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Apple reports third-quarter results



This press release contains promising statements within the meaning of the Private Securities Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s expectations regarding the impact of the COVID-19 pandemic; estimated income, gross margin, operating expenses, other income / (expenses) and tax rate; return on capital plans; four to one stock divided; and a commitment to carbon neutral by 2030. These statements include risks and uncertainties, and actual results may differ materially from any future results expressed or implied in forward-looking statements. Risks and uncertainties include, without limitation: the impact of the COVID-19 pandemic on the Company̵

7;s business, results of operations, financial condition and share price; the impact of global and regional economic conditions on the Company’s business, including the impact on buyers ‘and businesses’ purchasing decisions; the Company’s ability to compete in markets that are highly competitive and subject to rapid technological change; the Company’s ability to timely manage frequent introductions and transitions of products and services, including delivery to the market, and stimulating customer demand for new products, services and technological innovations; an effect that shifts in a combination of products and services and in a geographical, currency or channel combination increases the cost of components, increases the cost of purchasing and delivering content for the Company’s services, price competition or the introduction of new products or services, including new products or services cost structure, may have a gross margin of the Company; the Company’s dependence on the productivity of the Company’s product distributors, including cellular network operators and other resellers; the risk of write-off of inventories and other assets and the risk of cancellation of acquisition obligations; the continued availability, on acceptable terms or in general, of certain components, services and new technologies relevant to the Company’s operations, including components and technologies that may only be available from individual or limited sources; the Company’s dependence on production and logistics services provided by third parties, many of which are located outside the United States and that may affect the quality, quantity, or cost of the products or services provided to the Company; the impact of defects in the design and manufacture of goods and services on the financial performance and reputation of the Company; the Company’s dependence on third-party intellectual property and digital content that may not be available to the Company on commercially reasonable terms or at all; the Company’s dependence on support from third-party software developers for the development and support of software applications and services for the Company’s products; the impact of adverse litigation, such as the potential finding that the Company has infringed the intellectual property rights of others; the impact of complex and changing laws and regulations around the world that expose the Company to potential liabilities, increased costs and other adverse effects on the Company’s business; 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 business and reputation of the Company due to failures in the information technology system, network disruptions or losses or unauthorized access to or release of confidential information; the Company’s ability to comply with data protection laws and regulations; continuous service and availability of key managers and employees; political events, international trade disputes, war, terrorism, natural disasters, health problems and other business disruptions that may disrupt the supply or supply or demand for 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; changes in tax rates and the impact of additional tax liabilities. More detailed information about these risks and other potential factors that may affect the Company’s business and financial results is contained in the Company’s submissions to the SEC, including the sections “Risk Factors” and “Discussion and Analysis of Management’s Financial Statement and Performance”. the latest submitted periodic reports of the Company on Form 10-K and Form 10-Q and subsequent submissions. The Company undertakes no obligation to update any forward-looking statements or information that indicate their dates.


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