{
  "schema": "canli.learn-examples.v1",
  "note": "The figures the lessons at /learn use, as filed with the SEC or as computed from these figures. Prices are closing prices on the date given. Education, not advice.",
  "apple": {
    "company": "Apple Inc.",
    "filing": "https://www.sec.gov/Archives/edgar/data/320193/000032019325000079/aapl-20250927.htm",
    "accession": "0000320193-25-000079",
    "filed": "2025-10-31",
    "units": "USD millions, except per share and shares in thousands",
    "fiscal_2025": {
      "year_ended": "2025-09-27",
      "net_sales": 416161,
      "cost_of_sales": 220960,
      "gross_margin": 195201,
      "research_and_development": 34550,
      "selling_general_administrative": 27601,
      "operating_income": 133050,
      "other_income_net": -321,
      "income_taxes": 20719,
      "net_income": 112010,
      "eps_diluted": 7.46,
      "diluted_shares_thousands": 15004697,
      "dividends_declared_per_share": 1.02,
      "dividends_paid": 15421,
      "gross_margin_percent": 46.9,
      "operating_margin_percent": 32.0,
      "net_margin_percent": 26.9,
      "gross_margin_per_100_of_sales": 46.9
    },
    "fiscal_2024": {
      "year_ended": "2024-09-28",
      "operating_income": 123216,
      "income_taxes": 29749,
      "net_income": 93736,
      "eps_diluted": 6.08
    },
    "fiscal_2023": {
      "year_ended": "2023-09-30",
      "operating_income": 114301,
      "income_taxes": 16741,
      "net_income": 96995
    },
    "tax_note": "Apple's fiscal 2025 10-K says its effective tax rate fell compared to 2024 due to a $10.7 billion year-over-year decrease in the provision for income taxes related to the State Aid Decision.",
    "tax_change_usd_billions": 10.7,
    "close_2026_10_30": 344.63,
    "pe_on_fiscal_2025": 46.2,
    "pe_on_fiscal_2024": 56.7,
    "in_dollars": {
      "operating_income_fiscal_2023": 114301000000,
      "operating_income_fiscal_2024": 123216000000,
      "net_income_fiscal_2023": 96995000000,
      "net_income_fiscal_2024": 93736000000,
      "net_income_fiscal_2025": 112010000000,
      "income_taxes_fiscal_2023": 16741000000,
      "income_taxes_fiscal_2024": 29749000000,
      "dividends_paid_fiscal_2025": 15421000000,
      "operating_income_fiscal_2025": 133050000000,
      "tax_change": 10700000000,
      "diluted_shares_fiscal_2025": 15004697000
    }
  },
  "jpmorgan": {
    "company": "JPMorgan Chase & Co",
    "accession": "0001628280-26-008131",
    "filed": "2026-02-13",
    "fiscal_2025_eps_diluted": 20.02,
    "close_2026_10_30": 337.04,
    "pe_on_fiscal_2025": 16.8
  },
  "voo": {
    "fund": "Vanguard 500 Index Fund (VOO)",
    "report_as_of": "2026-06-30",
    "report_filed": "2026-08-28",
    "report_days_after_quarter": 60,
    "filing": "https://www.sec.gov/Archives/edgar/data/36405/000003640526000473/0000036405-26-000473-index.htm",
    "stock_lines": 506,
    "top_10_percent": 36.49,
    "holdings": [
      {
        "name": "NVIDIA",
        "percent": 7.53,
        "per_1000_usd": 75
      },
      {
        "name": "Apple",
        "percent": 6.61,
        "per_1000_usd": 66
      },
      {
        "name": "Microsoft",
        "percent": 4.31,
        "per_1000_usd": 43
      },
      {
        "name": "Amazon",
        "percent": 3.63,
        "per_1000_usd": 36
      },
      {
        "name": "Alphabet class A",
        "percent": 3.26,
        "per_1000_usd": 33
      },
      {
        "name": "Broadcom",
        "percent": 2.78,
        "per_1000_usd": 28
      },
      {
        "name": "Alphabet class C",
        "percent": 2.6,
        "per_1000_usd": 26
      },
      {
        "name": "Micron",
        "percent": 2.02,
        "per_1000_usd": 20
      },
      {
        "name": "Meta",
        "percent": 1.92,
        "per_1000_usd": 19
      },
      {
        "name": "Tesla",
        "percent": 1.84,
        "per_1000_usd": 18
      }
    ],
    "alphabet_both_classes_percent": 5.85,
    "alphabet_both_classes_per_1000_usd": 58
  },
  "luck": {
    "coin_flips": 10,
    "people_for_one_run_of_heads": 1024,
    "false_alarm_percent": 5,
    "strategies_tried_a": 20,
    "chance_one_looks_real_a_percent": 64,
    "strategies_tried_b": 100,
    "chance_one_looks_real_b_percent": 99.4
  },
  "page": {
    "note": "Counts the lessons state about themselves.",
    "per_100": 100,
    "per_1000": 1000,
    "lessons": 5,
    "lesson_numbers": [
      1,
      2,
      3,
      4,
      5
    ],
    "minutes_to_read": [
      1,
      2,
      3,
      4,
      5,
      6
    ]
  }
}