APPLE, INC. Income Statement For Year Ended September 29, 2018

Net revenues

$265,595

Cost of goods sold

163,756

Gross profit.

101,839

Selling, general and administrative expenses

30,941

Income from operations

70,898

Interest income, net ...

2,005

Income before taxes. ...

72,903

Provision for income taxes .

13,372

Net income

$ 59,531

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