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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Sep. 28, 2013
Net sales $ 233,715 $ 182,795 $ 170,910
Cost of sales 140,089 112,258 106,606
Gross margin 93,626 70,537 64,304
Operating expenses:      
Research and development 8,067 6,041 4,475
Selling, general and administrative 14,329 11,993 10,830
Total operating expenses 22,396 18,034 15,305
Operating income 71,230 52,503 48,999
Other income/(expense), net 1,285 980 1,156
Income before provision for income taxes 72,515 53,483 50,155
Provision for income taxes 19,121 13,973 13,118
Net income $ 53,394 $ 39,510 $ 37,037
Earnings per share:      
Basic $ 9.28 $ 6.49 $ 5.72
Diluted $ 9.22 $ 6.45 $ 5.68
Shares used in computing earnings per share:      
Basic 5,753,421 6,085,572 6,477,320
Diluted 5,793,069 6,122,663 6,521,634
Cash dividends declared per share $ 1.98 $ 1.82 $ 1.64