File size: 8,932 Bytes
9272683
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
[
  {
    "question": "What was Apple’s net income for the three months ended Dec 30, 2023?",
    "answer": "$33,916 million",
    "source": "FY24_Q1_Consolidated_Financial_Statements",
    "category": "net_income_Q1_FY24"
  },
  {
    "question": "What was Apple’s gross margin for the three months ended Dec 30, 2023?",
    "answer": "$54,855 million",
    "source": "FY24_Q1_Consolidated_Financial_Statements",
    "category": "gross_margin_Q1_FY24"
  },
  {
    "question": "What was R&D expense for the three months ended Dec 30, 2023?",
    "answer": "$7,696 million",
    "source": "FY24_Q1_Consolidated_Financial_Statements",
    "category": "R&D_expense_Q1_FY24"
  },
  {
    "question": "What were Services net sales for the three months ended Dec 30, 2023?",
    "answer": "$23,117 million",
    "source": "FY24_Q1_Consolidated_Financial_Statements",
    "category": "services_net_sales_Q1_FY24"
  },
  {
    "question": "What were cash and cash equivalents at Sept 28, 2024?",
    "answer": "$29,943 million",
    "source": "FY24_Q4_Consolidated_Financial_Statements",
    "category": "cash_and_cash_equivalents_Q4_FY24"
  },
  {
    "question": "WWhat were accounts receivable (net) at Sept 28, 2024?",
    "answer": "$33,410 million",
    "source": "FY24_Q4_Consolidated_Financial_Statements",
    "category": "accounts_receivable_net_Q4_FY24"
  },
  {
    "question": "What were total assets at Sept 28, 2024?",
    "answer": "$364,980 million",
    "source": "FY24_Q4_Consolidated_Financial_Statements",
    "category": "total_assets_Q4_FY24"
  },
  {
    "question": "What were inventories at Sept 28, 2024?",
    "answer": "$7,286 million",
    "source": "FY24_Q4_Consolidated_Financial_Statements",
    "category": "inventories_Q4_FY24"
  },
  {
    "question": "What was total shareholders’ equity at Sept 28, 2024?",
    "answer": "$56,950 million",
    "source": "FY24_Q4_Consolidated_Financial_Statements",
    "category": "total_shareholders_equity_Q4_FY24"
  },
  {
    "question": "What was Apple’s term debt (non-current) as of Sept 28, 2024?",
    "answer": "$85,750 million",
    "source": "FY24_Q4_Consolidated_Financial_Statements",
    "category": "term_debt_non_current_Q4_FY24"
  },
  {
    "question": "What was commercial paper outstanding at Sept 28, 2024 (current liabilities)?",
    "answer": "$9,967 million",
    "source": "FY24_Q4_Consolidated_Financial_Statements",
    "category": "commercial_paper_outstanding_Q4_FY24"
  },
  {
    "question": "How much cash generated by operating activities in FY24?",
    "answer": "$118,254 million",
    "source": "NASDAQ_AAPL_2024",
    "category": "cash_generated_by_operating_activities_FY24"
  },
  {
    "question": "How much cash generated by investing activities in FY24?",
    "answer": "$2,935 million (net cash generated by investing activities).",
    "source": "NASDAQ_AAPL_2024",
    "category": "cash_generated_by_investing_activities_FY24"
  },
  {
    "question": "How much cash used in financing activities in FY24?",
    "answer": "$(121,983) million (cash used)",
    "source": "NASDAQ_AAPL_2024",
    "category": "cash_used_in_financing_activities_FY24"
  },
  {
    "question": "How much did Apple repurchase in common stock in FY24 according to the cash flow statement?",
    "answer": "$94,949 million (repurchases of common stock in FY24 per consolidated cash flows table)",
    "source": "FY24_Q4_Consolidated_Financial_Statements",
    "category": "repurchases_of_common_stock_FY24"
  },
  {
    "question": "How much did Apple pay in dividends and dividend equivalents in FY24 according to the cash flow statement?",
    "answer": "$15,234 million",
    "source": "FY24_Q4_Consolidated_Financial_Statements",
    "category": "dividends_and_dividend_equivalents_FY24"
  },
  {
    "question": "What were cash and cash equivalents at the end of FY24 (Sept 28, 2024)?",
    "answer": "$29,943 million",
    "source": "FY24_Q4_Consolidated_Financial_Statements",
    "category": "cash_and_cash_equivalents_end_of_FY24"
  },
  {
    "question": "What was cash, cash equivalents and restricted cash, beginning balances for FY24?",
    "answer": "$30,737 million",
    "source": "NASDAQ_AAPL_2024",
    "category": "cash_cash_equivalents_restricted_cash_beginning_balances_FY24"
  },
  {
    "question": "Did Apple record any one-time tax charge in FY24? If yes, how much (net)?",
    "answer": "Yes — a one-time income tax charge of $10.2 billion (net) related to the State Aid Decision.",
    "source": "NASDAQ_AAPL_2024",
    "category": "one_time_tax_charge_FY24"
  },
  {
    "question": "What was Apple’s effective tax rate for FY24?",
    "answer": "24.1%",
    "source": "NASDAQ_AAPL_2024",
    "category": "effective_tax_rate_FY24"
  },
  {
    "question": "How did the one-time tax charge affect net income reconciliation to non-GAAP in FY24?",
    "answer": "The non-GAAP adjustments included reversing the $10.2 billion net tax charge, increasing non-GAAP net income relative to GAAP.",
    "source": "NASDAQ_AAPL_2024",
    "category": "one_time_tax_charge_affect_net_income_reconciliation_to_non_GAAP_FY24"
  },
  {
    "question": "What were weighted-average diluted shares used in computing diluted EPS for FY24?",
    "answer": "15,408,095 (in thousands)",
    "source": "NASDAQ_AAPL_2024",
    "category": "weighted_average_diluted_shares_used_in_computing_diluted_EPS_FY24"
  },
  {
    "question": "What was the change in total shareholders’ equity from Sept 30, 2023 to Sept 28, 2024?",
    "answer": "Ending total shareholders’ equity was $56,950 million (down from $62,146 million as of Sept 30, 2023)",
    "source": "NASDAQ_AAPL_2024",
    "category": "change_in_total_shareholders_equity_from_Sept_30_2023_to_Sept_28_2024"
  },
  {
    "question": "How many shares were issued in FY24 (common stock issued per shareholders’ equity table)?",
    "answer": "1,423 (amounts in the table are in millions of dollars as common stock issued value — see shareholders’ equity table).",
    "source": "NASDAQ_AAPL_2024",
    "category": "shares_issued_in_FY24"
  },
  {
    "question": "What was the Products gross margin in FY24?",
    "answer": "$109,633 million",
    "source": "NASDAQ_AAPL_2024",
    "category": "products_gross_margin_FY24"
  },
  {
    "question": "What was the Services gross margin in FY24?",
    "answer": "$71,050 million",
    "source": "NASDAQ_AAPL_2024",
    "category": "services_gross_margin_FY24"
  },
  {
    "question": "What was the total gross margin percentage for FY24?",
    "answer": "46.2%",
    "source": "NASDAQ_AAPL_2024",
    "category": "total_gross_margin_percentage_FY24"
  },
  {
    "question": "What was Apple’s operating income for FY24?",
    "answer": "$123,216 million",
    "source": "NASDAQ_AAPL_2024",
    "category": "operating_income_FY24"
  },
  {
    "question": "What was “Other income/(expense), net” for FY24?",
    "answer": "$269 million (other income/(expense), net)",
    "source": "NASDAQ_AAPL_2024",
    "category": "other_income_expense_net_FY24"
  },
  {
    "question": "What was the trend in total net sales from FY23 to FY24 (direction and % change reported)?",
    "answer": "Total net sales increased from $383,285 million (FY23) to $391,035 million (FY24), a 2% increase.",
    "source": "NASDAQ_AAPL_2024",
    "category": "trend_in_total_net_sales_from_FY23_to_FY24"
  },
  {
    "question": "What was the FY24 change in R&D expense compared to FY23 (amount and percent reported)?",
    "answer": "R&D expense increased to $31,370 million in FY24 from $29,915 million in FY23 (an increase of $1,455 million, ~5%)",
    "source": "NASDAQ_AAPL_2024",
    "category": "FY24_change_in_R&D_expense_compared_to_FY23"
  },
  {
    "question": "What is the company’s stated expectation regarding sufficiency of liquidity for the next 12 months as of FY24 filing?",
    "answer": "The company believes its balances of unrestricted cash, cash equivalents and marketable securities ($140.8B), cash generated by operations, and access to debt markets will be sufficient to satisfy cash requirements and capital return program over the next 12 months and beyond.",
    "source": "NASDAQ_AAPL_2024",
    "category": "company_stated_expectation_regarding_sufficiency_of_liquidity_for_the_next_12_months_as_of_FY24_filing"
  },
  {
    "question": "How much of FY24’s total net sales was recognized in FY24 from previously deferred revenue (amount disclosed)?",
    "answer": "$7.7 billion of revenue recognized in 2024 was included in deferred revenue as of Sept 30, 2023.",
    "source": "NASDAQ_AAPL_2024",
    "category": "amount_of_FY24_total_net_sales_recognized_in_FY24_from_previously_deferred_revenue"
  }
]