Apple Reports Second Quarter Results
Apple regularly provides information to investors on its corporate website, apple.com, and on its investor relations website, investor.apple.com. This includes press releases and other financial performance information, reports submitted or submitted to the SEC, corporate governance information, and details related to its annual shareholder meeting.
This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, those on the company’s plans for repayment of capital, payment of its quarterly dividend and your investment. environmental plans and initiatives. These statements involve risks and uncertainties, and actual results may differ materially from any 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 business, the results of operations, the financial position and the price of the company’s shares; 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 and subject to rapid technological change; the company’s ability to manage the frequent introductions and transitions of products and services, including the delivery to the market and the stimulation of customer demand for new products, services and technological innovations in a timely manner; the changing effect on the combination of products and services and the combination of geography, currency or channels, rising cost of components, rising cost of development, acquisition and delivery of content for company services, price competition, or the introduction of new products or services, including new products or services with higher cost structures, could have on the company’s gross margin; the company’s reliance on the performance of distributors of the company’s products, including mobile network operators and other distributors; the risk of write-down of the value of stocks and other assets and the risk of cancellation of the purchase commitment; the continued availability on or under acceptable terms of certain components, services and new technologies essential to the Company’s business, including components and technologies that may only be available from individual or limited sources; the company’s reliance on third-party manufacturing and logistics services, many of which are outside the United States and which may affect the quality, quantity, or cost of the products manufactured or services provided to the company; the effect of design and manufacturing defects on products and services on the company’s financial performance and reputation; failure to obtain or create digital content that attracts the Company’s customers, or failure to make such content available on commercially reasonable terms; the company’s reliance 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 the support of third-party software developers to develop and maintain software applications and services for the company’s products; the impact of unfavorable court 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; the intense media, political and regulatory control, which exposes the company to increasing regulation, government investigations, legal action 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 business and the company’s reputation of information technology system failures, network disruptions or loss or unauthorized access to or release of confidential information; the Company’s ability to comply with data protection laws and regulations; continued service and availability of highly qualified employees, including key staff; political events, trade disputes and other international disputes, wars, terrorism, natural disasters, public health problems, industrial accidents and other commercial interruptions that could disrupt the supply, delivery or demand of the Company’s products; financial risks, including risks related 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 U.S. or international tax laws, and exposure to additional tax liabilities. More information about these risks and other potential factors that could affect the company’s business and financial results is included in the company’s SEC filings, including the “Risk Factors” and “Management Discussions and Analysis” sections. of the financial position and results of operations “of the latest periodic reports submitted by the company on Form 10-K and Form 10-Q and subsequent submissions. The company assumes no obligation to update any forward-looking statements or information, which speaks to their respective dates.