August 13, 2022

George Cafe Journal

The Power of Success

Apple Experiences 2nd Quarter Results

This press release has ahead-seeking statements, within the that means of the Non-public Securities Litigation Reform Act of 1995. These forward-seeking statements consist of without the need of limitation these about the Company’s anticipations concerning the affect of the COVID-19 pandemic predicted income, gross margin, running expenditures, other money/(cost), and tax fee programs for return of capital our objective of preserving a internet money neutral placement and our expenditure strategies and environmental initiatives. These statements contain dangers and uncertainties, and true benefits could differ materially from any long run results expressed or implied by the forward-looking statements. Hazards and uncertainties involve with out limitation: the effect of the COVID-19 pandemic on the Company’s small business, outcomes of operations, economic affliction, and inventory selling price the effect of global and regional economic ailments on the Company’s small business, together with effects on acquiring decisions by shoppers and enterprises the ability of the Corporation to contend in markets that are really competitive and topic to rapid technological transform the potential of the Enterprise to regulate frequent introductions and transitions of items and providers, which includes offering to the marketplace, and stimulating client demand for, new items, services, and technological improvements on a timely basis the result that shifts in the mix of products and providers and in the geographic, forex, or channel combine, part price tag boosts, increases in the price tag of acquiring and offering articles for the Company’s expert services, cost level of competition, or the introduction of new solutions or expert services, such as new items or products and services with larger cost structures, could have on the Company’s gross margin the dependency of the Business on the effectiveness of distributors of the Company’s products, such as mobile network carriers and other resellers the hazard of compose-downs on the worth of stock and other belongings and acquire motivation cancellation hazard the ongoing availability on suitable terms, or at all, of certain parts, companies, and new systems crucial to the Company’s business, which include components and systems that could only be readily available from one or minimal resources the dependency of the Firm on production and logistics solutions provided by 3rd get-togethers, numerous of which are located outside of the US and which may possibly impact the quality, quantity, or price tag of goods created or expert services rendered to the Firm the effect of products and expert services style and design and production problems on the Company’s monetary performance and standing the dependency of the Company on third-get together mental property and digital content, which may well not be out there to the Business on commercially realistic phrases or at all the dependency of the Corporation on assistance from 3rd-bash application builders to produce and preserve software package purposes and providers for the Company’s products the affect of unfavorable authorized proceedings or authorities investigations the affect of sophisticated and changing legal guidelines and laws all over the world, which expose the Business to potential liabilities, enhanced expenses, and other adverse effects on the Company’s company the ability of the Company to take care of hazards affiliated with the Company’s retail shops the skill of the Business to handle risks involved with the Company’s investments in new organization procedures and acquisitions the affect on the Company’s organization and popularity from information and facts know-how program failures, network disruptions, or losses or unauthorized access to, or release of, private details the potential of the Corporation to comply with legal guidelines and rules pertaining to info protection the ongoing provider and availability of important executives and staff political occasions, worldwide trade disputes, war, terrorism, natural disasters, community health concerns, and other small business interruptions that could disrupt supply or shipping of, or desire for, the Company’s products and solutions economic risks, like dangers relating to currency fluctuations, credit score dangers, and fluctuations in the current market price of the Company’s financial commitment portfolio and improvements in tax fees and exposure to further tax liabilities. Much more data on these dangers and other prospective variables that could have an impact on the Company’s small business and monetary results is integrated in the Company’s filings with the SEC, which includes in the “Risk Factors” and “Management’s Dialogue and Evaluation of Economical Ailment and Effects of Operations” sections of the Company’s most just lately submitted periodic stories on Type 10-K and Form 10-Q and subsequent filings. The Enterprise assumes no obligation to update any ahead-on the lookout statements or details, which discuss as of their respective dates.