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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 30, 2017
Net sales $ 260,174 $ 265,595 $ 229,234
Cost of sales 161,782 163,756 141,048
Gross margin 98,392 101,839 88,186
Operating expenses:      
Research and development 16,217 14,236 11,581
Selling, general and administrative 18,245 16,705 15,261
Total operating expenses 34,462 30,941 26,842
Operating income 63,930 70,898 61,344
Other income/(expense), net 1,807 2,005 2,745
Income before provision for income taxes 65,737 72,903 64,089
Provision for income taxes 10,481 13,372 15,738
Net income $ 55,256 $ 59,531 $ 48,351
Earnings per share:      
Basic (in dollars per share) $ 11.97 $ 12.01 $ 9.27
Diluted (in dollars per share) $ 11.89 $ 11.91 $ 9.21
Shares used in computing earnings per share:      
Basic (in shares) 4,617,834 4,955,377 5,217,242
Diluted (in shares) 4,648,913 5,000,109 5,251,692
Products      
Net sales $ 213,883 $ 225,847 $ 196,534
Cost of sales 144,996 148,164 126,337
Services      
Net sales 46,291 39,748 32,700
Cost of sales $ 16,786 $ 15,592 $ 14,711