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Apple reported 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 without limitation those relating to the Company’s plans for return on capital, payment of its quarterly dividend and its investment. environmental plans and initiatives. These statements imply risks and uncertainties, and actual results may differ materially from any future results expressed or implied by forward-looking statements. Risks and uncertainties include without limitation: the effect of the COVID-19 pandemic on the Company’s business, results of operations, financial condition and share price; the effect of global and regional economic conditions on the Company’s business, including the effects on purchasing decisions by consumers and businesses; the Company’s ability to compete in markets that are highly competitive and subject to rapid technological change; the Company’s ability to manage frequent introductions and transitions of products and services, including delivery to the market, and to stimulate customer demand for new products, services and technological innovations in a timely manner; the changing effect on the mix of products and services and on the geographical, currency or channel mix increases the cost of components, increases the cost of developing, acquiring and providing content for the Company’s services, competition of prices, or the introduction of new products or services, including new products or services with higher cost structures, could have on the Company’s gross margin; the Company’s reliance on the provision of distributors of the Company’s products, including cellular network carriers and other resellers; the risk of depreciation of the value of inventory and other assets and the risk of cancellation of the purchase commitment; the continuing availability in acceptable terms, or in whole, of certain new components, services, and technologies essential to the Company’s business, including components and technologies that may only be available from single or limited sources; the 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 the products manufactured or services provided to the third party. Company; the effect of defects in the design and manufacture of products and services on the financial performance and reputation of the Company; failure to obtain or create digital content that appeals to the Company’s customers, or to make such content available in commercially reasonable terms; the Company’s reliance on third party intellectual property, which may not be made available to the Company on commercially reasoned terms or in whole; the Company’s reliance on the support of third-party software developers to develop and maintain software applications and services for the Company’s products; the impact of unfavorable legal proceedings or government investigations; the impact of complex and changing laws and regulations around the world, which exposes the Company to potential liabilities, increased costs and other adverse effects on the Company’s business; the intense media, political and regulatory scrutiny, which exposes the Company to increasing regulation, government investigations, legal action and penalties; the Company’s ability to manage the risks associated with the Company’s sales warehouses; the Company’s ability to manage the risks associated with the Company’s investments in new trading and purchasing strategies; the impact on the Company’s business and reputation of information technology system failures, network disruptions, or loss or unauthorized access to, or release of, confidential information; the Company’s ability to comply with data protection laws and regulations; continued service and availability of highly qualified employees, including key personnel; Political events, trade and other international disputes, war, terrorism, natural disasters, public health problems, industrial accidents, and other business interruptions that may disrupt the supply or delivery of, 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; and changes in tax rates, the adoption of new U.S. or international tax laws, and exposure to additional tax liabilities. Further information on these risks and other potential factors that may affect the Company’s business and financial results is included in the Company’s filings with the SEC, included in the “Risk Factors” and “Discussion and Analysis” sections. Financial Condition Management and Operating Results ”of the Company’s most recent periodic reports on Form 10-K and Form 10-Q and subsequent files. The Company assumes no obligation to update any forward-looking statements or information, relating to their respective dates.


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