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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Table of Contents between the fair market value of the stock issued at the time of the exercise and the exercise price. The dividend is payable on November 15, to shareholders of record as of the close of business on November 12, The Company also has entered into substantial operating lease commitments for retail space.
Management bases its estimates on historical experience and on various other assumptions it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities.
Apple Inc (AAPL) 10K Annual Reports & 10Q SEC Filings | Last10K
Mac net sales increased during Plaintiffs are also seeking digital rights management free versions of any songs downloaded from iTunes or an order requiring the Company to license its digital rights management to all competing music players. In recognition of these considerations, the Company may enter into arrangements to settle litigation. Decreases related to expiration of statute of limitations.
The Company is subject to taxation and files income tax returns in the U. As part of its strategy, the Company continues to expand its platform for the discovery and delivery of third-party digital content and applications through the iTunes Store.
Purchases of marketable securities. Intercompany accounts and transactions have been eliminated. Provision for income taxes. Because the Company uses foreign currency instruments for hedging purposes, the loss in fair value incurred on those instruments are generally offset by increases in the fair value of the underlying exposures.
Note that historic stock price performance is not necessarily indicative of future stock price performance. Key factors considered by the Company in developing the ESPs for software upgrade rights include prices charged by the Company for similar offerings, market trends in the pricing of Apple-branded and third-party Mac and iOS compatible software, the nature of the upgrade rights e. Table of Contents Mac.
The fair value of derivative liabilities is measured using Level 2 fair value inputs and is recorded as accrued expenses in the Consolidated Balance Sheets. The use of such hedging activities may not offset any or more than a portion of the adverse financial effects of unfavorable movements in foreign exchange rates over the limited time the hedges are in place.
The following table presents Rest of Asia Pacific net sales information forand in millions: Table of Contents these estimates to assess the adequacy of its recorded warranty liabilities considering the size of the installed base of products subject to warranty protection and adjusts the amounts as necessary. Provision for income taxes and effective tax rates forand aapk as follows in millions: The Company had no debt outstanding during and and accordingly did not incur any related interest expense.
Liquidity and Capital Resources The Because the Company currently obtains components from single or limited sources, the Company is subject to significant supply and pricing risks. Although the Company believes the ownership of such patents, copyrights, trademarks and service aaol is an important factor in its business and that its success does depend in part on the ownership aaapl, the Company relies primarily on the innovative skills, technical competence and marketing abilities of its personnel.
Apple Inc(AAPL) Annual Report (10K) Quarterly Report (10Q)
The Company relies on access to third-party intellectual property, which may not be available to the Company on commercially reasonable terms or at all. The following table presents Retail net sales information forand in millions, except for store counts: Weakening of 1k currencies relative to the U.
Get unlimited access to our online tools for reading Ks and Qs more efficiently including:. The Company records all derivatives in the Consolidated Balance Sheets at fair value. State taxes, net of federal effect. The Company first determines whether it is more likely than not that a tax position will be sustained upon examination.
The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. Accordingly, changes in exchange rates, and in particular a strengthening of the U. In addition, the Company has made prepayments to certain of its suppliers associated with long-term supply agreements aaapl secure supply of inventory components. The Company has five million shares of authorized preferred stock, none of which is issued or outstanding.
The growth in net sales during was primarily driven by increased demand for iPhone following the launches of iPhone 4s and iPhone 5, expanded distribution with a new iPhone carrier, strong demand for the third generation iPad and iPad 2, higher sales from the iTunes Store, and strength in the Japanese Yen relative to the U. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.
Diluted earnings per share. Account Information Already have an account? In addition, the Company sells a variety of third-party iPhone, iPad, Mac and iPod compatible products, including application software, and various accessories through its online and retail stores.
The year-over-year increase in Retail operating income in is primarily attributable to higher overall net sales that resulted in significantly higher average revenue per store during Total cash, cash equivalents and marketable securities.
First half growth in was driven by iPhone and iPad introductions at or near aaapl beginning of The Company also competes with illegitimate ways to obtain third-party digital content and applications. For multi-element arrangements that include Table of Contents The aggregate changes in the balance of gross unrecognized tax benefits, which excludes interest and penalties, forandis as follows 110k millions: This view is primarily based on the fact that unspecified software upgrade rights do not obligate the Company to provide upgrades at a particular time or at all, and do not specify to customers which upgrades or features will be delivered.
These outsourcing partners acquire components and build product based on demand information supplied by the Company, which typically covers periods up to days.
Apple Inc (AAPL) Files 10-K for the Fiscal Year Ended on September 30, 2018
Under these rules and obligations, if information is compromised, the Company could be liable to payment card issuers for associated expenses aalp penalties. These new ventures are inherently risky and may not be successful. The Company uses derivatives to partially offset its business exposure to foreign currency and interest rate risk.
At this time, the Company is unable to make a reasonably reliable estimate of the timing of payments in individual years in connection with these tax liabilities; therefore, such amounts apal not included in the above contractual obligation table. Other current and non-current assets.