Apple periodically provides information to investors on its corporate website, apple.com, and its investor relations website, investor.apple.com. This includes press releases and other financial performance information, reports filed with or provided to the SEC, corporate governance information, and details related to its annual meeting of shareholders.
This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, those regarding the Company’s capital repayment plans, the payment of its dividend quarterly and its investment plans and environmental initiatives. These statements involve risks and uncertainties, and actual results may differ materially from future results expressed or implied by the forward-looking statements. Risks and uncertainties include, but are not limited to: the effect of the COVID-19 pandemic on the Company’s business, results of operations, financial condition and stock price; the effect of global and regional economic conditions on the Company’s business, including effects on consumer and business purchasing decisions; the Company’s ability to compete in highly competitive markets subject to rapid technological change; the Company’s ability to manage frequent product and service introductions and transitions, including delivering to market and driving customer demand for new products, services and technology innovations on a timely basis; the effect that changes the product and service mix and geographic, currency or channel mix, increases in component costs, increases in the costs of developing, acquiring and delivering content for the Company’s services, price competition or the introduction of new products or services, including new products or services with higher cost structures, could affect the Company’s gross margin; the Company’s dependence on the performance of distributors of the Company’s products, including cellular network operators and other resellers; the risk of impairment of the value of inventories and other assets and the risk of cancellation of purchase commitments; the continued availability on acceptable terms, if at all, of certain components, services and new technologies critical to the Company’s business, including components and technologies that may only be available from unique or limited sources; the Company’s dependence on manufacturing and logistics services provided by third parties, many of which are located outside of the United States and which may affect the quality, quantity or cost of products manufactured or services rendered to the society ; the effect of defects in the design and manufacture of products and services on the Company’s financial performance and reputation; failure to obtain or create digital content that is attractive to the Company’s customers, or to make such content available on commercially reasonable terms; the Company’s dependence on third-party intellectual property, which may not be available to the Company on commercially reasonable terms or at all; the Company’s reliance on assistance from third-party software developers to develop and maintain software applications and services for the Company’s products; the impact of adverse legal proceedings or government investigations; the impact of complex and changing laws and regulations around the world, which expose the Company to potential liabilities, increased costs and other adverse effects on the Company’s business; intense media, political and regulatory scrutiny, which exposes the Company to increasing regulation, government investigations, lawsuits and sanctions; the Company’s ability to manage the risks associated with the Company’s retail stores; the Company’s ability to manage the risks associated with the Company’s investments in new business strategies and acquisitions; the impact on the Company’s business and reputation of computer system failures, network disruptions or loss of or unauthorized access to, or disclosure of confidential information; the Company’s ability to comply with data protection laws and regulations; the continued service and availability of highly qualified employees, including key personnel; political events, trade and other international disputes, war, terrorism, natural disasters, public health concerns, industrial accidents and other business interruptions that could disrupt the supply, delivery or demand of the Company’s products; financial risks, including risks relating to currency fluctuations, credit risks and fluctuations in the market value of the Company’s investment portfolio; and changes in tax rates, the adoption of new US or international tax laws and exposure to additional tax liabilities. Further information about these risks and other potential factors that could affect the Company’s business and financial results are included in the Company’s filings with the SEC, including in the sections “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of the most recent periodic reports filed by the Company on Forms 10-K and 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
About Apple
Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with the iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s five software platforms – iOS, iPadOS, macOS, watchOS and tvOS – deliver seamless experiences across all Apple devices and provide users with groundbreaking services including the App Store, Apple Music, Apple Pay and iCloud . Apple’s more than 100,000 employees are dedicated to making the best products on earth and leaving the world a better place than we found it.
