Apple Reports First Quarter Results – Apple Newsroom4 min read

This press release consists of positive statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These positive declarations consist of without constraint those about the Companys expectations concerning the effect of the COVID-19 pandemic; anticipated revenue, gross margin, operating costs, other earnings/(cost), and tax rate; prepare for return of capital; our objective of maintaining a net cash neutral position; and our financial investment plans and efforts. These declarations involve threats and uncertainties, and actual outcomes may differ materially from any future results revealed or indicated by the positive statements. Risks and uncertainties consist of without restriction: the effect of the COVID-19 pandemic on the Companys organization, outcomes of operations, monetary condition, and stock price; the result of regional and worldwide financial conditions on the Companys business, including effects on buying decisions by consumers and businesses; the ability of the Company to complete in markets that are extremely competitive and subject to rapid technological change; the capability of the Company to manage frequent intros and transitions of products and services, consisting of providing to the market, and promoting client need for, brand-new products, services, and technological innovations on a prompt basis; the impact that shifts in the mix of product or services and in the geographical, currency, or channel mix, part boost, increases in the cost of providing and getting material for the Companys services, rate competitors, or the intro of brand-new service or products, including brand-new product and services with higher cost structures, could have on the Companys gross margin; the dependency of the Company on the performance of distributors of the Companys products, consisting of cellular network carriers and other resellers; the danger of write-downs on the worth of stock and other properties and purchase commitment cancellation threat; the continued availability on acceptable terms, or at all, of certain parts, services, and brand-new innovations vital to the Companys service, including parts and technologies that might just be readily available from single or minimal sources; the dependency of the Company on production and logistics services supplied by 3rd parties, many of which are situated outside of the United States and which might impact the quality, quantity, or expense of products produced or services rendered to the Company; the impact of services and product design and production problems on the Companys monetary performance and track record; the dependency of the Company on third-party intellectual residential or commercial property and digital content, which may not be readily available to the Company on commercially sensible terms or at all; the dependence of the Company on support from third-party software application designers to maintain and establish software applications and services for the Companys products; the impact of unfavorable legal procedures or government examinations; the effect of complex and altering laws and regulations worldwide, which expose the Company to potential liabilities, increased costs, and other negative impacts on the Companys organization; the ability of the Company to manage threats associated with the Companys stores; the ability of the Company to handle risks connected with the Companys financial investments in brand-new business techniques and acquisitions; the influence on the Companys business and credibility from info technology system failures, network interruptions, or losses or unapproved access to, or release of, confidential info; the ability of the Company to adhere to laws and policies relating to data security; the continued service and availability of essential executives and workers; political events, worldwide trade disagreements, war, terrorism, natural disasters, public health concerns, and other business interruptions that might interrupt supply or shipment of, or demand for, the Companys items; financial dangers, including threats associating with currency variations, credit threats, and variations in the market value of the Companys investment portfolio; and changes in tax rates and exposure to additional tax liabilities. More information on these threats and other prospective elements that could impact the Companys business and financial results is included in the Companys filings with the SEC, including in the “Risk Factors” and “Managements Discussion and Analysis of Financial Condition and Results of Operations” sections of the Companys most just recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company presumes no commitment to update any positive declarations or details, which speak since their particular dates.

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