Company profile

Ticker
AAPL
Exchange
Website
CEO
Timothy Donald Cook
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
APPLE COMPUTER INC, APPLE COMPUTER INC/ FA, APPLE INC
SEC CIK
IRS number
942404110

AAPL stock data

(
)

Calendar

31 Jul 20
22 Oct 20
26 Sep 21

News

Quarter (USD) Jun 20 Mar 20 Dec 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Sep 19 Sep 18 Sep 17 Sep 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Apple earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
16 Oct 20 Kondo Chris Common Stock Sell Dispose S Yes 121.34 14,840 1.8M 26,876
16 Oct 20 O'brien Deirdre Common Stock Sell Dispose S Yes 120.14 12,452 1.5M 135,888
16 Oct 20 O'brien Deirdre Common Stock Sell Dispose S Yes 119.58 18,748 2.24M 148,340
15 Oct 20 Kondo Chris Common Stock Payment of exercise Dispose F No 120.71 11,528 1.39M 41,716
15 Oct 20 Kondo Chris Common Stock Option exercise Aquire M No 0 23,652 0 53,244
15 Oct 20 Kondo Chris RSU Common Stock Option exercise Dispose M No 0 4,568 0 27,420
15 Oct 20 Kondo Chris RSU Common Stock Option exercise Dispose M No 0 4,428 0 17,720
15 Oct 20 Kondo Chris RSU Common Stock Option exercise Dispose M No 0 6,368 0 12,740
15 Oct 20 Kondo Chris RSU Common Stock Option exercise Dispose M No 0 8,288 0 0
15 Oct 20 O'brien Deirdre Common Stock Payment of exercise Dispose F No 120.71 35,332 4.26M 167,088
14.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 3301 3259 +1.3%
Opened positions 167 150 +11.3%
Closed positions 125 176 -29.0%
Increased positions 1172 1152 +1.7%
Reduced positions 1750 1804 -3.0%
13F shares
Current Prev Q Change
Total value 931.79B 657.02B +41.8%
Total shares 2.55B 2.69B -4.9%
Total puts 60.83M 72.1M -15.6%
Total calls 62.08M 67.08M -7.5%
Total put/call ratio 1.0 1.1 -8.8%
Largest owners
Shares Value Change
Vanguard 328.99M $120.02B -2.3%
BLK BlackRock 275.46M $100.49B +0.3%
BRK.A Berkshire Hathaway 245.16M $89.43B 0.0%
STT State Street 177.26M $64.67B -1.8%
FMR 95.83M $34.96B +2.6%
Geode Capital Management 62.92M $22.91B -2.0%
N Price T Rowe Associates 58.27M $21.26B +3.7%
NTRS Northern Trust 53.54M $19.53B -0.6%
BK Bank of New York Mellon 42.8M $15.62B +2.3%
BAC Bank of America 39.4M $14.37B +1.3%
Largest transactions
Shares Bought/sold Change
Advisor 2.53M -114.24M -97.8%
Vanguard 328.99M -7.74M -2.3%
Wellington Management 32.45M +5.51M +20.5%
Nordea Investment Management Ab 9.5M +4.89M +106.3%
GS Goldman Sachs 22.06M -4.45M -16.8%
Susquehanna International 1.01M -4.05M -80.0%
STT State Street 177.26M -3.29M -1.8%
Arrowstreet Capital, Limited Partnership 1.51M -3.02M -66.7%
CS Credit Suisse 11.46M +2.97M +34.9%
FMR 95.83M +2.45M +2.6%

Financial report summary

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Risks
  • Global and regional economic conditions could materially adversely affect the Company’s business, results of operations, financial condition and growth.
  • Global markets for the Company’s products and services are highly competitive and subject to rapid technological change, and the Company may be unable to compete effectively in these markets.
  • To remain competitive and stimulate customer demand, the Company must successfully manage frequent introductions and transitions of products and services.
  • The Company depends on the performance of carriers, wholesalers, retailers and other resellers.
  • The Company is exposed to the risk of write-downs on the value of its inventory and other assets, in addition to purchase commitment cancellation risk.
  • Future operating results depend upon the Company’s ability to obtain components in sufficient quantities on commercially reasonable terms.
  • The Company depends on component and product manufacturing and logistical services provided by outsourcing partners, many of which are located outside of the U.S.
  • The Company’s products and services may be affected from time to time by design and manufacturing defects that could materially adversely affect the Company’s business and result in harm to the Company’s reputation.
  • The Company relies on access to third-party digital content, which may not be available to the Company on commercially reasonable terms or at all.
  • The Company’s future performance depends in part on support from third-party software developers.
  • The Company relies on access to third-party intellectual property, which may not be available to the Company on commercially reasonable terms or at all.
  • The Company could be impacted by unfavorable results of legal proceedings, such as being found to have infringed on intellectual property rights.
  • The Company is subject to complex and changing laws and regulations worldwide, which exposes the Company to potential liabilities, increased costs and other adverse effects on the Company’s business.
  • The Company’s retail stores have required and will continue to require a substantial investment and commitment of resources and are subject to numerous risks and uncertainties.
  • Investment in new business strategies and acquisitions could disrupt the Company’s ongoing business and present risks not originally contemplated.
  • The Company’s business and reputation may be impacted by information technology system failures or network disruptions.
  • There may be losses or unauthorized access to or releases of confidential information, including personally identifiable information, that could subject the Company to significant reputational, financial, legal and operational consequences.
  • The Company’s business is subject to a variety of U.S. and international laws, rules, policies and other obligations regarding data protection.
  • The Company’s success depends largely on the continued service and availability of key personnel.
  • The Company’s business can be impacted by political events, international trade disputes, war, terrorism, natural disasters, public health issues, industrial accidents and other business interruptions.
  • The Company expects its quarterly net sales and operating results to fluctuate.
  • The Company’s stock price is subject to volatility.
  • The Company’s financial performance is subject to risks associated with changes in the value of the U.S. dollar relative to local currencies.
  • The Company is exposed to credit risk and fluctuations in the values of its investment portfolio.
  • The Company is exposed to credit risk on its trade accounts receivable, vendor non-trade receivables and prepayments related to long-term supply agreements, and this risk is heightened during periods when economic conditions worsen.
  • The Company could be subject to changes in its tax rates, the adoption of new U.S. or international tax legislation or exposure to additional tax liabilities.
Management Discussion
  • Total net sales increased 11% or $5.9 billion during the third quarter of 2020 compared to the same quarter in 2019, primarily driven by higher net sales of Services, iPad and Mac. The year-over-year increase in net sales during the third quarter of 2020 reflected growth in all of the Company’s geographic reportable segments and product categories. The weakness in foreign currencies relative to the U.S. dollar had an unfavorable impact on net sales during the third quarter of 2020.
  • During the third quarter of 2020, the Company released a new iPhone SE and an updated 13-inch MacBook Pro®. The Company also announced iOS 14, iPadOS® 14, macOS® Big Sur, watchOS® 7 and tvOS® 14, updates to its operating systems that are expected to be available in the fall of 2020.
  • The Company repurchased $16.0 billion of its common stock and paid dividends and dividend equivalents of $3.7 billion during the third quarter of 2020.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: AdjustedCost, agency, annulled, Big, FairValue, Katherine, Max, preliminarily, pronounced, scheduled, SE, split, Subtotal, Sur, vast, Video
Removed: affirmed, agreement, authorization, creditable, dated, flat, invalidity, merit, Mine, successful, technology, Unregistered