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PDF Environmental Social Governance Report

Since April 2020 Apple has been carbon neutral across all of our corporate emissions including our stores data centers and corporate facilities as well as business travel and employee commuting We started by investing in clean energy around the world Since 2018 Apple has sourced 100 percent of its corporate and retail electricity from

  • How do I set up a corporate Apple account?

    Go to https://business.apple.com/.

    1Select “Sign up now.”2Enter and review the following organization information: 3Select whether to get news and updates about Apple Business Essentials, then select Continue.
    4) Create and confirm a new password for your new account, then select a region code and enter your phone number.

  • What is the corporate address of Apple com?

    Apple Inc., located at One Apple Park Way, Cupertino, California, for users in the United States, including Puerto Rico.
    Apple Canada Inc., located at 120 Bremner Blvd., Suite 1600, Toronto ON M5J 0A8, Canada for users in Canada.

  • Apple Business Manager is a simple, web-based portal for IT administrators that works with your third-party mobile device management (MDM) solution so that you can easily buy content in volume, whether your organization uses iPhone, iPad, or Mac.

  • What is Apple's corporate name?

    Apple Inc. (formerly Apple Computer Inc.) is an American computer and consumer electronics company famous for creating the iPhone, iPad and Macintosh computers.

  • Apple Inc.

    (Exact name of Registrant as specified in its charter) annualreport.stocklight.com

    Mac

    Mac is the Company’s line of personal computers based on its macOS as desktops iMac , Mac mini , Mac StudioTM and Mac Pro . operating system. The Mac line includes laptops MacBook Air and MacBook Pro , as well iPad iPad is the Company’s line of multipurpose tablets based on its iPadOS operating system. The iPad line includes iPad Pro , iPad Air , i

    Advertising

    The Company’s advertising services include various third-party licensing arrangements and the Company’s own advertising platforms. annualreport.stocklight.com

    AppleCare

    The Company offers a portfolio of fee-based service and support products under the AppleCare brand. The offerings provide priority access to Apple technical support, access to the global Apple authorized service network for repair and replacement services, and in many cases additional coverage for instances of accidental damage and/or theft and los

    Cloud Services

    The Company’s cloud services store and keep customers’ content up-to-date and available across multiple Apple devices and Windows personal computers. annualreport.stocklight.com

    Digital Content

    The Company operates various platforms, including the App Store , that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. The Company also offers digital content through subscription-based services, including Apple Arcade , a game subscription service; Apple Fitness+ SM , a pe

    Payment Services

    The Company offers payment services, including Apple Card , a co-branded credit card, and Apple Pay , a cashless payment service. annualreport.stocklight.com

    Competition

    The markets for the Company’s products and services are highly competitive, and are characterized by aggressive price competition and resulting downward pressure on gross margins, frequent introduction of new products and services, short product life cycles, evolving industry standards, continual improvement in product price and performance charact

    Supply of Components

    Although most components essential to the Company’s business are generally available from multiple sources, certain components are currently obtained from single or limited sources. The Company also competes for various components with other participants in the markets for smartphones, personal computers, tablets, wearables and accessories. Therefo

    Research and Development

    Because the industries in which the Company competes are characterized by rapid technological advances, the Company’s ability to compete successfully depends heavily upon its ability to ensure a continual and timely flow of competitive products, services and technologies to the marketplace. The Company continues to develop new technologies to enhan

    Intellectual Property

    The Company currently holds a broad collection of intellectual property rights relating to certain aspects of its hardware devices, accessories, software and services. This includes patents, designs, copyrights, trademarks and other forms of intellectual property rights in the U.S. and various foreign countries. Although the Company believes the ow

    Business Seasonality and Product Introductions

    The Company has historically experienced higher net sales in its first quarter compared to other quarters in its fiscal year due in part to seasonal holiday demand. Additionally, new product and service introductions can significantly impact net sales, cost of sales and operating expenses. The timing of product introductions can also impact the Com

    Workplace Practices and Policies

    The Company is an equal opportunity employer committed to inclusion and diversity and to providing a workplace free of harassment or discrimination. annualreport.stocklight.com

    Compensation and Benefits

    The Company believes that compensation should be competitive and equitable, and should enable employees to share in the Company’s success. The Company recognizes its people are most likely to thrive when they have the resources to meet their needs and the time and support to succeed in their professional and personal lives. In support of this, the

    Inclusion and Diversity

    The Company remains committed to its vision to build and sustain a more inclusive workforce that is representative of the communities it serves. The Company continues to work to increase diverse representation at every level, foster an inclusive culture, and support equitable pay and access to opportunity for all employees. annualreport.stocklight.com

    Engagement

    The Company believes that open and honest communication among team members, managers and leaders helps create an open, collaborative work environment where everyone can contribute, grow and succeed. Team members are encouraged to come to their managers with questions, feedback or concerns, and the Company conducts surveys that gauge employee sentim

    Health and Safety

    The Company is committed to protecting its team members everywhere it operates. The Company identifies potential workplace risks in order to develop measures to mitigate possible hazards. The Company supports employees with general safety, security and crisis management training, and by putting specific programs in place for those working in potent

    Item 1A. Risk Factors

    The Company’s business, reputation, results of operations, financial condition and stock price can be affected by a number of factors, whether currently known or unknown, including those described below. When any one or more of these risks materialize from time to time, the Company’s business, reputation, results of operations, financial condition

    Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

    The Company’s common stock is traded on The Nasdaq Stock Market LLC under the symbol AAPL. annualreport.stocklight.com

    Uncertain Tax Positions

    The Company is subject to income taxes in the U.S. and numerous foreign jurisdictions. The evaluation of the Company’s uncertain tax positions involves significant judgment in the interpretation and application of GAAP and complex domestic and international tax laws, including the Act and matters related to the allocation of international taxation

    Interest Rate and Foreign Currency Risk Management

    The Company regularly reviews its foreign exchange forward and option positions and interest rate swaps, both on a stand-alone basis and in conjunction with its underlying foreign currency and interest rate exposures. Given the effective horizons of the Company’s risk management activities and the anticipatory nature of the exposures, there can be

    Foreign Currency Risk

    In general, the Company is a net receiver of currencies other than the U.S. dollar. Accordingly, changes in exchange rates, and in particular a strengthening of the U.S. dollar, will negatively affect the Company’s net sales and gross margins as expressed in U.S. dollars. There is a risk that the Company will have to adjust local currency pricing d

    Revenue Recognition

    Net sales consist of revenue from the sale of iPhone, Mac, iPad, Services and other products. The Company recognizes revenue at the amount to which it expects to be entitled when control of the products or services is transferred to its customers. Control is generally transferred when the Company has a present right to payment and title and the sig

    Share-Based Compensation

    The Company generally measures share-based compensation based on the closing price of the Company’s common stock on the date of grant, and recognizes expense on a straight-line basis for its estimate of equity awards that will ultimately vest. Further information regarding share-based compensation can be found in Note 9, “Benefit Plans.” annualreport.stocklight.com

    Cash Equivalents and Marketable Securities

    All highly liquid investments with maturities of three months or less at the date of purchase are classified as cash equivalents. The Company’s investments in marketable debt securities have been classified and accounted for as available-for-sale. The Company classifies its marketable debt securities as either short-term or long-term based on each

    Inventories

    Inventories are measured using the first-in, first-out method. annualreport.stocklight.com

    Restricted Marketable Securities

    The Company’s internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles (“GAAP”). The Company’s internal control over financial reporting incl

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