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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Mar. 28, 2020
Mar. 30, 2019
Net sales $ 58,313 $ 58,015 $ 150,132 $ 142,325
Cost of sales 35,943 36,194 92,545 88,473
Gross margin 22,370 21,821 57,587 53,852
Operating expenses:        
Research and development 4,565 3,948 9,016 7,850
Selling, general and administrative 4,952 4,458 10,149 9,241
Total operating expenses 9,517 8,406 19,165 17,091
Operating income 12,853 13,415 38,422 36,761
Other income/(expense), net 282 378 631 938
Income before provision for income taxes 13,135 13,793 39,053 37,699
Provision for income taxes 1,886 2,232 5,568 6,173
Net income $ 11,249 $ 11,561 $ 33,485 $ 31,526
Earnings per share:        
Basic (in dollars per share) $ 2.58 $ 2.47 $ 7.63 $ 6.70
Diluted (in dollars per share) $ 2.55 $ 2.46 $ 7.56 $ 6.66
Shares used in computing earnings per share:        
Basic (in shares) 4,360,101 4,674,071 4,387,570 4,704,945
Diluted (in shares) 4,404,691 4,700,646 4,429,648 4,736,949
Products        
Net sales $ 44,965 $ 46,565 $ 124,069 $ 120,000
Cost of sales 31,321 32,047 83,396 80,285
Services        
Net sales 13,348 11,450 26,063 22,325
Cost of sales $ 4,622 $ 4,147 $ 9,149 $ 8,188