AAPL » Topics » Inventories

This excerpt taken from the AAPL 10-K filed Jan 25, 2010.

Inventories

Inventories are stated at the lower of cost, computed using the first-in, first-out method, or market. If the cost of the inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value. The Company’s inventories consist primarily of finished goods for all periods presented.

This excerpt taken from the AAPL 10-K filed Oct 27, 2009.

Inventories

Inventories are stated at the lower of cost, computed using the first-in, first-out method, or market. If the cost of the inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value. The Company’s inventories consist primarily of finished goods for all periods presented.

These excerpts taken from the AAPL 10-K filed Nov 5, 2008.

Inventories

Inventories are stated at the lower of cost, computed using the first-in, first-out method, or market. If the cost of the inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value. The Company’s inventories consist primarily of finished goods for all periods presented.

Inventories

STYLE="margin-top:0px;margin-bottom:0px">Inventories are stated at the lower of cost, computed using the first-in, first-out method, or market. If the cost of the inventories exceeds their market value,
provisions are made currently for the difference between the cost and the market value. The Company’s inventories consist primarily of finished goods for all periods presented.

FACE="Times New Roman" SIZE="2">Property, Plant, and Equipment

Property, plant, and equipment are stated at cost. Depreciation is computed by use of
the straight-line method over the estimated useful lives of the assets, which for buildings is the lesser of 30 years or the remaining life of the underlying building, up to 5 years for equipment, and the shorter of lease terms or 10 years for
leasehold improvements. The Company capitalizes eligible costs to acquire or develop internal-use software that are incurred subsequent to the preliminary project stage. Capitalized costs related to internal-use software are amortized using the
straight-line method over the estimated useful lives of the assets, which range from 3 to 5 years. Depreciation and amortization expense on property and equipment was $363 million, $249 million, and $180 million during 2008, 2007, and 2006
respectively.

These excerpts taken from the AAPL 10-K filed Nov 15, 2007.

Inventories

Inventories are stated at the lower of cost, computed using the first-in, first-out method, or market. If the cost of the inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value. The Company's inventories consist primarily of finished goods for all periods presented.

Inventories



Inventories are stated at the lower of cost, computed using the first-in, first-out method, or market. If the cost of the inventories exceeds their
market value, provisions are made currently for the difference between the cost and the market value. The Company's inventories consist primarily of finished goods for all periods presented.



These excerpts taken from the AAPL 10-K filed Dec 29, 2006.

Inventories

Inventories are stated at the lower of cost, computed using the first-in, first-out method, or market. If the cost of the inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value. The Company’s inventories consist primarily of finished goods for all periods presented.

Inventories



Inventories are stated at
the lower of cost, computed using the first-in, first-out method, or market. If
the cost of the inventories exceeds their market value, provisions are made
currently for the difference between the cost and the market value. The Company’s
inventories consist primarily of finished goods for all periods presented.



These excerpts taken from the AAPL 10-K filed Dec 1, 2005.
Inventories

Inventories are stated at the lower of cost, computed using the first-in, first-out method, or market. If the cost of the inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value. The Company’s inventories consist primarily of finished goods for all periods presented.

Inventories



Inventories are stated at
the lower of cost, computed using the first-in, first-out method, or market. If
the cost of the inventories exceeds their market value, provisions are made
currently for the difference between the cost and the market value. The Company’s
inventories consist primarily of finished goods for all periods presented.



This excerpt taken from the AAPL 10-Q filed Aug 3, 2005.

Inventories

 

 

 

6/25/05

 

9/25/04

 

Purchased parts

 

$

6

 

$

1

 

Work in process

 

2

 

 

Finished goods

 

185

 

100

 

 

 

 

 

 

 

Total inventories

 

$

193

 

$

101

 

 

This excerpt taken from the AAPL 10-Q filed May 4, 2005.

Inventories

 

 

 

3/26/05

 

9/25/04

 

Purchased parts

 

$

1

 

$

1

 

Finished goods

 

163

 

100

 

 

 

 

 

 

 

Total inventories

 

$

164

 

$

101

 

 

This excerpt taken from the AAPL 10-Q filed Feb 1, 2005.

Inventories

 

 

 

12/25/04

 

9/25/04

 

Purchased parts

 

$

 

$

1

 

Finished goods

 

156

 

100

 

 

 

 

 

 

 

Total inventories

 

$

156

 

$

101

 

 

These excerpts taken from the AAPL 10-K filed Dec 3, 2004.

Inventories

 
  2004
  2003
Purchased parts   $ 1   $ 2
Work in process         4
Finished goods     100     50
   
 
Total inventories   $ 101   $ 56
   
 

Inventories






























































 
 2004
 2003
Purchased parts $1 $2
Work in process    4
Finished goods  100  50
  
 
Total inventories $101 $56
  
 




These excerpts taken from the AAPL 10-K filed Dec 19, 2003.

Inventories

 
  2003
  2002
Purchased parts   $ 2   $ 9
Work in process     4    
Finished goods     50     36
   
 
Total inventories   $ 56   $ 45
   
 

76


Inventories






























































 
 2003
 2002
Purchased parts $2 $9
Work in process  4  
Finished goods  50  36
  
 
Total inventories $56 $45
  
 



76








These excerpts taken from the AAPL 10-K filed Dec 19, 2002.

Inventories

Inventories are stated at the lower of cost (first-in, first-out) or market. If the cost of the inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value.

Inventories



Inventories are stated at the lower of cost (first-in, first-out) or market. If the cost of the inventories exceeds their market value, provisions are
made currently for the difference between the cost and the market value.



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