Apple (AAPL) 8-K Other Events

Exhibit 12.1

Apple Inc.

Computation of Ratio of Earnings to Fixed Charges

(In millions, except ratios)

			Years ended
	3 Months Ended December 31, 2016		September 24, 2016		September 26, 2015		September 27, 2014		September 28, 2013		September 29, 2012
Earnings
Income before provision for income taxes	$	24,180	$	61,372	$	72,515	$	53,483	$	50,155	$	55,763
Add: Fixed Charges		576		1,644		892		527		265		98
Total Earnings	$	24,756	$	63,016	$	73,407	$	54,010	$	50,420	$	55,861
Fixed Charges (a)
Interest Expense	$	525	$	1,456	$	733	$	384	$	136	$	—
Interest component of rental expense		51		188		159		143		129		98
Total Fixed Charges	$	576	$	1,644	$	892	$	527	$	265	$	98
Ratio of Earnings to Fixed Charges (b)		43		38		82		102		190		570

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

(b) The ratio of earnings to fixed charges is computed by dividing Total Earnings by Total Fixed Charges.