Apple (AAPL) 10-K1 Nov 242024 FY Annual reportFinancial data

Company Profile

Cover Page

Cover Page - USD ($) shares in Thousands, $ in Millions	12 Months Ended
Cover Page - USD ($) shares in Thousands, $ in Millions	Sep. 28, 2024	Oct. 18, 2024	Mar. 29, 2024
Entity Information [Line Items]
Document Type	10-K
Document Annual Report	true
Current Fiscal Year End Date	--09-28
Document Period End Date	Sep. 28, 2024
Document Transition Report	false
Entity File Number	001-36743
Entity Registrant Name	Apple Inc.
Entity Incorporation, State or Country Code	CA
Entity Tax Identification Number	94-2404110
Entity Address, Address Line One	One Apple Park Way
Entity Address, City or Town	Cupertino
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95014
City Area Code	408
Local Phone Number	996-1010
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction Flag	false
Entity Shell Company	false
Entity Public Float			$ 2,628,553
Entity Common Stock, Shares Outstanding (in shares)		15,115,823
Documents Incorporated by Reference	Portions of the Registrant’s definitive proxy statement relating to its 2025 annual meeting of shareholders are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. The Registrant’s definitive proxy statement will be filed with the U.S. Securities and Exchange Commission within 120 days after the end of the fiscal year to which this report relates.
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Central Index Key	0000320193
Common Stock, $0.00001 par value per share
Entity Information [Line Items]
Title of 12(b) Security	Common Stock, $0.00001 par value per share
Trading Symbol	AAPL
Security Exchange Name	NASDAQ
0.000% Notes due 2025
Entity Information [Line Items]
Title of 12(b) Security	0.000% Notes due 2025
No Trading Symbol Flag	true
Security Exchange Name	NASDAQ
0.875% Notes due 2025
Entity Information [Line Items]
Title of 12(b) Security	0.875% Notes due 2025
No Trading Symbol Flag	true
Security Exchange Name	NASDAQ
1.625% Notes due 2026
Entity Information [Line Items]
Title of 12(b) Security	1.625% Notes due 2026
No Trading Symbol Flag	true
Security Exchange Name	NASDAQ
2.000% Notes due 2027
Entity Information [Line Items]
Title of 12(b) Security	2.000% Notes due 2027
No Trading Symbol Flag	true
Security Exchange Name	NASDAQ
1.375% Notes due 2029
Entity Information [Line Items]
Title of 12(b) Security	1.375% Notes due 2029
No Trading Symbol Flag	true
Security Exchange Name	NASDAQ
3.050% Notes due 2029
Entity Information [Line Items]
Title of 12(b) Security	3.050% Notes due 2029
No Trading Symbol Flag	true
Security Exchange Name	NASDAQ
0.500% Notes due 2031
Entity Information [Line Items]
Title of 12(b) Security	0.500% Notes due 2031
No Trading Symbol Flag	true
Security Exchange Name	NASDAQ
3.600% Notes due 2042
Entity Information [Line Items]
Title of 12(b) Security	3.600% Notes due 2042
No Trading Symbol Flag	true
Security Exchange Name	NASDAQ

Auditor Information

Auditor Information	12 Months Ended
Auditor Information	Sep. 28, 2024
Auditor Information [Abstract]
Auditor Name	Ernst & Young LLP
Auditor Location	San Jose, California
Auditor Firm ID	42

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Net sales	$ 391,035	$ 383,285	$ 394,328
Cost of sales	210,352	214,137	223,546
Gross margin	180,683	169,148	170,782
Operating expenses:
Research and development	31,370	29,915	26,251
Selling, general and administrative	26,097	24,932	25,094
Total operating expenses	57,467	54,847	51,345
Operating income	123,216	114,301	119,437
Other income/(expense), net	269	(565)	(334)
Income before provision for income taxes	123,485	113,736	119,103
Provision for income taxes	29,749	16,741	19,300
Net income	$ 93,736	$ 96,995	$ 99,803
Earnings per share:
Basic (in dollars per share)	$ 6.11	$ 6.16	$ 6.15
Diluted (in dollars per share)	$ 6.08	$ 6.13	$ 6.11
Shares used in computing earnings per share:
Basic (in shares)	15,343,783	15,744,231	16,215,963
Diluted (in shares)	15,408,095	15,812,547	16,325,819
Products
Net sales	$ 294,866	$ 298,085	$ 316,199
Cost of sales	185,233	189,282	201,471
Services
Net sales	96,169	85,200	78,129
Cost of sales	$ 25,119	$ 24,855	$ 22,075

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 93,736	$ 96,995	$ 99,803
Other comprehensive income/(loss):
Change in foreign currency translation, net of tax	395	(765)	(1,511)
Change in unrealized gains/losses on derivative instruments, net of tax:
Change in fair value of derivative instruments	(832)	323	3,212
Adjustment for net (gains)/losses realized and included in net income	(1,337)	(1,717)	(1,074)
Total change in unrealized gains/losses on derivative instruments	(2,169)	(1,394)	2,138
Change in unrealized gains/losses on marketable debt securities, net of tax:
Change in fair value of marketable debt securities	5,850	1,563	(12,104)
Adjustment for net (gains)/losses realized and included in net income	204	253	205
Total change in unrealized gains/losses on marketable debt securities	6,054	1,816	(11,899)
Total other comprehensive income/(loss)	4,280	(343)	(11,272)
Total comprehensive income	$ 98,016	$ 96,652	$ 88,531

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) shares in Thousands, $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Current assets:
Cash and cash equivalents	$ 29,943	$ 29,965
Marketable securities	35,228	31,590
Accounts receivable, net	33,410	29,508
Vendor non-trade receivables	32,833	31,477
Inventories	7,286	6,331
Other current assets	14,287	14,695
Total current assets	152,987	143,566
Non-current assets:
Marketable securities	91,479	100,544
Property, plant and equipment, net	45,680	43,715
Other non-current assets	74,834	64,758
Total non-current assets	211,993	209,017
Total assets	364,980	352,583
Current liabilities:
Accounts payable	68,960	62,611
Other current liabilities	78,304	58,829
Deferred revenue	8,249	8,061
Commercial paper	9,967	5,985
Term debt	10,912	9,822
Total current liabilities	176,392	145,308
Non-current liabilities:
Term debt	85,750	95,281
Other non-current liabilities	45,888	49,848
Total non-current liabilities	131,638	145,129
Total liabilities	308,030	290,437
Commitments and contingencies
Common stock, shares outstanding (in shares)	15,116,786	15,550,061
Common stock, shares issued (in shares)	15,116,786	15,550,061
Shareholders’ equity:
Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 15,116,786 and 15,550,061 shares issued and outstanding, respectively	$ 83,276	$ 73,812
Accumulated deficit	(19,154)	(214)
Accumulated other comprehensive loss	(7,172)	(11,452)
Total shareholders’ equity	56,950	62,146
Total liabilities and shareholders’ equity	$ 364,980	$ 352,583

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 28, 2024	Sep. 30, 2023
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized (in shares)	50,400,000,000	50,400,000,000
Common stock, shares issued (in shares)	15,116,786,000	15,550,061,000
Common stock, shares outstanding (in shares)	15,116,786,000	15,550,061,000

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Millions	Total	Common stock and additional paid-in capital	Retained earnings/(Accumulated deficit)	Accumulated other comprehensive income/(loss)
Beginning balances at Sep. 25, 2021	$ 63,090	$ 57,365	$ 5,562	$ 163
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued		1,175
Common stock withheld related to net share settlement of equity awards		(2,971)	(3,454)
Share-based compensation		9,280
Net income	99,803		99,803
Dividends and dividend equivalents declared			(14,793)
Common stock repurchased			(90,186)
Other comprehensive income/(loss)	(11,272)			(11,272)
Ending balances at Sep. 24, 2022	$ 50,672	64,849	(3,068)	(11,109)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends and dividend equivalents declared per share or RSU (in dollars per share or RSU)	$ 0.90
Common stock issued		1,346
Common stock withheld related to net share settlement of equity awards		(3,521)	(2,099)
Share-based compensation		11,138
Net income	$ 96,995		96,995
Dividends and dividend equivalents declared			(14,996)
Common stock repurchased			(77,046)
Other comprehensive income/(loss)	(343)			(343)
Ending balances at Sep. 30, 2023	$ 62,146	73,812	(214)	(11,452)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends and dividend equivalents declared per share or RSU (in dollars per share or RSU)	$ 0.94
Common stock issued		1,423
Common stock withheld related to net share settlement of equity awards		(3,993)	(1,612)
Share-based compensation		12,034
Net income	$ 93,736		93,736
Dividends and dividend equivalents declared			(15,218)
Common stock repurchased	(95,000)		(95,846)
Other comprehensive income/(loss)	4,280			4,280
Ending balances at Sep. 28, 2024	$ 56,950	$ 83,276	$ (19,154)	$ (7,172)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends and dividend equivalents declared per share or RSU (in dollars per share or RSU)	$ 0.98

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Statement of Cash Flows [Abstract]
Cash, cash equivalents, and restricted cash and cash equivalents, beginning balances	$ 30,737	$ 24,977	$ 35,929
Operating activities:
Net income	93,736	96,995	99,803
Adjustments to reconcile net income to cash generated by operating activities:
Depreciation and amortization	11,445	11,519	11,104
Share-based compensation expense	11,688	10,833	9,038
Other	(2,266)	(2,227)	1,006
Changes in operating assets and liabilities:
Accounts receivable, net	(3,788)	(1,688)	(1,823)
Vendor non-trade receivables	(1,356)	1,271	(7,520)
Inventories	(1,046)	(1,618)	1,484
Other current and non-current assets	(11,731)	(5,684)	(6,499)
Accounts payable	6,020	(1,889)	9,448
Other current and non-current liabilities	15,552	3,031	6,110
Cash generated by operating activities	118,254	110,543	122,151
Investing activities:
Purchases of marketable securities	(48,656)	(29,513)	(76,923)
Proceeds from maturities of marketable securities	51,211	39,686	29,917
Proceeds from sales of marketable securities	11,135	5,828	37,446
Payments for acquisition of property, plant and equipment	(9,447)	(10,959)	(10,708)
Other	(1,308)	(1,337)	(2,086)
Cash generated by/(used in) investing activities	2,935	3,705	(22,354)
Financing activities:
Payments for taxes related to net share settlement of equity awards	(5,441)	(5,431)	(6,223)
Payments for dividends and dividend equivalents	(15,234)	(15,025)	(14,841)
Repurchases of common stock	(94,949)	(77,550)	(89,402)
Proceeds from issuance of term debt, net	0	5,228	5,465
Repayments of term debt	(9,958)	(11,151)	(9,543)
Proceeds from/(Repayments of) commercial paper, net	3,960	(3,978)	3,955
Other	(361)	(581)	(160)
Cash used in financing activities	(121,983)	(108,488)	(110,749)
Increase/(Decrease) in cash, cash equivalents, and restricted cash and cash equivalents	(794)	5,760	(10,952)
Cash, cash equivalents, and restricted cash and cash equivalents, ending balances	29,943	30,737	24,977
Supplemental cash flow disclosure:
Cash paid for income taxes, net	$ 26,102	$ 18,679	$ 19,573

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Sep. 28, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation and Preparation The consolidated financial statements include the accounts of Apple Inc. and its wholly owned subsidiaries. The preparation of these consolidated financial statements and accompanying notes in conformity with GAAP requires the use of management estimates. Certain prior period amounts in the consolidated financial statements and accompanying notes have been reclassified to conform to the current period’s presentation. The Company’s fiscal year is the 52- or 53-week period that ends on the last Saturday of September. An additional week is included in the first fiscal quarter every five or six years to realign the Company’s fiscal quarters with calendar quarters, which occurred in the first fiscal quarter of 2023. The Company’s fiscal years 2024 and 2022 spanned 52 weeks each, whereas fiscal year 2023 spanned 53 weeks. Unless otherwise stated, references to particular years, quarters, months and periods refer to the Company’s fiscal years ended in September and the associated quarters, months and periods of those fiscal years. Revenue The Company records revenue net of taxes collected from customers that are remitted to governmental authorities. Share-Based Compensation The Company recognizes share-based compensation expense on a straight-line basis for its estimate of equity awards that will ultimately vest. Cash Equivalents All highly liquid investments with maturities of three months or less at the date of purchase are treated as cash equivalents. Marketable Securities The cost of securities sold is determined using the specific identification method. Inventories Inventories are measured using the first-in, first-out method. Property, Plant and Equipment Depreciation on property, plant and equipment is recognized on a straight-line basis. Derivative Instruments The Company presents derivative assets and liabilities at their gross fair values in the Consolidated Balance Sheets. Income Taxes The Company records certain deferred tax assets and liabilities in connection with the minimum tax on certain foreign earnings created by the TCJA. Leases The Company combines and accounts for lease and nonlease components as a single lease component for leases of corporate, data center and retail facilities.

Revenue

Revenue	12 Months Ended
Revenue	Sep. 28, 2024
Revenue from Contract with Customer [Abstract]
Revenue	Revenue The Company recognizes revenue at the amount to which it expects to be entitled when control of the products or services is transferred to its customers. Control is generally transferred when the Company has a present right to payment and title and the significant risks and rewards of ownership of products or services are transferred to its customers. For most of the Company’s Products net sales, control transfers when products are shipped. For the Company’s Services net sales, control transfers over time as services are delivered. Payment for Products and Services net sales is collected within a short period following transfer of control or commencement of delivery of services, as applicable. The Company records reductions to Products net sales related to future product returns, price protection and other customer incentive programs based on the Company’s expectations and historical experience. For arrangements with multiple performance obligations, which represent promises within an arrangement that are distinct, the Company allocates revenue to all distinct performance obligations based on their relative stand-alone selling prices (“SSPs”). When available, the Company uses observable prices to determine SSPs. When observable prices are not available, SSPs are established that reflect the Company’s best estimates of what the selling prices of the performance obligations would be if they were sold regularly on a stand-alone basis. The Company’s process for estimating SSPs without observable prices considers multiple factors that may vary depending upon the unique facts and circumstances related to each performance obligation including, where applicable, prices charged by the Company for similar offerings, market trends in the pricing for similar offerings, product-specific business objectives and the estimated cost to provide the performance obligation. The Company has identified the performance obligations regularly included in arrangements involving the sale of iPhone, Mac and iPad. The first material performance obligation, which represents the substantial portion of the allocated sales price, is the hardware and bundled software delivered at the time of sale. The second material performance obligation is the right to receive certain product-related bundled services, which include iCloud ® , Siri ® and Maps. The Company allocates revenue and any related discounts to all of its performance obligations based on their relative SSPs. Because the Company lacks observable prices for product-related bundled services, the allocation of revenue is based on the Company’s estimated SSPs. Revenue allocated to the delivered hardware and bundled software is recognized when control has transferred to the customer, which generally occurs when the product is shipped. Revenue allocated to product-related bundled services is deferred and recognized on a straight-line basis over the estimated period they are expected to be provided. For certain long-term service arrangements, the Company has performance obligations for services it has not yet delivered. For these arrangements, the Company does not have a right to bill for the undelivered services. The Company has determined that any unbilled consideration relates entirely to the value of the undelivered services. Accordingly, the Company has not recognized revenue, and does not disclose amounts, related to these undelivered services. For the sale of third-party products where the Company obtains control of the product before transferring it to the customer, the Company recognizes revenue based on the gross amount billed to customers. The Company considers multiple factors when determining whether it obtains control of third-party products, including evaluating if it can establish the price of the product, retains inventory risk for tangible products or has the responsibility for ensuring acceptability of the product. For third-party applications sold through the App Store, the Company does not obtain control of the product before transferring it to the customer. Therefore, the Company accounts for all third-party application–related sales on a net basis by recognizing in Services net sales only the commission it retains. Net sales disaggregated by significant products and services for 2024, 2023 and 2022 were as follows (in millions): 2024 2023 2022 iPhone $ 201,183 $ 200,583 $ 205,489 Mac 29,984 29,357 40,177 iPad 26,694 28,300 29,292 Wearables, Home and Accessories 37,005 39,845 41,241 Services (1) 96,169 85,200 78,129 Total net sales $ 391,035 $ 383,285 $ 394,328 (1) Services net sales include amortization of the deferred value of services bundled in the sales price of certain products. Total net sales include $7.7 billion of revenue recognized in 2024 that was included in deferred revenue as of September 30, 2023, $8.2 billion of revenue recognized in 2023 that was included in deferred revenue as of September 24, 2022, and $7.5 billion of revenue recognized in 2022 that was included in deferred revenue as of September 25, 2021. The Company’s proportion of net sales by disaggregated revenue source was generally consistent for each reportable segment in Note 13, “Segment Information and Geographic Data” for 2024, 2023 and 2022, except in Greater China, where iPhone revenue represented a moderately higher proportion of net sales. As of September 28, 2024 and September 30, 2023, the Company had total deferred revenue of $12.8 billion and $12.1 billion, respectively. As of September 28, 2024, the Company expects 64% of total deferred revenue to be realized in less than a year, 25% within one-to-two years, 9% within two-to-three years and 2% in greater than three years.

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Sep. 28, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table shows the computation of basic and diluted earnings per share for 2024, 2023 and 2022 (net income in millions and shares in thousands): 2024 2023 2022 Numerator: Net income $ 93,736 $ 96,995 $ 99,803 Denominator: Weighted-average basic shares outstanding 15,343,783 15,744,231 16,215,963 Effect of dilutive share-based awards 64,312 68,316 109,856 Weighted-average diluted shares 15,408,095 15,812,547 16,325,819 Basic earnings per share $ 6.11 $ 6.16 $ 6.15 Diluted earnings per share $ 6.08 $ 6.13 $ 6.11 Approximately 24 million restricted stock units (“RSUs”) were excluded from the computation of diluted earnings per share for 2023 because their effect would have been antidilutive.

Financial Instruments

Financial Instruments	12 Months Ended
Financial Instruments	Sep. 28, 2024
Financial Instruments [Abstract]
Financial Instruments	Financial Instruments Cash, Cash Equivalents and Marketable Securities The following tables show the Company’s cash, cash equivalents and marketable securities by significant investment category as of September 28, 2024 and September 30, 2023 (in millions): 2024 Adjusted Unrealized Unrealized Fair Cash and Current Non-Current Cash $ 27,199 $ — $ — $ 27,199 $ 27,199 $ — $ — Level 1: Money market funds 778 — — 778 778 — — Mutual funds 515 105 (3) 617 — 617 — Subtotal 1,293 105 (3) 1,395 778 617 — Level 2 (1) : U.S. Treasury securities 16,150 45 (516) 15,679 212 4,087 11,380 U.S. agency securities 5,431 — (272) 5,159 155 703 4,301 Non-U.S. government securities 17,959 93 (484) 17,568 1,158 10,810 5,600 Certificates of deposit and time deposits 873 — — 873 387 478 8 Commercial paper 1,066 — — 1,066 28 1,038 — Corporate debt securities 65,622 270 (1,953) 63,939 26 16,027 47,886 Municipal securities 412 — (7) 405 — 190 215 Mortgage- and asset-backed securities 24,595 175 (1,403) 23,367 — 1,278 22,089 Subtotal 132,108 583 (4,635) 128,056 1,966 34,611 91,479 Total (2)(3) $ 160,600 $ 688 $ (4,638) $ 156,650 $ 29,943 $ 35,228 $ 91,479 2023 Adjusted Unrealized Unrealized Fair Cash and Current Non-Current Cash $ 28,359 $ — $ — $ 28,359 $ 28,359 $ — $ — Level 1: Money market funds 481 — — 481 481 — — Mutual funds and equity securities 442 12 (26) 428 — 428 — Subtotal 923 12 (26) 909 481 428 — Level 2 (1) : U.S. Treasury securities 19,406 — (1,292) 18,114 35 5,468 12,611 U.S. agency securities 5,736 — (600) 5,136 36 271 4,829 Non-U.S. government securities 17,533 6 (1,048) 16,491 — 11,332 5,159 Certificates of deposit and time deposits 1,354 — — 1,354 1,034 320 — Commercial paper 608 — — 608 — 608 — Corporate debt securities 76,840 6 (5,956) 70,890 20 12,627 58,243 Municipal securities 628 — (26) 602 — 192 410 Mortgage- and asset-backed securities 22,365 6 (2,735) 19,636 — 344 19,292 Subtotal 144,470 18 (11,657) 132,831 1,125 31,162 100,544 Total (3) $ 173,752 $ 30 $ (11,683) $ 162,099 $ 29,965 $ 31,590 $ 100,544 (1) The valuation techniques used to measure the fair values of the Company’s Level 2 financial instruments, which generally have counterparties with high credit ratings, are based on quoted market prices or model-driven valuations using significant inputs derived from or corroborated by observable market data. (2) As of September 28, 2024, cash and cash equivalents included $2.6 billion held in escrow and restricted from general use. These restricted cash and cash equivalents were designated to settle the Company’s obligation related to the State Aid Decision (refer to Note 7, “Income Taxes”). (3) As of September 28, 2024 and September 30, 2023, total marketable securities included $13.2 billion and $13.8 billion, respectively, held in escrow and restricted from general use. The September 28, 2024 restricted marketable securities were designated to settle the Company’s obligation related to the State Aid Decision (refer to Note 7, “Income Taxes”). As of September 28, 2024, 86% of the Company’s non-current marketable debt securities other than mortgage- and asset-backed securities had maturities between 1 and 5 years, 10% between 5 and 10 years, and 4% greater than 10 years. As of September 28, 2024, 14% of the Company’s non-current mortgage- and asset-backed securities had maturities between 1 and 5 years, 9% between 5 and 10 years, and 77% greater than 10 years. The Company’s investments in marketable debt securities have been classified and accounted for as available-for-sale. The Company classifies marketable debt securities as either current or non-current based on each instrument’s underlying maturity. Derivative Instruments and Hedging The Company may use derivative instruments to partially offset its business exposure to foreign exchange and interest rate risk. However, the Company may choose not to hedge certain exposures for a variety of reasons including accounting considerations or the prohibitive economic cost of hedging particular exposures. There can be no assurance the hedges will offset more than a portion of the financial impact resulting from movements in foreign exchange or interest rates. The Company classifies cash flows related to derivative instruments in the same section of the Consolidated Statements of Cash Flows as the items being hedged, which are generally classified as operating activities. Foreign Exchange Rate Risk To protect gross margins from fluctuations in foreign exchange rates, the Company may use forwards, options or other instruments, and may designate these instruments as cash flow hedges. The Company generally hedges portions of its forecasted foreign currency exposure associated with revenue and inventory purchases, typically for up to 12 months. To protect the Company’s foreign currency–denominated term debt or marketable securities from fluctuations in foreign exchange rates, the Company may use forwards, cross-currency swaps or other instruments. The Company designates these instruments as either cash flow or fair value hedges. As of September 28, 2024, the maximum length of time over which the Company is hedging its exposure to the variability in future cash flows for term debt–related foreign currency transactions is 18 years. The Company may also use derivative instruments that are not designated as accounting hedges to protect gross margins from certain fluctuations in foreign exchange rates, as well as to offset a portion of the foreign currency gains and losses generated by the remeasurement of certain assets and liabilities denominated in non-functional currencies. Interest Rate Risk To protect the Company’s term debt or marketable securities from fluctuations in interest rates, the Company may use interest rate swaps, options or other instruments. The Company designates these instruments as either cash flow or fair value hedges. The notional amounts of the Company’s outstanding derivative instruments as of September 28, 2024 and September 30, 2023 were as follows (in millions): 2024 2023 Derivative instruments designated as accounting hedges: Foreign exchange contracts $ 64,069 $ 74,730 Interest rate contracts $ 14,575 $ 19,375 Derivative instruments not designated as accounting hedges: Foreign exchange contracts $ 91,493 $ 104,777 The carrying amounts of the Company’s hedged items in fair value hedges as of September 28, 2024 and September 30, 2023 were as follows (in millions): 2024 2023 Hedged assets/(liabilities): Current and non-current marketable securities $ — $ 14,433 Current and non-current term debt $ (13,505) $ (18,247) Accounts Receivable Trade Receivables The Company’s third-party cellular network carriers accounted for 38% and 41% of total trade receivables as of September 28, 2024 and September 30, 2023, respectively. The Company requires third-party credit support or collateral from certain customers to limit credit risk. Vendor Non-Trade Receivables The Company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of components to these vendors who manufacture subassemblies or assemble final products for the Company. The Company purchases these components directly from suppliers. The Company does not reflect the sale of these components in products net sales. Rather, the Company recognizes any gain on these sales as a reduction of products cost of sales when the related final products are sold by the Company. As of September 28, 2024, the Company had two vendors that individually represented 10% or more of total vendor non-trade receivables, which accounted for 44% and 23%. As of September 30, 2023, the Company had two vendors that individually represented 10% or more of total vendor non-trade receivables, which accounted for 48% and 23%.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
Property, Plant and Equipment	Sep. 28, 2024
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment The following table shows the Company’s gross property, plant and equipment by major asset class and accumulated depreciation as of September 28, 2024 and September 30, 2023 (in millions): 2024 2023 Land and buildings $ 24,690 $ 23,446 Machinery, equipment and internal-use software 80,205 78,314 Leasehold improvements 14,233 12,839 Gross property, plant and equipment 119,128 114,599 Accumulated depreciation (73,448) (70,884) Total property, plant and equipment, net $ 45,680 $ 43,715 Depreciation expense on property, plant and equipment was $8.2 billion, $8.5 billion and $8.7 billion during 2024, 2023 and 2022, respectively.

Consolidated Financial Statemen

Consolidated Financial Statement Details	12 Months Ended
Consolidated Financial Statement Details	Sep. 28, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidated Financial Statement Details	Consolidated Financial Statement Details The following tables show the Company’s consolidated financial statement details as of September 28, 2024 and September 30, 2023 (in millions): Other Non-Current Assets 2024 2023 Deferred tax assets $ 19,499 $ 17,852 Other non-current assets 55,335 46,906 Total other non-current assets $ 74,834 $ 64,758 Other Current Liabilities 2024 2023 Income taxes payable $ 26,601 $ 8,819 Other current liabilities 51,703 50,010 Total other current liabilities $ 78,304 $ 58,829 Other Non-Current Liabilities 2024 2023 Income taxes payable $ 9,254 $ 15,457 Other non-current liabilities 36,634 34,391 Total other non-current liabilities $ 45,888 $ 49,848

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Sep. 28, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes European Commission State Aid Decision On August 30, 2016, the Commission announced its decision that Ireland granted state aid to the Company by providing tax opinions in 1991 and 2007 concerning the tax allocation of profits of the Irish branches of two subsidiaries of the Company (the “State Aid Decision”). The State Aid Decision ordered Ireland to calculate and recover additional taxes from the Company for the period June 2003 through December 2014. Irish legislative changes, effective as of January 2015, eliminated the application of the tax opinions from that date forward. The recovery amount was calculated to be €13.1 billion, plus interest of €1.2 billion. From time to time, the Company requested approval from the Irish Minister for Finance to reduce the recovery amount for certain taxes paid to other countries. As of September 28, 2024, the adjusted recovery amount of €12.7 billion plus interest of €1.2 billion was held in escrow and restricted from general use. The total balance of the escrow, including net unrealized investment gains, was €14.2 billion or $15.8 billion as of September 28, 2024, of which $2.6 billion was classified as cash and cash equivalents and $13.2 billion was classified as current marketable securities in the Consolidated Balance Sheet. Refer to the Cash, Cash Equivalents and Marketable Securities section of Note 4, “Financial Instruments” for more information. The Company and Ireland appealed the State Aid Decision to the General Court of the Court of Justice of the European Union (the “General Court”). On July 15, 2020, the General Court annulled the State Aid Decision. On September 25, 2020, the Commission appealed the General Court’s decision to the European Court of Justice (the “ECJ”) and a hearing was held on May 23, 2023. On September 10, 2024, the ECJ announced that it had set aside the 2020 judgment of the General Court and confirmed the Commission’s 2016 State Aid Decision. As a result, during the fourth quarter of 2024 the Company recorded a one-time income tax charge of $10.2 billion, net, which represents $15.8 billion payable to Ireland via release of the escrow, partially offset by a U.S. foreign tax credit of $4.8 billion and a decrease in unrecognized tax benefits of $823 million. Provision for Income Taxes and Effective Tax Rate The provision for income taxes for 2024, 2023 and 2022, consisted of the following (in millions): 2024 2023 2022 Federal: Current $ 5,571 $ 9,445 $ 7,890 Deferred (3,080) (3,644) (2,265) Total 2,491 5,801 5,625 State: Current 1,726 1,570 1,519 Deferred (298) (49) 84 Total 1,428 1,521 1,603 Foreign: Current 25,483 8,750 8,996 Deferred 347 669 3,076 Total 25,830 9,419 12,072 Provision for income taxes $ 29,749 $ 16,741 $ 19,300 Foreign pretax earnings were $77.3 billion, $72.9 billion and $71.3 billion in 2024, 2023 and 2022, respectively. A reconciliation of the provision for income taxes to the amount computed by applying the statutory federal income tax rate (21% in 2024, 2023 and 2022) to income before provision for income taxes for 2024, 2023 and 2022, is as follows (dollars in millions): 2024 2023 2022 Computed expected tax $ 25,932 $ 23,885 $ 25,012 State taxes, net of federal effect 1,162 1,124 1,518 Impact of the State Aid Decision 10,246 — — Earnings of foreign subsidiaries (5,311) (5,744) (4,366) Research and development credit, net (1,397) (1,212) (1,153) Excess tax benefits from equity awards (893) (1,120) (1,871) Other 10 (192) 160 Provision for income taxes $ 29,749 $ 16,741 $ 19,300 Effective tax rate 24.1 % 14.7 % 16.2 % Deferred Tax Assets and Liabilities As of September 28, 2024 and September 30, 2023, the significant components of the Company’s deferred tax assets and liabilities were (in millions): 2024 2023 Deferred tax assets: Capitalized research and development $ 10,739 $ 6,294 Tax credit carryforwards 8,856 8,302 Accrued liabilities and other reserves 6,114 6,365 Deferred revenue 3,413 4,571 Lease liabilities 2,410 2,421 Unrealized losses 1,173 2,447 Other 2,168 2,343 Total deferred tax assets 34,873 32,743 Less: Valuation allowance (8,866) (8,374) Total deferred tax assets, net 26,007 24,369 Deferred tax liabilities: Depreciation 2,551 1,998 Right-of-use assets 2,125 2,179 Minimum tax on foreign earnings 1,674 1,940 Unrealized gains — 511 Other 455 490 Total deferred tax liabilities 6,805 7,118 Net deferred tax assets $ 19,202 $ 17,251 As of September 28, 2024, the Company had $5.1 billion in foreign tax credit carryforwards in Ireland and $3.6 billion in California R&D credit carryforwards, both of which can be carried forward indefinitely. A valuation allowance has been recorded for the credit carryforwards and a portion of other temporary differences. Uncertain Tax Positions As of September 28, 2024, the total amount of gross unrecognized tax benefits was $22.0 billion, of which $10.8 billion, if recognized, would impact the Company’s effective tax rate. As of September 30, 2023, the total amount of gross unrecognized tax benefits was $19.5 billion, of which $9.5 billion, if recognized, would have impacted the Company’s effective tax rate. The aggregate change in the balance of gross unrecognized tax benefits, which excludes interest and penalties, for 2024, 2023 and 2022, is as follows (in millions): 2024 2023 2022 Beginning balances $ 19,454 $ 16,758 $ 15,477 Increases related to tax positions taken during a prior year 1,727 2,044 2,284 Decreases related to tax positions taken during a prior year (386) (1,463) (1,982) Increases related to tax positions taken during the current year 2,542 2,628 1,936 Decreases related to settlements with taxing authorities (1,070) (19) (28) Decreases related to expiration of the statute of limitations (229) (494) (929) Ending balances $ 22,038 $ 19,454 $ 16,758 The Company is subject to taxation and files income tax returns in the U.S. federal jurisdiction and many state and foreign jurisd ictions. Tax years after 2017 for the U.S. federal jurisdiction, and after 2014 in certain major foreign jurisdictions, remain subject to examination. Altho ugh the timing of resolution or closure of examinations is not certain, the Company believes it is reasonably possible that its gross unrecognized tax benefits could decrease between approximately $5 billion and $13 billion in the next 12 months, primarily related to intercompany transfer pricing and deemed repatriation tax.

Leases

Leases	12 Months Ended
Leases	Sep. 28, 2024
Leases [Abstract]
Leases	Leases The Company has lease arrangements for certain equipment and facilities, including corporate, data center, manufacturing and retail space. These leases typically have original terms not exceeding 10 years and generally contain multiyear renewal options, some of which are reasonably certain of exercise. Payments under the Company’s lease arrangements may be fixed or variable, and variable lease payments are primarily based on purchases of output of the underlying leased assets. Lease costs associated with fixed payments on the Company’s operating leases were $2.0 billion for both 2024 and 2023 and $1.9 billion for 2022. Lease costs associated with variable payments on the Company’s leases were $13.8 billion, $13.9 billion and $14.9 billion for 2024, 2023 and 2022, respectively. The Company made fixed cash payments related to operating leases of $1.9 billion in both 2024 and 2023 and $1.8 billion in 2022. Noncash activities involving right-of-use (“ROU”) assets obtained in exchange for lease liabilities were $1.0 billion, $2.1 billion and $2.8 billion for 2024, 2023 and 2022, respectively. The following table shows ROU assets and lease liabilities, and the associated financial statement line items, as of September 28, 2024 and September 30, 2023 (in millions): Lease-Related Assets and Liabilities Financial Statement Line Items 2024 2023 Right-of-use assets: Operating leases Other non-current assets $ 10,234 $ 10,661 Finance leases Property, plant and equipment, net 1,069 1,015 Total right-of-use assets $ 11,303 $ 11,676 Lease liabilities: Operating leases Other current liabilities $ 1,488 $ 1,410 Other non-current liabilities 10,046 10,408 Finance leases Other current liabilities 144 165 Other non-current liabilities 752 859 Total lease liabilities $ 12,430 $ 12,842 Lease liability maturities as of September 28, 2024, are as follows (in millions): Operating Finance Total 2025 $ 1,820 $ 171 $ 1,991 2026 1,914 131 2,045 2027 1,674 59 1,733 2028 1,360 38 1,398 2029 1,187 36 1,223 Thereafter 5,563 837 6,400 Total undiscounted liabilities 13,518 1,272 14,790 Less: Imputed interest (1,984) (376) (2,360) Total lease liabilities $ 11,534 $ 896 $ 12,430 The weighted-average remaining lease term related to the Company’s lease liabilities as of September 28, 2024 and September 30, 2023 was 10.3 years and 10.6 years, respectively. The discount rate related to the Company’s lease liabilities as of September 28, 2024 and September 30, 2023 was 3.1% and 3.0%, respectively. The discount rates related to the Company’s lease liabilities are generally based on estimates of the Company’s incremental borrowing rate, as the discount rates implicit in the Company’s leases cannot be readily determined. As of September 28, 2024, the Company had $849 million of fixed payment obligations under additional leases, primarily for corporate facilities and retail space, that had not yet commenced. These leases will commence between 2025 and 2026, with lease terms ranging from less than 1 year to 21 years.
Leases	Leases The Company has lease arrangements for certain equipment and facilities, including corporate, data center, manufacturing and retail space. These leases typically have original terms not exceeding 10 years and generally contain multiyear renewal options, some of which are reasonably certain of exercise. Payments under the Company’s lease arrangements may be fixed or variable, and variable lease payments are primarily based on purchases of output of the underlying leased assets. Lease costs associated with fixed payments on the Company’s operating leases were $2.0 billion for both 2024 and 2023 and $1.9 billion for 2022. Lease costs associated with variable payments on the Company’s leases were $13.8 billion, $13.9 billion and $14.9 billion for 2024, 2023 and 2022, respectively. The Company made fixed cash payments related to operating leases of $1.9 billion in both 2024 and 2023 and $1.8 billion in 2022. Noncash activities involving right-of-use (“ROU”) assets obtained in exchange for lease liabilities were $1.0 billion, $2.1 billion and $2.8 billion for 2024, 2023 and 2022, respectively. The following table shows ROU assets and lease liabilities, and the associated financial statement line items, as of September 28, 2024 and September 30, 2023 (in millions): Lease-Related Assets and Liabilities Financial Statement Line Items 2024 2023 Right-of-use assets: Operating leases Other non-current assets $ 10,234 $ 10,661 Finance leases Property, plant and equipment, net 1,069 1,015 Total right-of-use assets $ 11,303 $ 11,676 Lease liabilities: Operating leases Other current liabilities $ 1,488 $ 1,410 Other non-current liabilities 10,046 10,408 Finance leases Other current liabilities 144 165 Other non-current liabilities 752 859 Total lease liabilities $ 12,430 $ 12,842 Lease liability maturities as of September 28, 2024, are as follows (in millions): Operating Finance Total 2025 $ 1,820 $ 171 $ 1,991 2026 1,914 131 2,045 2027 1,674 59 1,733 2028 1,360 38 1,398 2029 1,187 36 1,223 Thereafter 5,563 837 6,400 Total undiscounted liabilities 13,518 1,272 14,790 Less: Imputed interest (1,984) (376) (2,360) Total lease liabilities $ 11,534 $ 896 $ 12,430 The weighted-average remaining lease term related to the Company’s lease liabilities as of September 28, 2024 and September 30, 2023 was 10.3 years and 10.6 years, respectively. The discount rate related to the Company’s lease liabilities as of September 28, 2024 and September 30, 2023 was 3.1% and 3.0%, respectively. The discount rates related to the Company’s lease liabilities are generally based on estimates of the Company’s incremental borrowing rate, as the discount rates implicit in the Company’s leases cannot be readily determined. As of September 28, 2024, the Company had $849 million of fixed payment obligations under additional leases, primarily for corporate facilities and retail space, that had not yet commenced. These leases will commence between 2025 and 2026, with lease terms ranging from less than 1 year to 21 years.

Debt

Debt	12 Months Ended
Debt	Sep. 28, 2024
Debt Disclosure [Abstract]
Debt	Debt Commercial Paper The Company issues unsecured short-term promissory notes pursuant to a commercial paper program. The Company uses net proceeds from the commercial paper program for general corporate purposes, including dividends and share repurchases. As of September 28, 2024 and September 30, 2023, the Company had $10.0 billion and $6.0 billion of commercial paper outstanding, respectively, with maturities generally less than nine months. The weighted-average interest rate of the Company’s commercial paper was 5.00% and 5.28% as of September 28, 2024 and September 30, 2023, respectively. The following table provides a summary of cash flows associated with the issuance and maturities of commercial paper for 2024, 2023 and 2022 (in millions): 2024 2023 2022 Maturities 90 days or less: Proceeds from/(Repayments of) commercial paper, net $ 3,960 $ (1,333) $ 5,264 Maturities greater than 90 days: Proceeds from commercial paper — — 5,948 Repayments of commercial paper — (2,645) (7,257) Proceeds from/(Repayments of) commercial paper, net — (2,645) (1,309) Total proceeds from/(repayments of) commercial paper, net $ 3,960 $ (3,978) $ 3,955 Term Debt The Company has outstanding Notes, which are senior unsecured obligations with interest payable in arrears. The following table provides a summary of the Company’s term debt as of September 28, 2024 and September 30, 2023: Maturities (calendar year) 2024 2023 Amount (in millions) Effective Amount (in millions) Effective 2013 – 2023 debt issuances: Fixed-rate 0.000% – 4.850% notes 2024 – 2062 $ 97,341 0.03% – 6.65% $ 106,572 0.03% – 6.72% Total term debt principal 97,341 106,572 Unamortized premium/(discount) and issuance costs, net (321) (356) Hedge accounting fair value adjustments (358) (1,113) Total term debt 96,662 105,103 Less: Current portion of term debt (10,912) (9,822) Total non-current portion of term debt $ 85,750 $ 95,281 To manage interest rate risk on certain of its U.S. dollar–denominated fixed-rate notes, the Company uses interest rate swaps to effectively convert the fixed interest rates to floating interest rates on a portion of these notes. Additionally, to manage foreign exchange rate risk on certain of its foreign currency–denominated notes, the Company uses cross-currency swaps to effectively convert these notes to U.S. dollar–denominated notes. The effective interest rates for the Notes include the interest on the Notes, amortization of the discount or premium and, if applicable, adjustments related to hedging. The future principal payments for the Company’s Notes as of September 28, 2024, are as follows (in millions): 2025 $ 10,930 2026 12,342 2027 9,936 2028 7,800 2029 5,153 Thereafter 51,180 Total term debt principal $ 97,341 As of September 28, 2024 and September 30, 2023, the fair value of the Company’s Notes, based on Level 2 inputs, was $88.4 billion and $90.8 billion, respectively.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
Shareholders' Equity	Sep. 28, 2024
Equity [Abstract]
Shareholders' Equity	Shareholders’ Equity Share Repurchase Program During 2024, the Company repurchased 499 million shares of its common stock for $95.0 billion. The Company’s share repurchase programs do not obligate the Company to acquire a minimum amount of shares. Under the programs, shares may be repurchased in privately negotiated or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act. Shares of Common Stock The following table shows the changes in shares of common stock for 2024, 2023 and 2022 (in thousands): 2024 2023 2022 Common stock outstanding, beginning balances 15,550,061 15,943,425 16,426,786 Common stock repurchased (499,372) (471,419) (568,589) Common stock issued, net of shares withheld for employee taxes 66,097 78,055 85,228 Common stock outstanding, ending balances 15,116,786 15,550,061 15,943,425

Share-Based Compensation

Share-Based Compensation	12 Months Ended
Share-Based Compensation	Sep. 28, 2024
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation	Share-Based Compensation 2022 Employee Stock Plan The Apple Inc. 2022 Employee Stock Plan (the “2022 Plan”) is a shareholder-approved plan that provides for broad-based equity grants to employees, including executive officers, and permits the granting of RSUs, stock grants, performance-based awards, stock options and stock appreciation rights. RSUs granted under the 2022 Plan generally vest over four years, based on continued employment, and are settled upon vesting in shares of the Company’s common stock on a one-for-one basis. All RSUs granted under the 2022 Plan have dividend equivalent rights, which entitle holders of RSUs to the same dividend value per share as holders of common stock. A maximum of approximately 1.3 billion shares were authorized for issuance pursuant to 2022 Plan awards at the time the plan was approved on March 4, 2022. 2014 Employee Stock Plan The Apple Inc. 2014 Employee Stock Plan, as amended and restated (the “2014 Plan”), is a shareholder-approved plan that provided for broad-based equity grants to employees, including executive officers. The 2014 Plan permitted the granting of the same types of equity awards with substantially the same terms as the 2022 Plan. The 2014 Plan also permitted the granting of cash bonus awards. In the third quarter of 2022, the Company terminated the authority to grant new awards under the 2014 Plan. Restricted Stock Units A summary of the Company’s RSU activity and related information for 2024, 2023 and 2022, is as follows: Number of RSUs (in thousands) Weighted-Average Grant-Date Fair Value Per RSU Aggregate Fair Value (in millions) Balance as of September 25, 2021 240,427 $ 75.16 RSUs granted 91,674 $ 150.70 RSUs vested (115,861) $ 72.12 RSUs canceled (14,739) $ 99.77 Balance as of September 24, 2022 201,501 $ 109.48 RSUs granted 88,768 $ 150.87 RSUs vested (101,878) $ 97.31 RSUs canceled (8,144) $ 127.98 Balance as of September 30, 2023 180,247 $ 135.91 RSUs granted 80,456 $ 173.78 RSUs vested (87,633) $ 127.59 RSUs canceled (9,744) $ 140.80 Balance as of September 28, 2024 163,326 $ 158.73 $ 37,204 The fair value as of the respective vesting dates of RSUs was $15.8 billion, $15.9 billion and $18.2 billion for 2024, 2023 and 2022, respectively. The majority of RSUs that vested in 2024, 2023 and 2022 were net share settled such that the Company withheld shares with a value equivalent to the employees’ obligation for the applicable income and other employment taxes, and remitted cash to the appropriate taxing authorities. The total shares withheld were approximately 31 million, 37 million and 41 million for 2024, 2023 and 2022, respectively, and were based on the value of the RSUs on their respective vesting dates as determined by the Company’s closing stock price. Total payments to taxing authorities for employees’ tax obligations were $5.6 billion in both 2024 and 2023 and $6.4 billion in 2022. Share-Based Compensation The following table shows share-based compensation expense and the related income tax benefit included in the Consolidated Statements of Operations for 2024, 2023 and 2022 (in millions): 2024 2023 2022 Share-based compensation expense $ 11,688 $ 10,833 $ 9,038 Income tax benefit related to share-based compensation expense $ (3,350) $ (3,421) $ (4,002) As of September 28, 2024, the total unrecognized compensation cost related to outstanding RSUs was $19.4 billion, which the Company expects to recognize over a weighted-average period of 2.4 years.

Commitments, Contingencies and

Commitments, Contingencies and Supply Concentrations	12 Months Ended
Commitments, Contingencies and Supply Concentrations	Sep. 28, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Supply Concentrations	Commitments, Contingencies and Supply Concentrations Unconditional Purchase Obligations The Company has entered into certain off–balance sheet commitments that require the future purchase of goods or services (“unconditional purchase obligations”). The Company’s unconditional purchase obligations primarily consist of supplier arrangements, licensed intellectual property and content, and distribution rights. Future payments under unconditional purchase obligations with a remaining term in excess of one year as of September 28, 2024, are as follows (in millions): 2025 $ 3,206 2026 2,440 2027 1,156 2028 3,121 2029 633 Thereafter 670 Total $ 11,226 Contingencies The Company is subject to various legal proceedings and claims that have arisen in the ordinary course of business and that have not been fully resolved. The outcome of litigation is inherently uncertain. In the opinion of management, there was not at least a reasonable possibility the Company may have incurred a material loss, or a material loss greater than a recorded accrual, concerning loss contingencies for asserted legal and other claims. Concentrations in the Available Sources of Supply of Materials and Product Although most components essential to the Company’s business are generally available from multiple sources, certain components are currently obtained from single or limited sources. The Company also competes for various components with other participants in the markets for smartphones, personal computers, tablets, wearables and accessories. Therefore, many components used by the Company, including those that are available from multiple sources, are at times subject to industry-wide shortage and significant commodity pricing fluctuations. The Company uses some custom components that are not commonly used by its competitors, and new products introduced by the Company often utilize custom components available from only one source. When a component or product uses new technologies, initial capacity constraints may exist until the suppliers’ yields have matured or their manufacturing capacities have increased. The continued availability of these components at acceptable prices, or at all, may be affected if suppliers decide to concentrate on the production of common components instead of components customized to meet the Company’s requirements. Substantially all of the Company’s hardware products are manufactured by outsourcing partners that are located primarily in China mainland, India, Japan, South Korea, Taiwan and Vietnam.

Segment Information and Geograp

Segment Information and Geographic Data	12 Months Ended
Segment Information and Geographic Data	Sep. 28, 2024
Segment Reporting [Abstract]
Segment Information and Geographic Data	Segment Information and Geographic Data The Company manages its business primarily on a geographic basis. The Company’s reportable segments consist of the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. Americas includes both North and South America. Europe includes European countries, as well as India, the Middle East and Africa. Greater China includes China mainland, Hong Kong and Taiwan. Rest of Asia Pacific includes Australia and those Asian countries not included in the Company’s other reportable segments. Although the reportable segments provide similar hardware and software products and similar services, each one is managed separately to better align with the location of the Company’s customers and distribution partners and the unique market dynamics of each geographic region. The Company evaluates the performance of its reportable segments based on net sales and operating income. Net sales for geographic segments are generally based on the location of customers and sales through the Company’s retail stores located in those geographic locations. Operating income for each segment consists of net sales to third parties, related cost of sales, and operating expenses directly attributable to the segment. The information provided to the Company’s chief operating decision maker for purposes of making decisions and assessing segment performance excludes asset information. The following table shows information by reportable segment for 2024, 2023 and 2022 (in millions): 2024 2023 2022 Americas: Net sales $ 167,045 $ 162,560 $ 169,658 Operating income $ 67,656 $ 60,508 $ 62,683 Europe: Net sales $ 101,328 $ 94,294 $ 95,118 Operating income $ 41,790 $ 36,098 $ 35,233 Greater China: Net sales $ 66,952 $ 72,559 $ 74,200 Operating income $ 27,082 $ 30,328 $ 31,153 Japan: Net sales $ 25,052 $ 24,257 $ 25,977 Operating income $ 12,454 $ 11,888 $ 12,257 Rest of Asia Pacific: Net sales $ 30,658 $ 29,615 $ 29,375 Operating income $ 13,062 $ 12,066 $ 11,569 A reconciliation of the Company’s segment operating income to the Consolidated Statements of Operations for 2024, 2023 and 2022 is as follows (in millions): 2024 2023 2022 Segment operating income $ 162,044 $ 150,888 $ 152,895 Research and development expense (31,370) (29,915) (26,251) Other corporate expenses, net (1) (7,458) (6,672) (7,207) Total operating income $ 123,216 $ 114,301 $ 119,437 (1) Includes general and administrative compensation costs, various nonrecurring charges, and other separately managed costs. The following tables show net sales for 2024, 2023 and 2022 and long-lived assets as of September 28, 2024 and September 30, 2023 for countries that individually accounted for 10% or more of the respective totals, as well as aggregate amounts for the remaining countries (in millions): 2024 2023 2022 Net sales: U.S. $ 142,196 $ 138,573 $ 147,859 China (1) 66,952 72,559 74,200 Other countries 181,887 172,153 172,269 Total net sales $ 391,035 $ 383,285 $ 394,328 2024 2023 Long-lived assets: U.S. $ 35,664 $ 33,276 China (1) 4,797 5,778 Other countries 5,219 4,661 Total long-lived assets $ 45,680 $ 43,715 (1) China includes Hong Kong and Taiwan.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Pay vs Performance Disclosure
Net income	$ 93,736	$ 96,995	$ 99,803

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	12 Months Ended
Insider Trading Arrangements	Sep. 28, 2024 shares	Sep. 28, 2024 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Deirdre O'Brien [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		On August 27, 2024, Deirdre O’Brien, the Company’s Senior Vice President, Retail, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. The plan provides for the sale, subject to certain price limits, of shares vesting between April 1, 2025 and October 1, 2026, pursuant to certain equity awards granted to Ms. O’Brien, excluding any shares withheld by the Company to satisfy income tax withholding and remittance obligations. Ms. O’Brien’s plan will expire on December 31, 2026, subject to early termination in accordance with the terms of the plan.
Name	Deirdre O’Brien
Title	Senior Vice President, Retail
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	August 27, 2024
Expiration Date	December 31, 2026
Arrangement Duration	856 days
Jeff Williams [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		On August 29, 2024, Jeff Williams, the Company’s Chief Operating Officer, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. The plan provides for the sale, subject to certain price limits, of up to 100,000 shares of common stock, as well as shares vesting between April 1, 2025 and October 1, 2025, pursuant to certain equity awards granted to Mr. Williams, excluding any shares withheld by the Company to satisfy income tax withholding and remittance obligations. Mr. Williams’ plan will expire on December 15, 2025, subject to early termination in accordance with the terms of the plan.
Name	Jeff Williams
Title	Chief Operating Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	August 29, 2024
Expiration Date	December 15, 2025
Arrangement Duration	473 days
Aggregate Available	100,000	100,000

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Sep. 28, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 28, 2024
Accounting Policies [Abstract]
Basis of Presentation and Preparation	Basis of Presentation and Preparation The consolidated financial statements include the accounts of Apple Inc. and its wholly owned subsidiaries. The preparation of these consolidated financial statements and accompanying notes in conformity with GAAP requires the use of management estimates. Certain prior period amounts in the consolidated financial statements and accompanying notes have been reclassified to conform to the current period’s presentation.
Fiscal Period	The Company’s fiscal year is the 52- or 53-week period that ends on the last Saturday of September. An additional week is included in the first fiscal quarter every five or six years to realign the Company’s fiscal quarters with calendar quarters, which occurred in the first fiscal quarter of 2023. The Company’s fiscal years 2024 and 2022 spanned 52 weeks each, whereas fiscal year 2023 spanned 53 weeks. Unless otherwise stated, references to particular years, quarters, months and periods refer to the Company’s fiscal years ended in September and the associated quarters, months and periods of those fiscal years.
Revenue	Revenue The Company records revenue net of taxes collected from customers that are remitted to governmental authorities. The Company recognizes revenue at the amount to which it expects to be entitled when control of the products or services is transferred to its customers. Control is generally transferred when the Company has a present right to payment and title and the significant risks and rewards of ownership of products or services are transferred to its customers. For most of the Company’s Products net sales, control transfers when products are shipped. For the Company’s Services net sales, control transfers over time as services are delivered. Payment for Products and Services net sales is collected within a short period following transfer of control or commencement of delivery of services, as applicable. The Company records reductions to Products net sales related to future product returns, price protection and other customer incentive programs based on the Company’s expectations and historical experience. For arrangements with multiple performance obligations, which represent promises within an arrangement that are distinct, the Company allocates revenue to all distinct performance obligations based on their relative stand-alone selling prices (“SSPs”). When available, the Company uses observable prices to determine SSPs. When observable prices are not available, SSPs are established that reflect the Company’s best estimates of what the selling prices of the performance obligations would be if they were sold regularly on a stand-alone basis. The Company’s process for estimating SSPs without observable prices considers multiple factors that may vary depending upon the unique facts and circumstances related to each performance obligation including, where applicable, prices charged by the Company for similar offerings, market trends in the pricing for similar offerings, product-specific business objectives and the estimated cost to provide the performance obligation. The Company has identified the performance obligations regularly included in arrangements involving the sale of iPhone, Mac and iPad. The first material performance obligation, which represents the substantial portion of the allocated sales price, is the hardware and bundled software delivered at the time of sale. The second material performance obligation is the right to receive certain product-related bundled services, which include iCloud ® , Siri ® and Maps. The Company allocates revenue and any related discounts to all of its performance obligations based on their relative SSPs. Because the Company lacks observable prices for product-related bundled services, the allocation of revenue is based on the Company’s estimated SSPs. Revenue allocated to the delivered hardware and bundled software is recognized when control has transferred to the customer, which generally occurs when the product is shipped. Revenue allocated to product-related bundled services is deferred and recognized on a straight-line basis over the estimated period they are expected to be provided. For certain long-term service arrangements, the Company has performance obligations for services it has not yet delivered. For these arrangements, the Company does not have a right to bill for the undelivered services. The Company has determined that any unbilled consideration relates entirely to the value of the undelivered services. Accordingly, the Company has not recognized revenue, and does not disclose amounts, related to these undelivered services. For the sale of third-party products where the Company obtains control of the product before transferring it to the customer, the Company recognizes revenue based on the gross amount billed to customers. The Company considers multiple factors when determining whether it obtains control of third-party products, including evaluating if it can establish the price of the product, retains inventory risk for tangible products or has the responsibility for ensuring acceptability of the product. For third-party applications sold through the App Store, the Company does not obtain control of the product before transferring it to the customer. Therefore, the Company accounts for all third-party application–related sales on a net basis by recognizing in Services net sales only the commission it retains.
Share-Based Compensation	Share-Based Compensation The Company recognizes share-based compensation expense on a straight-line basis for its estimate of equity awards that will ultimately vest.
Cash Equivalents	Cash Equivalents All highly liquid investments with maturities of three months or less at the date of purchase are treated as cash equivalents.
Marketable Securities	Marketable Securities The cost of securities sold is determined using the specific identification method. The Company’s investments in marketable debt securities have been classified and accounted for as available-for-sale. The Company classifies marketable debt securities as either current or non-current based on each instrument’s underlying maturity.
Inventories	Inventories Inventories are measured using the first-in, first-out method.
Property, Plant and Equipment	Property, Plant and Equipment Depreciation on property, plant and equipment is recognized on a straight-line basis.
Derivative Instruments	Derivative Instruments The Company presents derivative assets and liabilities at their gross fair values in the Consolidated Balance Sheets. The Company classifies cash flows related to derivative instruments in the same section of the Consolidated Statements of Cash Flows as the items being hedged, which are generally classified as operating activities.
Income Taxes	Income Taxes The Company records certain deferred tax assets and liabilities in connection with the minimum tax on certain foreign earnings created by the TCJA.
Leases	Leases The Company combines and accounts for lease and nonlease components as a single lease component for leases of corporate, data center and retail facilities.
Fair Value Measurements	The valuation techniques used to measure the fair values of the Company’s Level 2 financial instruments, which generally have counterparties with high credit ratings, are based on quoted market prices or model-driven valuations using significant inputs derived from or corroborated by observable market data.
Segment Reporting	The Company manages its business primarily on a geographic basis. The Company’s reportable segments consist of the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. Americas includes both North and South America. Europe includes European countries, as well as India, the Middle East and Africa. Greater China includes China mainland, Hong Kong and Taiwan. Rest of Asia Pacific includes Australia and those Asian countries not included in the Company’s other reportable segments. Although the reportable segments provide similar hardware and software products and similar services, each one is managed separately to better align with the location of the Company’s customers and distribution partners and the unique market dynamics of each geographic region. The Company evaluates the performance of its reportable segments based on net sales and operating income. Net sales for geographic segments are generally based on the location of customers and sales through the Company’s retail stores located in those geographic locations. Operating income for each segment consists of net sales to third parties, related cost of sales, and operating expenses directly attributable to the segment. The information provided to the Company’s chief operating decision maker for purposes of making decisions and assessing segment performance excludes asset information.

Revenue (Tables)

Revenue (Tables)	12 Months Ended
Revenue (Tables)	Sep. 28, 2024
Revenue from Contract with Customer [Abstract]
Net Sales Disaggregated by Significant Products and Services	Net sales disaggregated by significant products and services for 2024, 2023 and 2022 were as follows (in millions): 2024 2023 2022 iPhone $ 201,183 $ 200,583 $ 205,489 Mac 29,984 29,357 40,177 iPad 26,694 28,300 29,292 Wearables, Home and Accessories 37,005 39,845 41,241 Services (1) 96,169 85,200 78,129 Total net sales $ 391,035 $ 383,285 $ 394,328 (1) Services net sales include amortization of the deferred value of services bundled in the sales price of certain products.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Sep. 28, 2024
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table shows the computation of basic and diluted earnings per share for 2024, 2023 and 2022 (net income in millions and shares in thousands): 2024 2023 2022 Numerator: Net income $ 93,736 $ 96,995 $ 99,803 Denominator: Weighted-average basic shares outstanding 15,343,783 15,744,231 16,215,963 Effect of dilutive share-based awards 64,312 68,316 109,856 Weighted-average diluted shares 15,408,095 15,812,547 16,325,819 Basic earnings per share $ 6.11 $ 6.16 $ 6.15 Diluted earnings per share $ 6.08 $ 6.13 $ 6.11

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
Financial Instruments (Tables)	Sep. 28, 2024
Financial Instruments [Abstract]
Cash, Cash Equivalents and Marketable Securities by Significant Investment Category	The following tables show the Company’s cash, cash equivalents and marketable securities by significant investment category as of September 28, 2024 and September 30, 2023 (in millions): 2024 Adjusted Unrealized Unrealized Fair Cash and Current Non-Current Cash $ 27,199 $ — $ — $ 27,199 $ 27,199 $ — $ — Level 1: Money market funds 778 — — 778 778 — — Mutual funds 515 105 (3) 617 — 617 — Subtotal 1,293 105 (3) 1,395 778 617 — Level 2 (1) : U.S. Treasury securities 16,150 45 (516) 15,679 212 4,087 11,380 U.S. agency securities 5,431 — (272) 5,159 155 703 4,301 Non-U.S. government securities 17,959 93 (484) 17,568 1,158 10,810 5,600 Certificates of deposit and time deposits 873 — — 873 387 478 8 Commercial paper 1,066 — — 1,066 28 1,038 — Corporate debt securities 65,622 270 (1,953) 63,939 26 16,027 47,886 Municipal securities 412 — (7) 405 — 190 215 Mortgage- and asset-backed securities 24,595 175 (1,403) 23,367 — 1,278 22,089 Subtotal 132,108 583 (4,635) 128,056 1,966 34,611 91,479 Total (2)(3) $ 160,600 $ 688 $ (4,638) $ 156,650 $ 29,943 $ 35,228 $ 91,479 2023 Adjusted Unrealized Unrealized Fair Cash and Current Non-Current Cash $ 28,359 $ — $ — $ 28,359 $ 28,359 $ — $ — Level 1: Money market funds 481 — — 481 481 — — Mutual funds and equity securities 442 12 (26) 428 — 428 — Subtotal 923 12 (26) 909 481 428 — Level 2 (1) : U.S. Treasury securities 19,406 — (1,292) 18,114 35 5,468 12,611 U.S. agency securities 5,736 — (600) 5,136 36 271 4,829 Non-U.S. government securities 17,533 6 (1,048) 16,491 — 11,332 5,159 Certificates of deposit and time deposits 1,354 — — 1,354 1,034 320 — Commercial paper 608 — — 608 — 608 — Corporate debt securities 76,840 6 (5,956) 70,890 20 12,627 58,243 Municipal securities 628 — (26) 602 — 192 410 Mortgage- and asset-backed securities 22,365 6 (2,735) 19,636 — 344 19,292 Subtotal 144,470 18 (11,657) 132,831 1,125 31,162 100,544 Total (3) $ 173,752 $ 30 $ (11,683) $ 162,099 $ 29,965 $ 31,590 $ 100,544 (1) The valuation techniques used to measure the fair values of the Company’s Level 2 financial instruments, which generally have counterparties with high credit ratings, are based on quoted market prices or model-driven valuations using significant inputs derived from or corroborated by observable market data. (2) As of September 28, 2024, cash and cash equivalents included $2.6 billion held in escrow and restricted from general use. These restricted cash and cash equivalents were designated to settle the Company’s obligation related to the State Aid Decision (refer to Note 7, “Income Taxes”). (3) As of September 28, 2024 and September 30, 2023, total marketable securities included $13.2 billion and $13.8 billion, respectively, held in escrow and restricted from general use. The September 28, 2024 restricted marketable securities were designated to settle the Company’s obligation related to the State Aid Decision (refer to Note 7, “Income Taxes”).
Notional Amounts of Outstanding Derivative Instruments	The notional amounts of the Company’s outstanding derivative instruments as of September 28, 2024 and September 30, 2023 were as follows (in millions): 2024 2023 Derivative instruments designated as accounting hedges: Foreign exchange contracts $ 64,069 $ 74,730 Interest rate contracts $ 14,575 $ 19,375 Derivative instruments not designated as accounting hedges: Foreign exchange contracts $ 91,493 $ 104,777
Carrying Amounts of Hedged Items in Fair Value Hedges	The carrying amounts of the Company’s hedged items in fair value hedges as of September 28, 2024 and September 30, 2023 were as follows (in millions): 2024 2023 Hedged assets/(liabilities): Current and non-current marketable securities $ — $ 14,433 Current and non-current term debt $ (13,505) $ (18,247)

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
Property, Plant and Equipment (Tables)	Sep. 28, 2024
Property, Plant and Equipment [Abstract]
Gross Property, Plant and Equipment by Major Asset Class and Accumulated Depreciation	The following table shows the Company’s gross property, plant and equipment by major asset class and accumulated depreciation as of September 28, 2024 and September 30, 2023 (in millions): 2024 2023 Land and buildings $ 24,690 $ 23,446 Machinery, equipment and internal-use software 80,205 78,314 Leasehold improvements 14,233 12,839 Gross property, plant and equipment 119,128 114,599 Accumulated depreciation (73,448) (70,884) Total property, plant and equipment, net $ 45,680 $ 43,715

Consolidated Financial Statem_2

Consolidated Financial Statement Details (Tables)	12 Months Ended
Consolidated Financial Statement Details (Tables)	Sep. 28, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Other Non-Current Assets	Other Non-Current Assets 2024 2023 Deferred tax assets $ 19,499 $ 17,852 Other non-current assets 55,335 46,906 Total other non-current assets $ 74,834 $ 64,758
Other Current Liabilities	Other Current Liabilities 2024 2023 Income taxes payable $ 26,601 $ 8,819 Other current liabilities 51,703 50,010 Total other current liabilities $ 78,304 $ 58,829
Other Non-Current Liabilities	Other Non-Current Liabilities 2024 2023 Income taxes payable $ 9,254 $ 15,457 Other non-current liabilities 36,634 34,391 Total other non-current liabilities $ 45,888 $ 49,848

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Sep. 28, 2024
Income Tax Disclosure [Abstract]
Provision for Income Taxes	The provision for income taxes for 2024, 2023 and 2022, consisted of the following (in millions): 2024 2023 2022 Federal: Current $ 5,571 $ 9,445 $ 7,890 Deferred (3,080) (3,644) (2,265) Total 2,491 5,801 5,625 State: Current 1,726 1,570 1,519 Deferred (298) (49) 84 Total 1,428 1,521 1,603 Foreign: Current 25,483 8,750 8,996 Deferred 347 669 3,076 Total 25,830 9,419 12,072 Provision for income taxes $ 29,749 $ 16,741 $ 19,300
Reconciliation of Provision for Income Taxes to Amount Computed by Applying the Statutory Federal Income Tax Rate to Income Before Provision for Income Taxes	A reconciliation of the provision for income taxes to the amount computed by applying the statutory federal income tax rate (21% in 2024, 2023 and 2022) to income before provision for income taxes for 2024, 2023 and 2022, is as follows (dollars in millions): 2024 2023 2022 Computed expected tax $ 25,932 $ 23,885 $ 25,012 State taxes, net of federal effect 1,162 1,124 1,518 Impact of the State Aid Decision 10,246 — — Earnings of foreign subsidiaries (5,311) (5,744) (4,366) Research and development credit, net (1,397) (1,212) (1,153) Excess tax benefits from equity awards (893) (1,120) (1,871) Other 10 (192) 160 Provision for income taxes $ 29,749 $ 16,741 $ 19,300 Effective tax rate 24.1 % 14.7 % 16.2 %
Significant Components of Deferred Tax Assets and Liabilities	As of September 28, 2024 and September 30, 2023, the significant components of the Company’s deferred tax assets and liabilities were (in millions): 2024 2023 Deferred tax assets: Capitalized research and development $ 10,739 $ 6,294 Tax credit carryforwards 8,856 8,302 Accrued liabilities and other reserves 6,114 6,365 Deferred revenue 3,413 4,571 Lease liabilities 2,410 2,421 Unrealized losses 1,173 2,447 Other 2,168 2,343 Total deferred tax assets 34,873 32,743 Less: Valuation allowance (8,866) (8,374) Total deferred tax assets, net 26,007 24,369 Deferred tax liabilities: Depreciation 2,551 1,998 Right-of-use assets 2,125 2,179 Minimum tax on foreign earnings 1,674 1,940 Unrealized gains — 511 Other 455 490 Total deferred tax liabilities 6,805 7,118 Net deferred tax assets $ 19,202 $ 17,251
Aggregate Changes in Gross Unrecognized Tax Benefits	The aggregate change in the balance of gross unrecognized tax benefits, which excludes interest and penalties, for 2024, 2023 and 2022, is as follows (in millions): 2024 2023 2022 Beginning balances $ 19,454 $ 16,758 $ 15,477 Increases related to tax positions taken during a prior year 1,727 2,044 2,284 Decreases related to tax positions taken during a prior year (386) (1,463) (1,982) Increases related to tax positions taken during the current year 2,542 2,628 1,936 Decreases related to settlements with taxing authorities (1,070) (19) (28) Decreases related to expiration of the statute of limitations (229) (494) (929) Ending balances $ 22,038 $ 19,454 $ 16,758

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Sep. 28, 2024
Leases [Abstract]
ROU Assets and Lease Liabilities	The following table shows ROU assets and lease liabilities, and the associated financial statement line items, as of September 28, 2024 and September 30, 2023 (in millions): Lease-Related Assets and Liabilities Financial Statement Line Items 2024 2023 Right-of-use assets: Operating leases Other non-current assets $ 10,234 $ 10,661 Finance leases Property, plant and equipment, net 1,069 1,015 Total right-of-use assets $ 11,303 $ 11,676 Lease liabilities: Operating leases Other current liabilities $ 1,488 $ 1,410 Other non-current liabilities 10,046 10,408 Finance leases Other current liabilities 144 165 Other non-current liabilities 752 859 Total lease liabilities $ 12,430 $ 12,842
Lease Liability Maturities	Lease liability maturities as of September 28, 2024, are as follows (in millions): Operating Finance Total 2025 $ 1,820 $ 171 $ 1,991 2026 1,914 131 2,045 2027 1,674 59 1,733 2028 1,360 38 1,398 2029 1,187 36 1,223 Thereafter 5,563 837 6,400 Total undiscounted liabilities 13,518 1,272 14,790 Less: Imputed interest (1,984) (376) (2,360) Total lease liabilities $ 11,534 $ 896 $ 12,430
Lease Liability Maturities	Lease liability maturities as of September 28, 2024, are as follows (in millions): Operating Finance Total 2025 $ 1,820 $ 171 $ 1,991 2026 1,914 131 2,045 2027 1,674 59 1,733 2028 1,360 38 1,398 2029 1,187 36 1,223 Thereafter 5,563 837 6,400 Total undiscounted liabilities 13,518 1,272 14,790 Less: Imputed interest (1,984) (376) (2,360) Total lease liabilities $ 11,534 $ 896 $ 12,430

Debt (Tables)

Debt (Tables)	12 Months Ended
Debt (Tables)	Sep. 28, 2024
Debt Disclosure [Abstract]
Summary of Cash Flows Associated with Issuance and Maturities of Commercial Paper	The following table provides a summary of cash flows associated with the issuance and maturities of commercial paper for 2024, 2023 and 2022 (in millions): 2024 2023 2022 Maturities 90 days or less: Proceeds from/(Repayments of) commercial paper, net $ 3,960 $ (1,333) $ 5,264 Maturities greater than 90 days: Proceeds from commercial paper — — 5,948 Repayments of commercial paper — (2,645) (7,257) Proceeds from/(Repayments of) commercial paper, net — (2,645) (1,309) Total proceeds from/(repayments of) commercial paper, net $ 3,960 $ (3,978) $ 3,955
Summary of Term Debt	The following table provides a summary of the Company’s term debt as of September 28, 2024 and September 30, 2023: Maturities (calendar year) 2024 2023 Amount (in millions) Effective Amount (in millions) Effective 2013 – 2023 debt issuances: Fixed-rate 0.000% – 4.850% notes 2024 – 2062 $ 97,341 0.03% – 6.65% $ 106,572 0.03% – 6.72% Total term debt principal 97,341 106,572 Unamortized premium/(discount) and issuance costs, net (321) (356) Hedge accounting fair value adjustments (358) (1,113) Total term debt 96,662 105,103 Less: Current portion of term debt (10,912) (9,822) Total non-current portion of term debt $ 85,750 $ 95,281
Future Principal Payments for Notes	The future principal payments for the Company’s Notes as of September 28, 2024, are as follows (in millions): 2025 $ 10,930 2026 12,342 2027 9,936 2028 7,800 2029 5,153 Thereafter 51,180 Total term debt principal $ 97,341

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
Shareholders' Equity (Tables)	Sep. 28, 2024
Equity [Abstract]
Changes in Shares of Common Stock	The following table shows the changes in shares of common stock for 2024, 2023 and 2022 (in thousands): 2024 2023 2022 Common stock outstanding, beginning balances 15,550,061 15,943,425 16,426,786 Common stock repurchased (499,372) (471,419) (568,589) Common stock issued, net of shares withheld for employee taxes 66,097 78,055 85,228 Common stock outstanding, ending balances 15,116,786 15,550,061 15,943,425

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
Share-Based Compensation (Tables)	Sep. 28, 2024
Share-Based Payment Arrangement [Abstract]
Restricted Stock Unit Activity	A summary of the Company’s RSU activity and related information for 2024, 2023 and 2022, is as follows: Number of RSUs (in thousands) Weighted-Average Grant-Date Fair Value Per RSU Aggregate Fair Value (in millions) Balance as of September 25, 2021 240,427 $ 75.16 RSUs granted 91,674 $ 150.70 RSUs vested (115,861) $ 72.12 RSUs canceled (14,739) $ 99.77 Balance as of September 24, 2022 201,501 $ 109.48 RSUs granted 88,768 $ 150.87 RSUs vested (101,878) $ 97.31 RSUs canceled (8,144) $ 127.98 Balance as of September 30, 2023 180,247 $ 135.91 RSUs granted 80,456 $ 173.78 RSUs vested (87,633) $ 127.59 RSUs canceled (9,744) $ 140.80 Balance as of September 28, 2024 163,326 $ 158.73 $ 37,204
Summary of Share-Based Compensation Expense and the Related Income Tax Benefit	The following table shows share-based compensation expense and the related income tax benefit included in the Consolidated Statements of Operations for 2024, 2023 and 2022 (in millions): 2024 2023 2022 Share-based compensation expense $ 11,688 $ 10,833 $ 9,038 Income tax benefit related to share-based compensation expense $ (3,350) $ (3,421) $ (4,002)

Commitments, Contingencies an_2

Commitments, Contingencies and Supply Concentrations (Tables)	12 Months Ended
	Sep. 28, 2024
Commitments and Contingencies Disclosure [Abstract]
Future Payments Under Unconditional Purchase Obligations	Future payments under unconditional purchase obligations with a remaining term in excess of one year as of September 28, 2024, are as follows (in millions): 2025 $ 3,206 2026 2,440 2027 1,156 2028 3,121 2029 633 Thereafter 670 Total $ 11,226

Segment Information and Geogr_2

Segment Information and Geographic Data (Tables)	12 Months Ended
Segment Information and Geographic Data (Tables)	Sep. 28, 2024
Segment Reporting [Abstract]
Information by Reportable Segment	The following table shows information by reportable segment for 2024, 2023 and 2022 (in millions): 2024 2023 2022 Americas: Net sales $ 167,045 $ 162,560 $ 169,658 Operating income $ 67,656 $ 60,508 $ 62,683 Europe: Net sales $ 101,328 $ 94,294 $ 95,118 Operating income $ 41,790 $ 36,098 $ 35,233 Greater China: Net sales $ 66,952 $ 72,559 $ 74,200 Operating income $ 27,082 $ 30,328 $ 31,153 Japan: Net sales $ 25,052 $ 24,257 $ 25,977 Operating income $ 12,454 $ 11,888 $ 12,257 Rest of Asia Pacific: Net sales $ 30,658 $ 29,615 $ 29,375 Operating income $ 13,062 $ 12,066 $ 11,569
Reconciliation of Segment Operating Income to the Consolidated Statements of Operations	A reconciliation of the Company’s segment operating income to the Consolidated Statements of Operations for 2024, 2023 and 2022 is as follows (in millions): 2024 2023 2022 Segment operating income $ 162,044 $ 150,888 $ 152,895 Research and development expense (31,370) (29,915) (26,251) Other corporate expenses, net (1) (7,458) (6,672) (7,207) Total operating income $ 123,216 $ 114,301 $ 119,437 (1) Includes general and administrative compensation costs, various nonrecurring charges, and other separately managed costs.
Net Sales and Long-Lived Assets for Countries that Individually Accounted for 10% or More of the Respective Totals	The following tables show net sales for 2024, 2023 and 2022 and long-lived assets as of September 28, 2024 and September 30, 2023 for countries that individually accounted for 10% or more of the respective totals, as well as aggregate amounts for the remaining countries (in millions): 2024 2023 2022 Net sales: U.S. $ 142,196 $ 138,573 $ 147,859 China (1) 66,952 72,559 74,200 Other countries 181,887 172,153 172,269 Total net sales $ 391,035 $ 383,285 $ 394,328 2024 2023 Long-lived assets: U.S. $ 35,664 $ 33,276 China (1) 4,797 5,778 Other countries 5,219 4,661 Total long-lived assets $ 45,680 $ 43,715 (1) China includes Hong Kong and Taiwan.

Revenue - Additional Informatio

Revenue - Additional Information (Details) - USD ($) $ in Billions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Revenue from Contract with Customer [Abstract]
Revenue recognized that was included in deferred revenue at the beginning of the period	$ 7.7	$ 8.2	$ 7.5
Total deferred revenue	$ 12.8	$ 12.1

Revenue - Net Sales Disaggregat

Revenue - Net Sales Disaggregated by Significant Products and Services (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Disaggregation of Revenue [Line Items]
Net sales	$ 391,035	$ 383,285	$ 394,328
iPhone
Disaggregation of Revenue [Line Items]
Net sales	201,183	200,583	205,489
Mac
Disaggregation of Revenue [Line Items]
Net sales	29,984	29,357	40,177
iPad
Disaggregation of Revenue [Line Items]
Net sales	26,694	28,300	29,292
Wearables, Home and Accessories
Disaggregation of Revenue [Line Items]
Net sales	37,005	39,845	41,241
Services
Disaggregation of Revenue [Line Items]
Net sales	$ 96,169	$ 85,200	$ 78,129

Revenue - Deferred Revenue, Exp

Revenue - Deferred Revenue, Expected Timing of Realization (Details)	Sep. 28, 2024
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-09-29
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue, expected timing of realization, percentage	64%
Deferred revenue, expected timing of realization, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-09-28
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue, expected timing of realization, percentage	25%
Deferred revenue, expected timing of realization, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-09-27
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue, expected timing of realization, percentage	9%
Deferred revenue, expected timing of realization, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-09-26
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue, expected timing of realization, percentage	2%
Deferred revenue, expected timing of realization, period	1 year

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Numerator:
Net income	$ 93,736	$ 96,995	$ 99,803
Denominator:
Weighted-average basic shares outstanding (in shares)	15,343,783	15,744,231	16,215,963
Effect of dilutive share-based awards (in shares)	64,312	68,316	109,856
Weighted-average diluted shares (in shares)	15,408,095	15,812,547	16,325,819
Basic earnings per share (in dollars per share)	$ 6.11	$ 6.16	$ 6.15
Diluted earnings per share (in dollars per share)	$ 6.08	$ 6.13	$ 6.11

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) shares in Millions	12 Months Ended
	Sep. 30, 2023 shares
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Restricted stock units excluded from the computation of diluted earnings per share because their effect would have been antidilutive (in shares)	24

Financial Instruments - Cash, C

Financial Instruments - Cash, Cash Equivalents and Marketable Securities (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Marketable Securities [Line Items]
Cash, Cash Equivalents and Marketable Securities, Adjusted Cost	$ 160,600	$ 173,752
Cash Equivalents and Marketable Securities, Unrealized Gains	688	30
Cash Equivalents and Marketable Securities, Unrealized Loss	(4,638)	(11,683)
Cash, Cash Equivalents and Marketable Securities, Fair Value	156,650	162,099
Cash and Cash Equivalents	29,943	29,965
Current Marketable Securities	35,228	31,590
Non-Current Marketable Securities	91,479	100,544
Total marketable securities that were restricted from general use		13,800
Unfavorable investigation outcome, EU State Aid rules
Marketable Securities [Line Items]
Cash and cash equivalents that were restricted from general use	2,600
Total marketable securities that were restricted from general use	13,200
Level 1
Marketable Securities [Line Items]
Marketable Securities, Equity, Adjusted Cost	1,293	923
Marketable Securities, Equity, Unrealized Gains	105	12
Marketable Securities, Equity, Unrealized Losses	(3)	(26)
Marketable Securities, Equity, Fair Value	1,395	909
Cash and Cash Equivalents	778	481
Current Marketable Securities	617	428
Non-Current Marketable Securities	0	0
Level 2
Marketable Securities [Line Items]
Marketable Securities, Debt, Adjusted Cost	132,108	144,470
Marketable Securities, Debt, Unrealized Gains	583	18
Marketable Securities, Debt, Unrealized Losses	(4,635)	(11,657)
Marketable Securities, Debt, Fair Value	128,056	132,831
Cash and Cash Equivalents	1,966	1,125
Current Marketable Securities	34,611	31,162
Non-Current Marketable Securities	91,479	100,544
Cash
Marketable Securities [Line Items]
Cash	27,199	28,359
Cash and Cash Equivalents	27,199	28,359
Current Marketable Securities	0	0
Non-Current Marketable Securities	0	0
Money market funds \| Level 1
Marketable Securities [Line Items]
Marketable Securities, Equity, Adjusted Cost	778	481
Marketable Securities, Equity, Unrealized Gains	0	0
Marketable Securities, Equity, Unrealized Losses	0	0
Marketable Securities, Equity, Fair Value	778	481
Cash and Cash Equivalents	778	481
Current Marketable Securities	0	0
Non-Current Marketable Securities	0	0
Mutual funds \| Level 1
Marketable Securities [Line Items]
Marketable Securities, Equity, Adjusted Cost	515
Marketable Securities, Equity, Unrealized Gains	105
Marketable Securities, Equity, Unrealized Losses	(3)
Marketable Securities, Equity, Fair Value	617
Cash and Cash Equivalents	0
Current Marketable Securities	617
Non-Current Marketable Securities	0
Mutual funds and equity securities \| Level 1
Marketable Securities [Line Items]
Marketable Securities, Equity, Adjusted Cost		442
Marketable Securities, Equity, Unrealized Gains		12
Marketable Securities, Equity, Unrealized Losses		(26)
Marketable Securities, Equity, Fair Value		428
Cash and Cash Equivalents		0
Current Marketable Securities		428
Non-Current Marketable Securities		0
U.S. Treasury securities \| Level 2
Marketable Securities [Line Items]
Marketable Securities, Debt, Adjusted Cost	16,150	19,406
Marketable Securities, Debt, Unrealized Gains	45	0
Marketable Securities, Debt, Unrealized Losses	(516)	(1,292)
Marketable Securities, Debt, Fair Value	15,679	18,114
Cash and Cash Equivalents	212	35
Current Marketable Securities	4,087	5,468
Non-Current Marketable Securities	11,380	12,611
U.S. agency securities \| Level 2
Marketable Securities [Line Items]
Marketable Securities, Debt, Adjusted Cost	5,431	5,736
Marketable Securities, Debt, Unrealized Gains	0	0
Marketable Securities, Debt, Unrealized Losses	(272)	(600)
Marketable Securities, Debt, Fair Value	5,159	5,136
Cash and Cash Equivalents	155	36
Current Marketable Securities	703	271
Non-Current Marketable Securities	4,301	4,829
Non-U.S. government securities \| Level 2
Marketable Securities [Line Items]
Marketable Securities, Debt, Adjusted Cost	17,959	17,533
Marketable Securities, Debt, Unrealized Gains	93	6
Marketable Securities, Debt, Unrealized Losses	(484)	(1,048)
Marketable Securities, Debt, Fair Value	17,568	16,491
Cash and Cash Equivalents	1,158	0
Current Marketable Securities	10,810	11,332
Non-Current Marketable Securities	5,600	5,159
Certificates of deposit and time deposits \| Level 2
Marketable Securities [Line Items]
Marketable Securities, Debt, Adjusted Cost	873	1,354
Marketable Securities, Debt, Unrealized Gains	0	0
Marketable Securities, Debt, Unrealized Losses	0	0
Marketable Securities, Debt, Fair Value	873	1,354
Cash and Cash Equivalents	387	1,034
Current Marketable Securities	478	320
Non-Current Marketable Securities	8	0
Commercial paper \| Level 2
Marketable Securities [Line Items]
Marketable Securities, Debt, Adjusted Cost	1,066	608
Marketable Securities, Debt, Unrealized Gains	0	0
Marketable Securities, Debt, Unrealized Losses	0	0
Marketable Securities, Debt, Fair Value	1,066	608
Cash and Cash Equivalents	28	0
Current Marketable Securities	1,038	608
Non-Current Marketable Securities	0	0
Corporate debt securities \| Level 2
Marketable Securities [Line Items]
Marketable Securities, Debt, Adjusted Cost	65,622	76,840
Marketable Securities, Debt, Unrealized Gains	270	6
Marketable Securities, Debt, Unrealized Losses	(1,953)	(5,956)
Marketable Securities, Debt, Fair Value	63,939	70,890
Cash and Cash Equivalents	26	20
Current Marketable Securities	16,027	12,627
Non-Current Marketable Securities	47,886	58,243
Municipal securities \| Level 2
Marketable Securities [Line Items]
Marketable Securities, Debt, Adjusted Cost	412	628
Marketable Securities, Debt, Unrealized Gains	0	0
Marketable Securities, Debt, Unrealized Losses	(7)	(26)
Marketable Securities, Debt, Fair Value	405	602
Cash and Cash Equivalents	0	0
Current Marketable Securities	190	192
Non-Current Marketable Securities	215	410
Mortgage- and asset-backed securities \| Level 2
Marketable Securities [Line Items]
Marketable Securities, Debt, Adjusted Cost	24,595	22,365
Marketable Securities, Debt, Unrealized Gains	175	6
Marketable Securities, Debt, Unrealized Losses	(1,403)	(2,735)
Marketable Securities, Debt, Fair Value	23,367	19,636
Cash and Cash Equivalents	0	0
Current Marketable Securities	1,278	344
Non-Current Marketable Securities	$ 22,089	$ 19,292

Financial Instruments - Additio

Financial Instruments - Additional Information (Details) - Vendor	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023
Trade receivables \| Credit concentration risk \| Cellular network carriers
Debt Securities, Available-for-Sale, Maturity, Fair Value, Rolling Maturity [Abstract]
Concentration risk, percentage	38%	41%
Non-trade receivables \| Credit concentration risk
Debt Securities, Available-for-Sale, Maturity, Fair Value, Rolling Maturity [Abstract]
Number of vendors that individually represented 10% or more of total vendor non-trade receivables	2	2
Non-trade receivables \| Credit concentration risk \| Vendor one
Debt Securities, Available-for-Sale, Maturity, Fair Value, Rolling Maturity [Abstract]
Concentration risk, percentage	44%	48%
Non-trade receivables \| Credit concentration risk \| Vendor two
Debt Securities, Available-for-Sale, Maturity, Fair Value, Rolling Maturity [Abstract]
Concentration risk, percentage	23%	23%
Hedges of foreign currency exposure associated with revenue and inventory purchases
Debt Securities, Available-for-Sale, Maturity, Fair Value, Rolling Maturity [Abstract]
Maximum length of time over which the Company is hedging its exposure to the variability in future cash flows for foreign currency transactions	12 months
Hedges of foreign currency exposure associated with term debt
Debt Securities, Available-for-Sale, Maturity, Fair Value, Rolling Maturity [Abstract]
Maximum length of time over which the Company is hedging its exposure to the variability in future cash flows for foreign currency transactions	18 years
Marketable debt securities other than mortgage- and asset-backed securities
Debt Securities, Available-for-Sale, Maturity, Fair Value, Rolling Maturity [Abstract]
Between 1 and 5 years	86%
Between 5 and 10 years	10%
Greater than 10 years	4%
Mortgage- and asset-backed securities
Debt Securities, Available-for-Sale, Maturity, Fair Value, Rolling Maturity [Abstract]
Between 1 and 5 years	14%
Between 5 and 10 years	9%
Greater than 10 years	77%

Financial Instruments - Notiona

Financial Instruments - Notional Amounts Associated with Derivative Instruments (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Derivatives designated as accounting hedges \| Foreign exchange contracts
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	$ 64,069	$ 74,730
Derivatives designated as accounting hedges \| Interest rate contracts
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	14,575	19,375
Derivatives not designated as accounting hedges \| Foreign exchange contracts
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	$ 91,493	$ 104,777

Financial Instruments - Derivat

Financial Instruments - Derivative Instruments Designated as Fair Value Hedges and Related Hedged Items (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Carrying amount of hedged marketable securities	$ 0	$ 14,433
Hedged asset, statement of financial position [Extensible Enumeration]	Marketable securities, Marketable securities	Marketable securities, Marketable securities
Carrying amount of hedged term debt	$ (13,505)	$ (18,247)
Hedged liability, statement of financial position [Extensible Enumeration]	Term debt, Term debt	Term debt, Term debt

Property, Plant and Equipment -

Property, Plant and Equipment - Gross Property, Plant and Equipment by Major Asset Class and Accumulated Depreciation (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	$ 119,128	$ 114,599
Accumulated depreciation	(73,448)	(70,884)
Total property, plant and equipment, net	45,680	43,715
Land and buildings
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	24,690	23,446
Machinery, equipment and internal-use software
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	80,205	78,314
Leasehold improvements
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	$ 14,233	$ 12,839

Property, Plant, and Equipment

Property, Plant, and Equipment - Additional Information (Details) - USD ($) $ in Billions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense on property, plant and equipment	$ 8.2	$ 8.5	$ 8.7

Consolidated Financial Statem_3

Consolidated Financial Statement Details - Other Non-Current Assets (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Deferred tax assets	$ 19,499	$ 17,852
Other non-current assets	55,335	46,906
Total other non-current assets	$ 74,834	$ 64,758

Consolidated Financial Statem_4

Consolidated Financial Statement Details - Other Current Liabilities (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Income taxes payable	$ 26,601	$ 8,819
Other current liabilities	51,703	50,010
Total other current liabilities	$ 78,304	$ 58,829

Consolidated Financial Statem_5

Consolidated Financial Statement Details - Other Non-Current Liabilities (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Income taxes payable	$ 9,254	$ 15,457
Other non-current liabilities	36,634	34,391
Total other non-current liabilities	$ 45,888	$ 49,848

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) $ in Millions, € in Billions		3 Months Ended	12 Months Ended
	Aug. 30, 2016 EUR (€) Subsidiary	Sep. 28, 2024 USD ($)	Sep. 28, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 24, 2022 USD ($)	Sep. 28, 2024 EUR (€)	Sep. 25, 2021 USD ($)
Income Tax Contingency [Line Items]
Adjusted recovery amount related to European Commission State Aid Decision		$ 26,601	$ 26,601	$ 8,819
State Aid escrow, marketable securities balance				13,800
One-time income tax charge, net, State Aid Decision, portion payable to Ireland			25,483	8,750	$ 8,996
One-time income tax charge, net, State Aid Decision, U.S. foreign tax credit			(5,571)	(9,445)	(7,890)
Decrease in unrecognized tax benefits, State Aid Decision			1,070	19	28
Foreign pre-tax earnings			$ 77,300	$ 72,900	$ 71,300
U.S. statutory federal income tax rate			21%	21%	21%
Foreign tax credit carryforwards		5,100	$ 5,100
Research and development tax credit carryforwards		3,600	3,600
Gross unrecognized tax benefits		22,038	22,038	$ 19,454	$ 16,758		$ 15,477
Gross unrecognized tax benefits that would impact effective tax rate, if recognized		10,800	10,800	$ 9,500
Minimum
Income Tax Contingency [Line Items]
Reasonably possible decrease in gross unrecognized tax benefits over next 12 months		5,000	5,000
Maximum
Income Tax Contingency [Line Items]
Reasonably possible decrease in gross unrecognized tax benefits over next 12 months		13,000	13,000
Unfavorable investigation outcome, EU State Aid rules
Income Tax Contingency [Line Items]
Number of subsidiaries impacted by the European Commission tax ruling \| Subsidiary	2
Maximum potential loss related to European Commission State Aid Decision \| €	€ 13.1
Adjusted recovery amount related to European Commission State Aid Decision \| €						€ 12.7
State Aid escrow, total balance		15,800	15,800			14.2
State Aid escrow, cash and cash equivalents balance		2,600	2,600
State Aid escrow, marketable securities balance		13,200	$ 13,200
One-time income tax charge, net, State Aid Decision		10,200
One-time income tax charge, net, State Aid Decision, portion payable to Ireland		15,800
One-time income tax charge, net, State Aid Decision, U.S. foreign tax credit		4,800
Decrease in unrecognized tax benefits, State Aid Decision		$ 823
Unfavorable investigation outcome, EU State Aid rules - interest component
Income Tax Contingency [Line Items]
Maximum potential loss related to European Commission State Aid Decision \| €	€ 1.2
Adjusted recovery amount related to European Commission State Aid Decision \| €						€ 1.2

Income Taxes - Provision for In

Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Federal:
Current	$ 5,571	$ 9,445	$ 7,890
Deferred	(3,080)	(3,644)	(2,265)
Total	2,491	5,801	5,625
State:
Current	1,726	1,570	1,519
Deferred	(298)	(49)	84
Total	1,428	1,521	1,603
Foreign:
Current	25,483	8,750	8,996
Deferred	347	669	3,076
Total	25,830	9,419	12,072
Provision for income taxes	$ 29,749	$ 16,741	$ 19,300

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Provision for Income Taxes to Amount Computed by Applying the Statutory Federal Income Tax Rate to Income Before Provision for Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Income Tax Disclosure [Abstract]
Computed expected tax	$ 25,932	$ 23,885	$ 25,012
State taxes, net of federal effect	1,162	1,124	1,518
Impact of the State Aid Decision	10,246	0	0
Earnings of foreign subsidiaries	(5,311)	(5,744)	(4,366)
Research and development credit, net	(1,397)	(1,212)	(1,153)
Excess tax benefits from equity awards	(893)	(1,120)	(1,871)
Other	10	(192)	160
Provision for income taxes	$ 29,749	$ 16,741	$ 19,300
Effective tax rate	24.10%	14.70%	16.20%

Income Taxes - Significant Comp

Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Deferred tax assets:
Capitalized research and development	$ 10,739	$ 6,294
Tax credit carryforwards	8,856	8,302
Accrued liabilities and other reserves	6,114	6,365
Deferred revenue	3,413	4,571
Lease liabilities	2,410	2,421
Unrealized losses	1,173	2,447
Other	2,168	2,343
Total deferred tax assets	34,873	32,743
Less: Valuation allowance	(8,866)	(8,374)
Total deferred tax assets, net	26,007	24,369
Deferred tax liabilities:
Depreciation	2,551	1,998
Right-of-use assets	2,125	2,179
Minimum tax on foreign earnings	1,674	1,940
Unrealized gains	0	511
Other	455	490
Total deferred tax liabilities	6,805	7,118
Net deferred tax assets	$ 19,202	$ 17,251

Income Taxes - Aggregate Change

Income Taxes - Aggregate Changes in Gross Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balances	$ 19,454	$ 16,758	$ 15,477
Increases related to tax positions taken during a prior year	1,727	2,044	2,284
Decreases related to tax positions taken during a prior year	(386)	(1,463)	(1,982)
Increases related to tax positions taken during the current year	2,542	2,628	1,936
Decreases related to settlements with taxing authorities	(1,070)	(19)	(28)
Decreases related to expiration of the statute of limitations	(229)	(494)	(929)
Ending balances	$ 22,038	$ 19,454	$ 16,758

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Lessee, Lease, Description [Line Items]
Typical term of leases (not exceeding)	10 years
Fixed operating lease costs	$ 2,000	$ 2,000	$ 1,900
Variable lease costs	13,800	13,900	14,900
Fixed operating lease payments	1,900	1,900	1,800
Right-of-use assets obtained in exchange for operating and finance lease liabilities	$ 1,000	$ 2,100	$ 2,800
Weighted-average remaining lease term	10 years 3 months 18 days	10 years 7 months 6 days
Weighted-average discount rate	3.10%	3%
Leases not yet commenced, fixed payment obligations	$ 11,226
Operating lease, lease not yet commenced
Lessee, Lease, Description [Line Items]
Leases not yet commenced, fixed payment obligations	$ 849
Minimum
Lessee, Lease, Description [Line Items]
Leases not yet commenced, lease term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Leases not yet commenced, lease term	21 years

Leases - ROU Assets and Lease L

Leases - ROU Assets and Lease Liabilities (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Lease-Related Assets and Liabilities
Operating lease right-of-use assets	$ 10,234	$ 10,661
Operating lease, right-of-use asset, statement of financial position [Extensible Enumeration]	Other non-current assets	Other non-current assets
Finance lease right-of-use assets	$ 1,069	$ 1,015
Finance lease, right-of-use asset, statement of financial position [Extensible Enumeration]	Property, plant and equipment, net	Property, plant and equipment, net
Total right-of-use assets	$ 11,303	$ 11,676
Operating lease liabilities, current	$ 1,488	$ 1,410
Operating lease, liability, current, statement of financial position [Extensible Enumeration]	Other current liabilities	Other current liabilities
Operating lease liabilities, non-current	$ 10,046	$ 10,408
Operating lease, liability, noncurrent, statement of financial position [Extensible Enumeration]	Other non-current liabilities	Other non-current liabilities
Finance lease liabilities, current	$ 144	$ 165
Finance lease, liability, current, statement of financial position [Extensible Enumeration]	Other current liabilities	Other current liabilities
Finance lease liabilities, non-current	$ 752	$ 859
Finance lease, liability, noncurrent, statement of financial position [Extensible Enumeration]	Other non-current liabilities	Other non-current liabilities
Total lease liabilities	$ 12,430	$ 12,842

Leases - Lease Liability Maturi

Leases - Lease Liability Maturities (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Operating Leases
2025	$ 1,820
2026	1,914
2027	1,674
2028	1,360
2029	1,187
Thereafter	5,563
Total undiscounted liabilities	13,518
Less: Imputed interest	(1,984)
Total lease liabilities	11,534
Finance Leases
2025	171
2026	131
2027	59
2028	38
2029	36
Thereafter	837
Total undiscounted liabilities	1,272
Less: Imputed interest	(376)
Total lease liabilities	896
Total
2025	1,991
2026	2,045
2027	1,733
2028	1,398
2029	1,223
Thereafter	6,400
Total undiscounted liabilities	14,790
Less: Imputed interest	(2,360)
Total lease liabilities	$ 12,430	$ 12,842

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023
Debt Instrument [Line Items]
Commercial paper	$ 9,967	$ 5,985
Level 2
Debt Instrument [Line Items]
Fixed-rate notes, aggregate fair value	88,400	90,800
Commercial paper
Debt Instrument [Line Items]
Commercial paper	$ 10,000	$ 6,000
Commercial paper, general maturity period (less than)	9 months	9 months
Commercial paper, weighted-average interest rate	5%	5.28%

Debt - Summary of Cash Flows As

Debt - Summary of Cash Flows Associated with Commercial Paper (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Maturities 90 days or less:
Proceeds from/(Repayments of) commercial paper, net	$ 3,960	$ (1,333)	$ 5,264
Maturities greater than 90 days:
Proceeds from commercial paper	0	0	5,948
Repayments of commercial paper	0	(2,645)	(7,257)
Proceeds from/(Repayments of) commercial paper, net	0	(2,645)	(1,309)
Total proceeds from/(repayments of) commercial paper, net	$ 3,960	$ (3,978)	$ 3,955

Debt - Summary of Term Debt (De

Debt - Summary of Term Debt (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023
Debt Instrument [Line Items]
Total term debt principal	$ 97,341	$ 106,572
Unamortized premium/(discount) and issuance costs, net	(321)	(356)
Hedge accounting fair value adjustments	(358)	(1,113)
Total term debt	96,662	105,103
Less: Current portion of term debt	(10,912)	(9,822)
Total non-current portion of term debt	85,750	95,281
2013 – 2023 debt issuances \| Fixed-rate notes
Debt Instrument [Line Items]
Total term debt principal	$ 97,341	$ 106,572
Debt instrument, maturity year (calendar), start	2024
Debt instrument, maturity year (calendar), end	2062
2013 – 2023 debt issuances \| Fixed-rate notes \| Minimum
Debt Instrument [Line Items]
Debt instrument, stated interest rate	0%
Debt instrument, effective interest rate	0.03%	0.03%
2013 – 2023 debt issuances \| Fixed-rate notes \| Maximum
Debt Instrument [Line Items]
Debt instrument, stated interest rate	4.85%
Debt instrument, effective interest rate	6.65%	6.72%

Debt - Future Principal Payment

Debt - Future Principal Payments for Term Debt (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Debt Disclosure [Abstract]
2025	$ 10,930
2026	12,342
2027	9,936
2028	7,800
2029	5,153
Thereafter	51,180
Total term debt principal	$ 97,341	$ 106,572

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Details) shares in Millions, $ in Billions	12 Months Ended
	Sep. 28, 2024 USD ($) shares
Stockholders' Equity Note [Abstract]
Number of shares repurchased (in shares) \| shares	499
Amount of share repurchases \| $	$ 95

Shareholders' Equity - Shares o

Shareholders' Equity - Shares of Common Stock (Details) - shares shares in Thousands	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Increase (Decrease) in Shares of Common Stock Outstanding [Roll Forward]
Common stock outstanding, beginning balances (in shares)	15,550,061
Common stock repurchased (in shares)	(499,000)
Common stock outstanding, ending balances (in shares)	15,116,786	15,550,061
Common stock
Increase (Decrease) in Shares of Common Stock Outstanding [Roll Forward]
Common stock outstanding, beginning balances (in shares)	15,550,061	15,943,425	16,426,786
Common stock repurchased (in shares)	(499,372)	(471,419)	(568,589)
Common stock issued, net of shares withheld for employee taxes (in shares)	66,097	78,055	85,228
Common stock outstanding, ending balances (in shares)	15,116,786	15,550,061	15,943,425

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Details) shares in Millions, $ in Millions	12 Months Ended
	Sep. 28, 2024 USD ($) shares	Sep. 30, 2023 USD ($) shares	Sep. 24, 2022 USD ($) shares	Mar. 04, 2022 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total payments to taxing authorities for employees' tax obligations related to vesting of RSUs	$ 5,441	$ 5,431	$ 6,223
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of RSUs as of the respective vesting dates	$ 15,800	$ 15,900	$ 18,200
Total shares withheld upon vesting of RSUs (in shares) \| shares	31	37	41
Total payments to taxing authorities for employees' tax obligations related to vesting of RSUs	$ 5,600	$ 5,600	$ 6,400
Total unrecognized compensation cost related to RSUs	$ 19,400
Total unrecognized compensation cost related to RSUs, weighted-average recognition period	2 years 4 months 24 days
2022 Employee Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized for issuance pursuant to plan awards (in shares) \| shares				1,300
2022 Employee Stock Plan \| Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based award, vesting period	4 years
Number of shares of common stock issued per RSU upon vesting	1

Share-Based Compensation - Rest

Share-Based Compensation - Restricted Stock Unit Activity and Related Information (Details) - Restricted stock units - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Number of Restricted Stock Units
Beginning balance (in shares)	180,247	201,501	240,427
RSUs granted (in shares)	80,456	88,768	91,674
RSUs vested (in shares)	(87,633)	(101,878)	(115,861)
RSUs canceled (in shares)	(9,744)	(8,144)	(14,739)
Ending balance (in shares)	163,326	180,247	201,501
Weighted-Average Grant-Date Fair Value Per RSU
Beginning balance (in dollars per share)	$ 135.91	$ 109.48	$ 75.16
RSUs granted (in dollars per share)	173.78	150.87	150.70
RSUs vested (in dollars per share)	127.59	97.31	72.12
RSUs canceled (in dollars per share)	140.80	127.98	99.77
Ending balance (in dollars per share)	$ 158.73	$ 135.91	$ 109.48
Aggregate Fair Value
Aggregate fair value of RSUs	$ 37,204

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Share-Based Compensation Expense and the Related Income Tax Benefit (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Share-Based Payment Arrangement [Abstract]
Share-based compensation expense	$ 11,688	$ 10,833	$ 9,038
Income tax benefit related to share-based compensation expense	$ (3,350)	$ (3,421)	$ (4,002)

Commitments, Contingencies an_3

Commitments, Contingencies and Supply Concentrations - Future Payments Under Unconditional Purchase Obligations (Details) $ in Millions	Sep. 28, 2024 USD ($)
Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]
2025	$ 3,206
2026	2,440
2027	1,156
2028	3,121
2029	633
Thereafter	670
Total	$ 11,226

Segment Information and Geogr_3

Segment Information and Geographic Data - Information by Reportable Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Segment Reporting Information [Line Items]
Net sales	$ 391,035	$ 383,285	$ 394,328
Operating income	123,216	114,301	119,437
Americas
Segment Reporting Information [Line Items]
Net sales	167,045	162,560	169,658
Operating income	67,656	60,508	62,683
Europe
Segment Reporting Information [Line Items]
Net sales	101,328	94,294	95,118
Operating income	41,790	36,098	35,233
Greater China
Segment Reporting Information [Line Items]
Net sales	66,952	72,559	74,200
Operating income	27,082	30,328	31,153
Japan
Segment Reporting Information [Line Items]
Net sales	25,052	24,257	25,977
Operating income	12,454	11,888	12,257
Rest of Asia Pacific
Segment Reporting Information [Line Items]
Net sales	30,658	29,615	29,375
Operating income	$ 13,062	$ 12,066	$ 11,569

Segment Information and Geogr_4

Segment Information and Geographic Data - Reconciliation of Segment Operating Income to the Consolidated Statements of Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	$ 123,216	$ 114,301	$ 119,437
Research and development expense	(31,370)	(29,915)	(26,251)
Operating segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	162,044	150,888	152,895
Segment reconciling items
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Research and development expense	(31,370)	(29,915)	(26,251)
Corporate non-segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Other corporate expenses, net	$ (7,458)	$ (6,672)	$ (7,207)

Segment Information and Geogr_5

Segment Information and Geographic Data - Net Sales for Countries that Individually Accounted for More than 10% of the Total (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 28, 2024	Sep. 30, 2023	Sep. 24, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 391,035	$ 383,285	$ 394,328
U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	142,196	138,573	147,859
China
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	66,952	72,559	74,200
Other countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 181,887	$ 172,153	$ 172,269

Segment Information and Geogr_6

Segment Information and Geographic Data - Long-Lived Assets for Countries that Individually Accounted for More than 10% of the Total (Details) - USD ($) $ in Millions	Sep. 28, 2024	Sep. 30, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 45,680	$ 43,715
U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	35,664	33,276
China
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	4,797	5,778
Other countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 5,219	$ 4,661