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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Net sales $ 53,809 $ 53,265 $ 196,134 $ 202,695
Cost of sales 33,582 32,844 122,055 124,940
Gross margin 20,227 20,421 74,079 77,755
Operating expenses:        
Research and development 4,257 3,701 12,107 10,486
Selling, general and administrative 4,426 4,108 13,667 12,489
Total operating expenses 8,683 7,809 25,774 22,975
Operating income 11,544 12,612 48,305 54,780
Other income/(expense), net 367 672 1,305 1,702
Income before provision for income taxes 11,911 13,284 49,610 56,482
Provision for income taxes 1,867 1,765 8,040 11,076
Net income $ 10,044 $ 11,519 $ 41,570 $ 45,406
Earnings per share:        
Basic (in dollars per share) $ 2.20 $ 2.36 $ 8.92 $ 9.07
Diluted (in dollars per share) $ 2.18 $ 2.34 $ 8.86 $ 8.99
Shares used in computing earnings per share:        
Basic (in shares) 4,570,633 4,882,167 4,660,175 5,006,640
Diluted (in shares) 4,601,380 4,926,609 4,691,759 5,050,963
Products        
Net sales $ 42,354 $ 43,095 $ 162,354 $ 173,546
Cost of sales 29,473 28,956 109,758 113,467
Services        
Net sales 11,455 10,170 33,780 29,149
Cost of sales $ 4,109 $ 3,888 $ 12,297 $ 11,473