v3.5.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Sep. 24, 2016
Sep. 26, 2015
Sep. 27, 2014
Income Statement [Abstract]      
Net sales $ 215,639 $ 233,715 $ 182,795
Cost of sales 131,376 140,089 112,258
Gross margin 84,263 93,626 70,537
Operating expenses:      
Research and development 10,045 8,067 6,041
Selling, general and administrative 14,194 14,329 11,993
Total operating expenses 24,239 22,396 18,034
Operating income 60,024 71,230 52,503
Other income/(expense), net 1,348 1,285 980
Income before provision for income taxes 61,372 72,515 53,483
Provision for income taxes 15,685 19,121 13,973
Net income $ 45,687 $ 53,394 $ 39,510
Earnings per share:      
Basic (in dollars per share) $ 8.35 $ 9.28 $ 6.49
Diluted (in dollars per share) $ 8.31 $ 9.22 $ 6.45
Shares used in computing earnings per share:      
Basic (in shares) 5,470,820 5,753,421 6,085,572
Diluted (in shares) 5,500,281 5,793,069 6,122,663
Cash dividends declared per share (in dollars per share) $ 2.18 $ 1.98 $ 1.82