,688 | 185,068 | 144,900 | 87,810 | 56,875 | 46,512 | 33,398 | |||||||||||||||||||||||||||||||||
| Cost of revenue | 216,245 | 211,928 | 177,978 | 167,045 | 165,935 | 141,101 | 135,239 | 137,032 | 127,992 | 119,028 | 93,876 | 83,793 | 52,935 | 34,169 | 29,614 | 22,132 | |||||||||||||||||||||||||||||||||
| Selling, general & administration expenses | 24,814 | 22,536 | 20,671 | 19,278 | 17,745 | 15,324 | 14,436 | 14,360 | 13,623 | 12,288 | 10,239 | 9,735 | 7,038 | 5,303 | 4,627 | 3,838 | |||||||||||||||||||||||||||||||||
| R&D expenses | 27,242 | 22,836 | 19,380 | 17,405 | 14,625 | 11,813 | 10,507 | 8,459 | 7,104 | 4,768 | 4,117 | 3,166 | 2,267 | 1,706 | 1,392 | 1,042 | |||||||||||||||||||||||||||||||||
| Ordinary expenses | 268,301 | 257,300 | 214,040 | 203,728 | 190,778 | 168,238 | 160,181 | 159,851 | 135,181 | 136,649 | 107,738 | 96,694 | 62,239 | 41,178 | 35,633 | 27,011 | |||||||||||||||||||||||||||||||||
| Primary ordinary result before tax | 113,796 | 111,353 | 71,723 | 62,583 | 69,730 | 61,128 | 60,842 | 68,522 | 61,410 | 54,218 | 55,110 | 48,206 | 25,571 | 15,697 | 10,879 | 6,387 | |||||||||||||||||||||||||||||||||
| Income tax on primary ordinary result | 17,988 | 15,469 | 10,541 | 8,535 | 11,609 | 15,041 | 15,990 | 19,957 | 14,863 | 14,510 | 16,153 | 12,042 | 6,287 | 4,755 | 3,656 | 2,183 | |||||||||||||||||||||||||||||||||
| Primary ordinary result | 95,808 | 95,884 | 61,393 | 43,441 | 58,537 | 50,011 | 45,055 | 54,676 | 45,059 | 39,709 | 40,897 | 36,164 | 19,284 | 10,942 | 7,223 | 4,204 | |||||||||||||||||||||||||||||||||
| Interest expense | (137) | (21) | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||
| Interest and investment income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||
| Financial income | (137) | (21) | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||
| Other non operating income | (239) | 119 | (94) | 324 | (360) | (244) | (824) | (908) | (504) | (149) | (164) | (324) | (171) | (116) | (52) | (55) | |||||||||||||||||||||||||||||||||
| Secondary ordinary result before tax | (376) | 97 | (93) | 152 | (462) | (265) | (939) | (989) | (504) | (149) | (186) | (324) | (171) | (116) | (52) | (55) | |||||||||||||||||||||||||||||||||
| Income tax on secondary ordinary result | 0 | 14 | 0 | 25 | 8 | (9) | 8 | 0 | 0 | (4) | 39 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||
| Secondary ordinary result | (376) | 84 | (93) | 127 | (490) | (273) | (1,021) | (989) | (504) | (145) | (230) | (324) | (171) | (116) | (52) | (55) | |||||||||||||||||||||||||||||||||
| Extraordinary result before tax | (286) | (5,492) | |||||||||||||||||||||||||||||||||||||||||||||||
| Income tax on extraordinary result | 0 | 0 | 0 | 0 | 13 | (19) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||
| Extraordinary result | 0 | 0 | 0 | 0 | (305) | (964) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||
| Other adjustments | 0 | 0 | 0 | (12,689) | 405 | 4,146 | 203 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||
| Periodical external result before tax | 113,420 | 111,451 | 71,631 | 52,129 | 69,372 | 63,788 | 60,106 | 73,644 | 60,907 | 54,052 | 62,444 | 47,882 | 25,400 | 15,581 | 10,827 | 6,332 | |||||||||||||||||||||||||||||||||
| Income tax provision | 17,988 | 15,469 | 10,541 | 10,349 | 11,076 | 14,592 | 15,903 | 19,957 | 16,352 | 12,976 | 14,213 | 12,042 | 6,287 | 4,755 | 3,656 | 2,183 | |||||||||||||||||||||||||||||||||
| Periodical external result | $ | 95,434 | $ | 96,119 | $ | 63,344 | $ | 56,502 | $ | 57,447 | $ | 48,477 | $ | 46,757 | $ | 51,568 | $ | 46,138 | $ | 40,887 | $ | 47,381 | $ | 36,733 | $ | 19,532 | $ | 11,289 | $ | 7,897 | $ | 4,945 | |||||||||||||||||