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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Jun. 25, 2022
Jun. 26, 2021
Jun. 25, 2022
Jun. 26, 2021
Net sales $ 82,959 $ 81,434 $ 304,182 $ 282,457
Cost of sales 47,074 46,179 171,495 164,795
Gross margin 35,885 35,255 132,687 117,662
Operating expenses:        
Research and development 6,797 5,717 19,490 16,142
Selling, general and administrative 6,012 5,412 18,654 16,357
Total operating expenses 12,809 11,129 38,144 32,499
Operating income 23,076 24,126 94,543 85,163
Other income/(expense), net (10) 243 (97) 796
Income before provision for income taxes 23,066 24,369 94,446 85,959
Provision for income taxes 3,624 2,625 15,364 11,830
Net income $ 19,442 $ 21,744 $ 79,082 $ 74,129
Earnings per share:        
Basic (in dollars per share) $ 1.20 $ 1.31 $ 4.86 $ 4.42
Diluted (in dollars per share) $ 1.20 $ 1.30 $ 4.82 $ 4.38
Shares used in computing earnings per share:        
Basic (in shares) 16,162,945 16,629,371 16,277,824 16,772,656
Diluted (in shares) 16,262,203 16,781,735 16,394,937 16,941,527
Products        
Net sales $ 63,355 $ 63,948 $ 245,241 $ 232,309
Cost of sales 41,485 40,899 155,084 149,476
Services        
Net sales 19,604 17,486 58,941 50,148
Cost of sales $ 5,589 $ 5,280 $ 16,411 $ 15,319