Earning per Share (EPS)

Apple reported a quarterly EPS of $2.58 for Q2 2020. For the same period they reported 4.35 billion shares outstanding. Therefore what is the adjusted net profit used to calculate the EPS?

$11.223 billion

$22.331 billion

$15.165 billion

Which of these would you expect to not include when calculating net profit for the purposes of calculating basic EPS?

Costs associated with divesting part of the company

Profits from selling a product that the company recently discontinued

Costs associated with developing the latest version of a product

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