Apple (AAPL) 8-K Other Events

Exhibit 12.1

Apple Inc.

Computation of Ratio of Earnings to Fixed Charges

(In millions, except ratios)

	Three Months Ended		Years ended
	December 26, 2015		September 26, 2015		September 27, 2014		September 28, 2013		September 29, 2012		September 24, 2011
Earnings
Income before provision for income taxes	$	24,573	$	72,515	$	53,483	$	50,155	$	55,763	$	34,205
Add: Fixed Charges		320		892		527		265		98		68
Total Earnings	$	24,893	$	73,407	$	54,010	$	50,420	$	55,861	$	34,273
Fixed Charges(1)
Interest expense	$	276	$	733	$	384	$	136	$	0	$	0
Interest component of rental expense		44		159		143		129		98		68
Total Fixed Charges	$	320	$	892	$	527	$	265	$	98	$	68
Ratio of Earnings to Fixed Charges(2)		78		82		102		190		570		504

(1) Fixed charges include the portion of rental expense that management believes is representative of the interest component.

(2) The ratio of earnings to fixed charges is computed by dividing (i) earnings before income taxes plus fixed charges by (ii) fixed charges.