Apple Historical Income Statement Analysis

Historical analysis of Apple income statement accounts such as Cost of Revenue of 142.9 B, Earning Before Interest and Taxes EBIT of 70.5 B or Gross Profit of 84.3 B can show how well Apple Inc performed in making a profits. Evaluating Apple income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Apple future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Apple Inc latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Apple Inc is a good buy for the upcoming year. Check also Trending Equities.
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Apple Inc Income Statement Chart

Consolidated Income    Earning Before Interest and Taxes EBIT    Gross Profit    Net Income    Revenues    Revenues USD    

Consolidated Income

The portion of profit or loss for the period, net of income taxes, which is attributable to the consolidated entity, before the deduction of Net Income Available to Non-controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Apple Inc minus its cost of goods sold. It is profit before Apple operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue Revenues less cost of revenue Cost of Revenue directly attributable to the revenue generation activity.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Apple Inc financial statement analysis. It represents the amount of money remaining after all of Apple Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income, and before the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Apple for goods sold or services provided during a certain time period. It also includes all of Apple Inc sales as well as any other increase in Apple Inc equity.Revenues are reported on Apple Inc income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.

Revenues USD

Revenues in USD, converted by [FXUSD].