Apple (AAPL) Financials

$916.4 B

Mkt cap, 15-May-2018

$149.4 B

Revenue Q2, 2018
Gross profit (Q2, 2018)57.3 B
Gross profit margin (Q2, 2018), %38.4%
Net income (Q2, 2018)33.9 B
EBIT (Q2, 2018)42.2 B
Cash, 31-Mar-201845.1 B
EV981.2 B

Revenue/Financials

Balance Sheet

Annual

USDFY, 2015FY, 2016FY, 2017

Cash

21.1 b20.5 b20.3 b

Accounts Receivable

16.8 b15.8 b17.9 b

Inventories

2.3 b2.1 b4.9 b

Current Assets

89.4 b106.9 b128.6 b

PP&E

22.5 b27 b33.8 b

Goodwill

5.1 b5.4 b5.7 b

Total Assets

290.3 b321.7 b375.3 b

Accounts Payable

35.5 b37.3 b49 b

Short-term debt

11 b11.6 b18.5 b

Current Liabilities

80.6 b79 b100.8 b

Long-term debt

53.5 b75.4 b97.2 b

Non-Current Liabilities

90.4 b114.4 b140.5 b

Total Debt

64.5 b87 b115.7 b

Total Liabilities

171 b193.4 b241.3 b

Common Stock

27.4 b31.3 b35.9 b

Retained Earnings

92.3 b96.4 b98.3 b

Total Equity

119.4 b128.2 b134 b

EPS

9.2 8.3 9.2

Debt to Equity Ratio

0.5 x0.7 x0.9 x

Debt to Assets Ratio

0.2 x0.3 x0.3 x

Financial Leverage

2.4 x2.5 x2.8 x

Quarterly

USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

19.5 b14.5 b15.3 b16.7 b21.5 b18.2 b16.4 b15.2 b18.6 b27.5 b45.1 b

Accounts Receivable

16.7 b10.9 b10.4 b13 b12.2 b11.7 b14.1 b11.6 b12.4 b23.4 b

Inventories

2.3 b2.4 b2 b2.5 b2.3 b1.8 b2.7 b2.9 b3.1 b4.4 b7.7 b

Current Assets

83.4 b67.9 b71 b76.2 b87.6 b93.8 b103 b102 b112.9 b143.8 b130.1 b

PP&E

20.4 b20.2 b21.1 b22.3 b23.2 b25.4 b26.5 b27.2 b29.3 b33.7 b35.1 b

Goodwill

4.6 b4.7 b5 b5.2 b5.2 b5.3 b5.4 b5.5 b5.7 b5.9 b

Total Assets

262 b261 b273 b293 b305 b306 b331 b334.5 b345.2 b406.8 b367.5 b

Accounts Payable

38 b23.2 b26.5 b33.3 b25.1 b26.3 b38.5 b28.6 b31.9 b63 b34.3 b

Short-term debt

3.9 b3.8 b7 b9.8 b10.5 b16 b14 b14 b18.5 b18.5 b8.5 b

Current Liabilities

73.6 b58.7 b65.3 b76.1 b68.3 b71.5 b84.1 b73.3 b81.3 b115.8 b89.3 b

Long-term debt

32.5 b40.1 b47.4 b53.2 b69.4 b68.9 b73.6 b84.5 b89.9 b103.9 b101.4 b

Non-Current Liabilities

65 b73.5 b82.2 b88.9 b106.6 b107.6 b114.6 b127.1 b131.4 b150.8 b

Total Debt

36.4 b43.9 b54.4 b63 b79.9 b84.9 b87.5 b98.5 b108.3 b122.4 b109.9 b

Total Liabilities

138.6 b132.2 b147.5 b165 b174.8 b179.1 b198.8 b200.5 b212.7 b266.6 b240.6 b

Common Stock

24.2 b25.4 b26.3 b28.3 b29.5 b30.1 b32.1 b33.6 b34.4 b36.4 b

Retained Earnings

97.2 b101 b98.3 b101 b102 b96.5 b100 b100.9 b98.5 b104.6 b91.9 b

Total Equity

123 b129 b126 b128 b130 b127 b132 b134.1 b132.4 b140.2 b126.9 b

EPS

3.1 2.3 1.9 3.3 1.9 1.4 3.4 2.1 1.7 3.9

Debt to Equity Ratio

0.3 x0.3 x0.4 x0.5 x0.6 x0.7 x0.7 x0.7 x0.8 x0.9 x

Debt to Assets Ratio

0.1 x0.2 x0.2 x0.2 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x

Financial Leverage

2.1 x2 x2.2 x2.3 x2.3 x2.4 x2.5 x2.5 x2.6 x2.9 x2.9 x

Cash Flow

Annual

USDFY, 2015FY, 2016FY, 2017

Net Income

53.4 b45.7 b48.4 b

Depreciation and Amortization

11.3 b10.5 b10.2 b

Accounts Receivable

611 m1.1 b(2.1 b)

Inventories

(238 m)217 m(2.7 b)

Accounts Payable

5.4 b1.8 b9.6 b

Cash From Operating Activities

81.3 b65.8 b63.6 b

Purchases of PP&E

(11.2 b)(12.7 b)(12.5 b)

Cash From Investing Activities

(56.3 b)(46 b)(46.4 b)

Short-term Borrowings

2.2 b(397 m)3.9 b

Dividends Paid

(11.6 b)(12.2 b)12.8 b

Cash From Financing Activities

(17.7 b)(20.5 b)(17.3 b)

Net Change in Cash

7.3 b(636 m)(195 m)

Interest Paid

514 m1.3 b2.1 b

Income Taxes Paid

13.3 b10.4 b11.6 b

Quarterly

USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

18 b31.6 b42.3 b18.4 b28.9 b36.7 b17.9 b28.9 b37.6 b20.1 b33.9 b

Depreciation and Amortization

2.6 b5.1 b8.1 b3 b5.4 b8 b3 b5.3 b7.7 b2.7 b5.5 b

Accounts Receivable

751 m6.6 b7.1 b3.9 b4.6 b5.1 b1.7 b4.2 b3.4 b(5.6 b)3.5 b

Inventories

(172 m)(285 m)69 m(102 m)68 m518 m(580 m)(778 m)(1 b)434 m(2.8 b)

Accounts Payable

9 b(5.4 b)(3.3 b)(852 m)(9.4 b)(9.6 b)2.5 b(6.9 b)(5.2 b)14.6 b(13.2 b)

Cash From Operating Activities

33.7 b52.8 b67.8 b27.5 b39.1 b49.7 b27.1 b39.6 b47.9 b28.3 b

Purchases of PP&E

(3.2 b)(5.6 b)(7.6 b)(3.6 b)(5.9 b)(8.8 b)(3.3 b)(6.3 b)(8.6 b)(2.8 b)

Cash From Investing Activities

(21.2 b)(43.5 b)(54.9 b)(20.5 b)(34.1 b)(38.6 b)(19.1 b)(33.3 b)(36.5 b)(13.6 b)

Short-term Borrowings

(2.4 b)(2.5 b)(1.8 b)(1.2 b)(503 m)4 b2.4 b1.9 b3.9 b2 m

Long-term Borrowings

(2.5 b)(3.5 b)

Dividends Paid

(2.8 b)(5.5 b)(8.6 b)(3 b)(5.9 b)(9.1 b)(3.1 b)(6.1 b)(9.5 b)(3.3 b)

Cash From Financing Activities

(6.9 b)(8.7 b)(11.4 b)(11.4 b)(4.6 b)(14 b)(12 b)(11.6 b)(13.4 b)(7.5 b)

Net Change in Cash

5.6 b645 m1.5 b(4.4 b)394 m(2.9 b)(4.1 b)(5.3 b)(1.9 b)7.2 b

Interest Paid

202 m220 m427 m396 m565 m892 m497 m1 b1.5 b623 m1.4 b

Income Taxes Paid

3.9 b7.1 b10.6 b3.4 b6.6 b9 b3.5 b6.9 b9.8 b3.6 b6.3 b

Ratios

USDY, 2018

EV/EBIT

23.3 x

Revenue/Employee

1.2 m

Financial Leverage

2.9 x
Report incorrect company information

Operating Metrics

Apple's Mobile Phones Sold was reported to be 77.3 m in Q1, 2018. Apple's Stores was reported to be 496 in May, 2017.
FY, 2013FY, 2014Q1, 2015Q2, 2015Apr, 2015Q3, 2015Aug, 2015Q4, 2015FY, 2015Q1, 2016Dec, 2015Mar, 2016Q2, 2016May, 2016Q3, 2016Jul, 2016Q4, 2016FY, 2016Sep, 2016Q1, 2017Q2, 2017Apr, 2017May, 2017Jun, 2017Q3, 2017Jul, 2017Sep, 2017Q4, 2017FY, 2017Q1, 2018

Mobile Phones Sold

150.26 m169.22 m74.47 m61.17 m47.53 m48.05 m231.22 m74.78 m51.19 m40.40 m45.51 m211.88 m78.29 m50.76 m41.03 m46.68 m216.76 m77.32 m

Tablets Sold

71.03 m67.98 m21.42 m12.62 m10.93 m9.88 m54.86 m16.12 m10.25 m9.95 m9.27 m45.59 m13.08 m8.92 m11.42 m10.33 m43.75 m13.17 m

Computers Sold

16.34 m18.91 m5.52 m4.56 m4.80 m5.71 m20.59 m5.31 m4.03 m4.25 m4.89 m18.48 m5.37 m4.20 m4.29 m5.39 m19.25 m5.11 m

Active Mac Users

100 m

Apple Watch Applications

3 k14 k19 k

Countries

21

Customers (Music Service)

27 m30 m

Customers (iTunes)

800 m

Mobile Applications

1.50 m

Mobile Applications Downloaded

140 b

Paying Subscribers (Apple Music)

27 m30 m

Registered Devices

1 b

Stores

496

Virtual Assistant Monthly Active Users

375 m

Virtual Assistant Monthly Unique Users

48.70 m41.40 m

Wearables Sold

3.50 m2.80 m

Weekly Visitors (App Store)

500 m
Report incorrect company information

Human Capital

Apple's employees are reported to be approximately 32% female and 68% male.
Y, 2017Y, 2016Y, 2015Q2, 2015Y, 2014
Male68 %68 %69 %70.4 %70 %
Female32 %32 %31 %29.6 %30 %

Ethnicity

Y, 2016Q2, 2015Y, 2014
Asian19.2 %15 %
Black9.1 %7 %
Hispanic12.1 %11 %
White56.6 %6.1 %55 %
Other3 %93.9 %12 %

Job Roles

Q2, 2015
Operations21.5 %
Business / Sales76.8 %
Other1.7 %
Report incorrect company information