Historical analysis of Apple income statement accounts such as Cost of Revenue of 154.6 B
, Earning Before Interest and Taxes EBIT of 72.2 B
or Gross Profit of 88.2 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
Net Income Common Stock USD Operating Income Revenues Weighted Average Shares Diluted
Apple Inc Income Statement Chart
Net Income Common Stock USD Net Income Common Stock
in USD, converted by [FXUSD].
Operating Income is the amount of profit realized from Apple Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Apple Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense, Income Tax Expense
and other Non-Operating items. It is calculated as Gross Profit
minus Operating Expenses
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.
Weighted Average Shares Diluted
The weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Diluted Share
, determined based on the timing of issuance of shares or units in the period.