Apple announces second-quarter results

This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, those relating to the Company’s plans for return on capital, its quarterly dividend payment, and its investment plans and environmental initiatives. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by forward-looking statements. The risks and uncertainties include, but are not limited to: the impact of the COVID-19 pandemic on the Company’s business, results of operations, financial condition and stock price; The impact of global and regional economic conditions on the company’s business, including effects on purchasing decisions by consumers and businesses; The company’s ability to compete in highly competitive markets subject to rapid technological change; The company’s ability to manage the identification and frequent transformations of products and services, including delivery to market, and to stimulate customer demand for new products and services and technological innovations in a timely manner; The effect that shifts in the mix of products and services and in the geographic mix, currency or channel, an increase in the cost of components, an increase in the cost of developing, acquiring and providing content for company services, price competition, or the introduction of new content products or services, including new products or services With more expensive structures, they can have a gross margin for the company; The Company’s reliance on the performance of the Company’s product distributors, including cellular network carriers and other vendors; The risk of write-downs to the value of inventory and other assets and the risk of canceling the purchase obligation; the continued availability, on acceptable terms, or at all, of certain new components, services and technologies necessary to the functioning of the Company, including components and technologies that may be available only from individual or limited sources; Company’s reliance on third-party manufacturing and logistics services, many of which are located outside the United States and which may affect the quality, quantity, or cost of products manufactured or services provided to the Company; The impact of product and service design and manufacturing defects on the company’s financial performance and reputation; not to obtain or create digital content that attracts the Company’s customers, or not to make such content available on commercially reasonable terms; Company’s reliance on third party intellectual property, which may not be available to Company on commercially reasonable terms or at all; Company’s reliance on support from third-party software developers to develop and maintain software applications and services for Company products; the impact of unfavorable legal action 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 negative effects on the Company’s business; extensive media, political and regulatory scrutiny, which exposes the company to increased 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; impact on the Company’s business and reputation from IT system failures, network failures, losses, or unauthorized access to or release of confidential information; The Company’s ability to comply with laws and regulations relating to data protection; continuous service and availability of highly skilled personnel, including key personnel; political events, commercial and other international disputes, war, terrorism, natural disasters, public health issues, industrial accidents, and other business interruptions that may 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 US or international tax legislation, and exposure to additional tax obligations. 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 filings with the Securities and Exchange Commission, including the “Risk Factors” and “Management Discussion and Analysis of Financial Condition and Results of Operations” section of the most recent reports Company filing periodicals on Form 10-K, Form 10-Q, and subsequent filings. The Company assumes no obligation to update any statements or forward-looking information, which speak on the dates of each.

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