Company: Apple Inc.
Ticker: AAPL
Form: 10-K
Filed: 2025-10-31
Fiscal Period: {"fp": "FY", "fy_curr": 2025, "fy_prev": 2024}

Question: By what percentage did Apple Inc.'s operating income change from fiscal year 2024 to fiscal year 2025?
Question Type: temporal_comparison

Concept: OperatingIncomeLoss
Answer (Numeric): 7.98
Answer (Display): 7.98%
Unit: percent_change

Evidence:
[{"chunk_id": "91", "equivalent_chunk_ids": ["91"], "section": "CONSOLIDATED STATEMENTS OF OPERATIONS", "supports": ["current", "previous"], "text": "(In millions, except number of shares, which are reflected in thousands, and per-share amounts)\nYears ended\nSeptember 27,\nSeptember 28,\nSeptember 30,\nNet sales:\nProducts\n307,003\n294,866\n298,085\nServices\n109,158\n96,169\n85,200\nTotal net sales\n416,161\n391,035\n383,285\nCost of sales:\nProducts\n194,116\n185,233\n189,282\nServices\n26,844\n25,119\n24,855\nTotal cost of sales\n220,960\n210,352\n214,137\nGross margin\n195,201\n180,683\n169,148\nOperating expenses:\nResearch and development\n34,550\n31,370\n29,915\nSelling, general and administrative\n27,601\n26,097\n24,932\nTotal operating expenses\n62,151\n57,467\n54,847\nOperating income\n133,050\n123,216\n114,301\nOther income/(expense), net\nIncome before provision for income taxes\n132,729\n123,485\n113,736\nProvision for income taxes\n20,719\n29,749\n16,741\nNet income\n112,010\n93,736\n96,995\nEarnings per share:\nBasic\n7.49\n6.11\n6.16\nDiluted\n7.46\n6.08\n6.13\nShares used in computing earnings per share:\nBasic\n14,948,500\n15,343,783\n15,744,231\nDiluted\n15,004,697\n15,408,095\n15,812,547\nSee accompanying Notes to Consolidated Financial Statements.\nApple Inc. | 2025 Form 10-K | 29\nApple Inc."}]

Derivation: {"current_value": 133050.0, "op": "pct_change", "previous_value": 123216.0}