Apple Inc. (AAPL)

Common-Size Income Statement Quarterly Data

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Apple Inc., Common-Size Consolidated Income Statement

	3 months ended	Mar 31, 2018		Dec 30, 2017		Sep 30, 2017		Jul 1, 2017		Apr 1, 2017		Dec 31, 2016		Sep 24, 2016		Jun 25, 2016		Mar 26, 2016		Dec 26, 2015		Sep 26, 2015		Jun 27, 2015		Mar 28, 2015		Dec 27, 2014		Sep 27, 2014		Jun 28, 2014		Mar 29, 2014		Dec 28, 2013		Sep 28, 2013		Jun 29, 2013		Mar 30, 2013		Dec 29, 2012		Sep 29, 2012		Jun 30, 2012		Mar 31, 2012		Dec 31, 2011
	Net sales
	Cost of sales
	Gross margin	%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%
	Research and development
	Selling, general and administrative
	Operating expenses	%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%
	Operating income	%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%
	Other income (expense), net
	Income before provision for income taxes	%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%
	Provision for income taxes
	Net income	%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%

	Apple Inc.	Other companies (not purchased previously)
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Long-term Trends
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Analysis
Financial Reporting Quality