Apple, Inc.

Revenues (gross sales)

$233,715

Cost of revenues

140,089

Gross profit

$93,626

Operating expenses:

Research development

8,067

Selling, administrative and general

13,044

Total operating expenses

$21,111

Operating income (before taxes)

$72,515

Income taxes*

19,121

Net income

$53,394

*approximate

Get Business Essentials, 12/e now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.