Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Apple Inc. | Financial_Report.xls |
| EX-10.11 - EX-10.11 - Apple Inc. | d783162dex1011.htm |
| EX-10.13 - EX-10.13 - Apple Inc. | d783162dex1013.htm |
| EX-32.1 - EX-32.1 - Apple Inc. | d783162dex321.htm |
| EX-21.1 - EX-21.1 - Apple Inc. | d783162dex211.htm |
| EX-31.1 - EX-31.1 - Apple Inc. | d783162dex311.htm |
| EX-23.1 - EX-23.1 - Apple Inc. | d783162dex231.htm |
| EX-10.12 - EX-10.12 - Apple Inc. | d783162dex1012.htm |
| EX-31.2 - EX-31.2 - Apple Inc. | d783162dex312.htm |
| 10-K - 10-K - Apple Inc. | d783162d10k.htm |
Exhibit 12.1
Apple Inc.
Computation of Ratio of Earnings to Fixed Charges
(In millions, except ratios)
| Years ended | ||||||||||||||||||||
| September 27, 2014 |
September 28, 2013 |
September 29, 2012 |
September 24, 2011 |
September 25, 2010 |
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| Earnings: |
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| Earnings before income taxes |
$ | 53,483 | $ | 50,155 | $ | 55,763 | $ | 34,205 | $ | 18,540 | ||||||||||
| Add: Fixed Charges |
527 | 265 | 98 | 68 | 54 | |||||||||||||||
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| Total Earnings |
$ | 54,010 | $ | 50,420 | $ | 55,861 | $ | 34,273 | $ | 18,594 | ||||||||||
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| Fixed Charges (1): |
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| Interest Expense |
$ | 384 | $ | 136 | $ | 0 | $ | 0 | $ | 0 | ||||||||||
| Interest component of rental expense |
143 | 129 | 98 | 68 | 54 | |||||||||||||||
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| Total Fixed Charges |
$ | 527 | $ | 265 | $ | 98 | $ | 68 | $ | 54 | ||||||||||
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| Ratio of Earnings to Fixed Charges (2) |
102 | 190 | 570 | 504 | 344 | |||||||||||||||
| (1) | Fixed charges include the portion of rental expense that management believes is representative of the interest component. |
| (2) | The ratio of earnings to fixed charges is computed by dividing Total Earnings by Total Fixed Charges. |