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Segment Information and Geographic Data (Tables)
12 Months Ended
Sep. 26, 2015
Summary Information by Operating Segment

The following table shows information by reportable operating segment for 2015, 2014 and 2013 (in millions):

 

     2015      2014      2013  

Americas:

        

Net sales

   $   93,864       $   80,095       $   77,093   

Operating income

   $ 31,186       $ 26,158       $ 24,829   
        

Europe:

        

Net sales

   $ 50,337       $ 44,285       $ 40,980   

Operating income

   $ 16,527       $ 14,434       $ 12,767   

Greater China:

        

Net sales

   $ 58,715       $ 31,853       $ 27,016   

Operating income

   $ 23,002       $ 11,039       $ 8,499   
        

Japan:

        

Net sales

   $ 15,706       $ 15,314       $ 13,782   

Operating income

   $ 7,617       $ 6,904       $ 6,668   

Rest of Asia Pacific:

        

Net sales

   $ 15,093       $ 11,248       $ 12,039   

Operating income

   $ 5,518       $ 3,674       $ 3,762   
Reconciliation of Segment Operating Income to Consolidated Statements of Operations

A reconciliation of the Company’s segment operating income to the Consolidated Statements of Operations for 2015, 2014 and 2013 is as follows (in millions):

 

                                                  
     2015      2014      2013  

Segment operating income

   $     83,850       $     62,209       $     56,525   

Research and development expense

     (8,067      (6,041      (4,475

Other corporate expenses, net

     (4,553      (3,665      (3,051
  

 

 

    

 

 

    

 

 

 

Total operating income

   $ 71,230       $ 52,503       $ 48,999   
  

 

 

    

 

 

    

 

 

 
Net Sales

Net sales for 2015, 2014 and 2013 are as follows (in millions):

 

                                                  
     2015      2014      2013  

Net sales:

        

U.S.

   $ 81,732       $ 68,909       $ 66,197   

China (1)

     56,547         30,638         25,946   

Other countries

     95,436         83,248         78,767   
  

 

 

    

 

 

    

 

 

 

Total net sales

   $   233,715       $   182,795       $   170,910   
  

 

 

    

 

 

    

 

 

 

 

  (1)

China includes Hong Kong. 

 

Long-Lived Assets

Long-lived assets as of September 26, 2015 and September 27, 2014 are as follows (in millions):

 

   2015      2014         

Long-lived assets:

        

U.S.

   $ 12,022       $ 9,108      

China (1)

     8,722         9,477      

Other countries

     3,040         2,917      
  

 

 

    

 

 

    

Total long-lived assets

   $ 23,784       $ 21,502      
  

 

 

    

 

 

    

 

  (1)

China includes Hong Kong. Long-lived assets located in China consist primarily of product tooling and manufacturing process equipment and assets related to retail stores and related infrastructure.

Net Sales by Product

Net sales by product for 2015, 2014 and 2013 are as follows (in millions):

 

                                                  
     2015      2014      2013  

Net Sales by Product:

        

iPhone (1)

   $ 155,041       $ 101,991       $ 91,279   

iPad (1)

     23,227         30,283         31,980   

Mac (1)

     25,471         24,079         21,483   

Services (2)

     19,909         18,063         16,051   

Other Products (1)(3)

     10,067         8,379         10,117   
  

 

 

    

 

 

    

 

 

 

Total net sales

   $   233,715       $   182,795       $   170,910   
  

 

 

    

 

 

    

 

 

 

 

  (1) 

Includes deferrals and amortization of related software upgrade rights and non-software services.

 

 

  (2) 

Includes revenue from the iTunes Store, App Store, Mac App Store, iBooks Store, Apple Music, AppleCare, Apple Pay, licensing and other services.

 

 

  (3) 

Includes sales of Apple TV, Apple Watch, Beats products, iPod and Apple-branded and third-party accessories.