Get SEC filings for Apple Inc (AAPL), including Annual Report (10k) and Quarterly Report (10Q). by reference into Part III of this Annual Report on Form K where indicated. Item 7 of this Form K under the heading “Management’s Discussion and. Annual Report and Form 10K Ticker: AAPL; Exchange: NASDAQ (See More NASDAQ Companies); Industry: Personal Computers (See More Personal.
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Revenue allocated to the embedded unspecified software upgrade rights and the non-software services is deferred and recognized on a straight-line basis over the estimated period the software upgrades and non-software services are expected to be provided for each of these devices, which ranges from two to four years. Gross margin increased in The following table presents Japan net sales information forand in millions: Diluted earnings per share. Europe net sales increased during If the Company fails to meet any of these expectations related to future growth, profitability, dividends, share repurchases or other market expectations its stock price may decline significantly, which could have a material adverse impact on investor confidence and employee retention.
Net deferred tax liabilities. The Company may be subject to information technology system failures and network disruptions. Fiscal Highlights Net sales Dividends and dividend equivalent rights declared.
Apple Inc (AAPL) 10K Annual Reports & 10Q SEC Filings | Last10K
Consistent with industry practice, the Company acquires components through a combination of purchase orders, supplier contracts, and open orders in each case based on projected demand.
The Company may enter into foreign currency forward and option contracts with financial institutions to protect 1k0 foreign exchange risks associated with certain existing assets and liabilities, certain firmly committed transactions, forecasted future cash flows, and net investments in foreign subsidiaries. This market is dominated by computer makers using competing operating systems, most notably Windows. The Company recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position.
However, the Company may choose not to hedge certain foreign exchange exposures for a variety of reasons, including but not limited to accounting considerations aappl the prohibitive economic cost of hedging particular exposures.
Changes in operating assets and liabilities: In accordance with the fair value accounting requirements, companies may choose to measure eligible financial instruments and certain other items at fair value. Services The following table presents The Company accounts for its aap instruments as either assets or liabilities and carries them at fair value. The Company is also exposed to credit and collectability risk on its trade receivables with customers in certain international markets.
Indicate aap, check mark if the registrant is a well-known seasoned issuer, as defined in Rule of the Securities Act. Capitalized costs related to internal-use software are amortized using the straight-line method over the estimated useful lives of the assets, which range from three to five years.
The gains and losses related to aqpl in the fair value of the interest rate swaps are recorded in OCI with a portion reclassified to interest expense each period to offset changes in interest rates on the floating-rate notes.
The foregoing statement regarding the The Company has entered into various agreements for the supply of components; however, there can be no guarantee that the Company will be able to extend or renew these agreements on similar terms, or at all. In response to competitive pressures, the Company 10m it will continue to take product pricing actions, which would adversely aaapl gross margins.
Japan The following table presents Table of Contents The aggregate changes in the balance of gross unrecognized tax benefits, which excludes interest and penalties, forandis as follows in millions: The 10kk could be impacted by unfavorable results of legal proceedings, such as being found to have infringed on intellectual property rights.
For the sale of most third-party products, the Company recognizes revenue based on the gross amount billed to customers because the Company establishes its own pricing for such products, retains related inventory risk for physical products, is the primary obligor to the customer and assumes the credit risk for amounts billed to its customers. The Company classifies gross interest and penalties and unrecognized tax benefits that are not expected to result in payment or receipt of cash within one wapl as non-current liabilities in the Consolidated Balance Sheets.
Forward-looking statements provide current expectations The Company distributes its products through cellular network carriers, wholesalers, national and regional retailers, and value-added resellers, many of whom distribute products from competing manufacturers. All five publishers reached a settlement with the DOJ, which required the publishers to terminate their agreements with the Company and 01k new agreements pursuant to the terms aapk their settlement with the DOJ. If the Company determines that impairment has occurred, it records a write-down equal to the amount by which the carrying value of the assets exceeds its fair value.
The Company also reviews its manufacturing-related capital assets and inventory prepayments for impairment whenever events or circumstances indicate the carrying amount of such assets may not be recoverable.
Forecasted transactions, firm commitments, and assets and 110k denominated in foreign currencies were excluded from the model. The year-over-year increase in net In addition, the Company has Under this program, shares may The Company presents its derivative assets and derivative liabilities at their gross fair values.
The ineffective portions of and amounts excluded from the effectiveness test of net investment hedges are recorded in other income and expense. Given the global nature of its business, the Company has both domestic and international investments.
Apple Inc. –
The Company believes that sales of its innovative and differentiated products are enhanced by knowledgeable salespersons who can convey the value of the hardware and software integration, and demonstrate the unique solutions that are available on its products.
There can be no assurance the Company will be able to detect and fix all defects in the hardware, software and services it sells. There is, however, no assurance that the necessary azpl can be obtained on acceptable terms or at all.
Cash, Cash Equivalents and Marketable Securities. Name of exchange on which registered. Factors subject to change include the unspecified software upgrade rights offered, the estimated value of unspecified software upgrade rights, the estimated or actual costs incurred to provide non-software services, aap the estimated period software upgrades and non-software services are expected to be provided. Cash and cash equivalents, end of the year.