Sign in

    Apple Inc (AAPL)

    You might also like

    Apple Inc. (AAPL) is a global technology company that designs, manufactures, and markets a wide range of consumer electronics, software, and services. The company is known for its innovative products and operates in highly competitive markets characterized by rapid technological advancements. Apple sells smartphones, personal computers, tablets, wearables, and a variety of services, including digital content and payment solutions.

    1. iPhone - Develops and sells a line of smartphones based on the iOS operating system, known for their advanced features and user-friendly interface.
    2. Services - Offers a variety of services including digital content platforms, cloud services, and payment solutions, contributing significantly to Apple's business.
    3. Wearables, Home, and Accessories - Produces smartwatches, wireless headphones, media streaming devices, and smart speakers, enhancing the Apple ecosystem.
      • Wearables - Includes products like the Apple Watch and AirPods, as well as the Apple Vision Pro spatial computer.
      • Home - Features products such as Apple TV and HomePod smart speakers.
    4. Mac - Designs and sells personal computers, including laptops and desktops, running on macOS.
    5. iPad - Offers a line of multipurpose tablets based on iPadOS, catering to both personal and professional use.
    NamePositionExternal RolesShort Bio

    Tim Cook

    ExecutiveBoard

    Chief Executive Officer (CEO)

    Board Member at Nike, Inc.; Board Member at The National Football Foundation; Trustee at Duke University; Leadership Council Member at Malala Fund.

    CEO of Apple since 2011, joined Apple in 1998. Previously COO and EVP of Worldwide Sales and Operations. Oversaw Apple's market cap growth by over $3 trillion.

    View Report →

    Deirdre O’Brien

    Executive

    SVP, Retail + People

    None reported.

    Leads Apple’s retail and online teams and People team. Joined Apple in 1988. Previously VP of People and VP of Operations.

    View Report →

    Jeff Williams

    Executive

    Chief Operating Officer (COO)

    None reported.

    COO since 2015. Oversees worldwide operations, customer service, and Apple Watch development. Joined Apple in 1998.

    View Report →

    Kate Adams

    Executive

    SVP, General Counsel, and Secretary

    None reported.

    General Counsel since 2017. Oversees legal matters, including corporate governance, litigation, and compliance. Former General Counsel at Honeywell International.

    View Report →

    Kevan Parekh

    Executive

    Chief Financial Officer (CFO)

    None reported.

    CFO since January 2025. Joined Apple in 2013. Previously VP of Financial Planning and Analysis and VP of Worldwide Finance for Sales, Marketing, and Retail.

    View Report →

    Alex Gorsky

    Board

    Director

    Board Member at IBM; Board Member at JPMorgan Chase & Co.; Board Member at Travis Manion Foundation; Board Member at National Academy Foundation.

    Director since 2021. Former Chairman and CEO of Johnson & Johnson. Expertise in health and technology.

    Andrea Jung

    Board

    Director

    President and CEO of Grameen America LLC; Board Member at Rockefeller Capital Management; Board Member at Unilever PLC; Board Member at Wayfair Inc..

    Director since 2008. Former CEO of Avon Products. Expertise in brand marketing and consumer products.

    Art Levinson

    Board

    Chair of the Board

    CEO of Calico; Board Member at Broad Institute of MIT and Harvard; Board of Scientific Consultants at Memorial Sloan Kettering Cancer Center.

    Chair of Apple’s Board since 2000. Former CEO and Chairman of Genentech. Recognized for contributions to science and technology.

    Monica Lozano

    Board

    Director

    Board Member at Bank of America Corporation; Board Member at Target Corporation; Chair of the Board of Weingart Foundation.

    Director since 2021. Former CEO of College Futures Foundation. Expertise in media, marketing, and strategic planning.

    Ron Sugar

    Board

    Director

    Board Member at Amgen Inc.; Board Member at Chevron Corporation; Board Member at Uber Technologies, Inc.; Trustee at University of Southern California.

    Director since 2010. Former Chairman and CEO of Northrop Grumman. Expertise in financial management and global operations.

    Sue Wagner

    Board

    Director

    Board Member at BlackRock, Inc.; Board Member at Samsara Inc.; Trustee at Wellesley College; Board Member at Color Health, Inc..

    Director since 2014. Co-founder of BlackRock, Inc. Expertise in financial services and global business.

    Wanda Austin

    Board

    Director

    Board Member at Amgen Inc.; Board Member at Chevron Corporation; Co-founder of MakingSpace, Inc.; Member of American Energy Innovation Council.

    Director since 2024. Former CEO of The Aerospace Corporation. Expertise in technology, cybersecurity, and public policy.

    1. With Services revenue reaching a $100 billion run rate, can you elaborate on the sustainability and growth prospects of the recurring versus transactional components, and how competitive pressures might affect these segments?
    2. Given that peers are significantly increasing their R&D investments in AI, do you believe reallocating existing resources is adequate, or should Apple increase its R&D spending beyond the current 7% to 8% of sales to fully capitalize on AI opportunities?
    3. Despite your large installed base, services like Apple Music, News, Arcade, and Fitness are not leading in their markets; what strategies do you have to enhance their competitiveness, and is the decision to keep them non-cross-platform limiting their growth potential?
    4. You've maintained around $50 billion in net cash despite pledges to achieve a net neutral cash position; how do you plan to utilize this cash effectively, and are there more aggressive investment opportunities you're considering instead of increasing shareholder returns?
    5. Considering economic uncertainties and geopolitical tensions in China, how do you plan to mitigate potential risks in this crucial market, and what impact might these factors have on your future growth strategies there?
    Program DetailsProgram 1Program 2
    Approval DateMay 2023 May 2, 2024
    End Date/DurationNot specified Not specified
    Total additional amountNot specified $110 billion
    Remaining authorization$0 $89.1 billion
    DetailsFully utilized by end of Q4 2024 $20.9 billion utilized as of Sep 28, 2024
    NameStart DateEnd DateReason for Change
    Ernst & Young LLP2009 PresentCurrent auditor

    Notable M&A activity and strategic investments in the past 3 years.

    CompanyYearDetails

    Undisclosed

    2022

    Apple completed business acquisitions totaling $306 million in fiscal year 2022; however, no further details on strategic rationale, specific assets, or notable terms were provided.

    Recent press releases and 8-K filings for AAPL.

    Apple Issues Senior Notes in Q2 2025
    AAPL
    Debt Issuance
    • Apple Inc. completed an issuance and sale of Senior Notes on May 12, 2025, including notes due in 2028, 2030, 2032, and 2035 with aggregate amounts of $1.5B, $1B, $1B, and $1B respectively.
    • The Notes carry fixed annual interest rates of 4.000%, 4.200%, 4.500%, and 4.750%, with semi-annual interest payments starting on November 12, 2025, and include detailed redemption provisions.
    May 12, 2025, 12:00 AM
    Apple Q2 2025 Record Results & Strategic Investments
    AAPL
    Earnings
    Dividends
    Share Buyback
    Revenue Acceleration/Inflection
    New Projects/Investments
    • Apple Inc. reported Q2 2025 results with $95.4B in revenue (up 5% YoY) and diluted EPS of $1.65 (up 8% YoY), marking a record quarter with notable iPhone revenue of $46.8B and Mac revenue up 7% YoY.
    • Services revenue hit an all-time high of $26.6B (up 12% YoY), and iPad revenue rose 15%, reflecting robust performance despite FX headwinds.
    • The company generated $24B in operating cash flow and returned $29B to shareholders, showcasing strong operational performance.
    • A cash dividend of $0.26 per share was declared and a share repurchase program of up to $100B was authorized.
    • The company announced plans to invest $500B over the next 4 years in U.S. facilities, underscoring its commitment to supply chain resilience and production expansion.
    May 1, 2025, 12:00 AM