cik stringclasses 1
value | date stringlengths 8 8 | form stringclasses 4
values | sentenceCount int64 0 2.33k | sentence stringlengths 2 5.25k | filename stringlengths 40 40 |
|---|---|---|---|---|---|
0000320193 | 20020211 | 10-Q | 286 | Liquidity and Capital Resources
The following table presents selected financial information and statistics for each of the fiscal quarters ending on the dates indicated (dollars in millions):
(a)Based on ending net trade receivables and most recent quarterly net sales for each period (b)Based on ending inventory and mo... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 287 | The primary components of this increase were net income and proceeds from the sale of equity investments, partially offset by the purchase of property, plant and equipment. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 288 | The Company currently has long-term debt outstanding in the form of $300 million of aggregate principal amount 6.5% unsecured notes. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 289 | The notes were sold at 99.925% of par, for an effective yield to maturity of 6.51%. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 290 | The notes pay interest semiannually and mature on February 15, 2004. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 291 | In July 1999, the Company's Board of Directors authorized a plan for the Company to repurchase up to $500 million of its common stock. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 292 | This repurchase plan does not obligate the Company to acquire any specific number of shares or acquire shares over any specified period of time. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 293 | No shares were repurchased in the first quarter of 2002. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 294 | Since inception of the repurchase plan, the Company has repurchased or committed to repurchase a total of 6.55 million shares of its common stock at a cost of $217 million. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 295 | The Company believes its balances of cash, cash equivalents, and short-term investments will be sufficient to meet its cash requirements over the next twelve months, including any cash that may be utilized by its current stock repurchase plan. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 296 | Non-Current Debt and Equity Investments
The Company has held significant investments in ARM, Samsung Electronics Co., Ltd, Akamai Technologies, Inc., and EarthLink Network, Inc. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 297 | These investments are reflected in the consolidated balance sheets as non-current debt and equity investments and have been categorized as available-for-sale requiring that they be carried at fair value with unrealized gains and losses, net of taxes, reported in equity as a component of accumulated other comprehensive ... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 298 | All realized gains on the sale of these investments have been included in other income. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 299 | The combined fair value of these investments was $101 million and $128 million as of the end of the first quarter of 2002 and the end of 2001, respectively. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 300 | The Company believes it is likely there will continue to be significant fluctuations in the fair value of these investments in the future. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 301 | Additional information related to the Company's non-current debt and equity investments may be found in this Form 10-Q in the Notes to Condensed Consolidated Financial Statements at Note 4, "Financial Instruments," and in the 2001 Form 10-K.
Factors That May Affect Future Results and Financial Condition
The Company ope... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 302 | Therefore, past financial performance should not be considered to be a reliable indicator of future performance, and investors should not use historical trends to anticipate results or trends in future periods. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 303 | The Company's operating performance depends significantly on general economic conditions. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 304 | For much of the past year, demand for the Company's products has been negatively impacted by worsening global economic conditions. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 305 | Continued uncertainty about future economic conditions has also made it increasingly difficult to forecast future operating results. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 306 | Should global and regional economic conditions fail to improve or continue to deteriorate, demand for the Company's products could be adversely affected, as could the financial health of its suppliers, distributors, and resellers. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 307 | The terrorist attacks that took place on September 11, 2001, have created many economic and political uncertainties and have had a strong negative impact on the global economy. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 308 | During the weeks immediately following the events of September 11, 2001, the Company experienced a drop in demand across all of its operating segments. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 309 | The long-term effects of the September 11, 2001 attacks on the Company's future operating results and financial condition are unknown. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 310 | The national and international responses to terrorist attacks and the potential for future terrorist attacks and other acts of war or hostility have created many economic and political uncertainties which could adversely affect the Company's future operating results and financial condition. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 311 | Risks and uncertainties that could have an adverse impact on the Company's future operating results and financial condition include, among other things: the market for personal computers is highly competitive, both in terms of technology and product price/performance characteristics; the Company must successfully manag... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 312 | For a discussion of these and other factors affecting the Company's future results and financial condition, see Item 7, "Management's Discussion and Analysis-Factors That May Affect Future Results and Financial Condition" and Item 1, "Business" in the Company's 2001 Form 10-K. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 313 | Item 3. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 314 | Disclosures About Market Risk
The Company's market risk profile has not changed significantly from that described in the 2001 Form 10-K.
Interest Rate and Foreign Currency Risk Management
To ensure the adequacy and effectiveness of the Company's foreign exchange and interest rate hedge positions, as well as to monitor ... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 315 | However, given the effective horizons of the Company's risk management activities and the anticipatory nature of the exposures intended to hedge, there can be no assurance the aforementioned programs will offset more than a portion of the adverse financial impact resulting from unfavorable movements in either foreign e... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 316 | In addition, the timing of the accounting for recognition of gains and losses related to mark-to-market instruments for any given period may not coincide with the timing of gains and losses related to the underlying economic exposures and, therefore, may adversely affect the Company's operating results and financial po... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 317 | The Company adopted Statement of Financial Accounting Standard No. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 318 | 133, "Accounting for Derivative Instruments and Hedging Activities," as of October 1, 2000. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 319 | SFAS No. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 320 | 133 establishes accounting and reporting standards for derivative instruments, hedging activities, and exposure definition. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 321 | Management does not believe that ongoing application of SFAS No. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 322 | 133 has or will significantly alter the Company's hedging strategies. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 323 | However, its application may increase the volatility of other income and expense and other comprehensive income. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 324 | Interest Rate Risk
While the Company is exposed to interest rate fluctuations in many of the world's leading industrialized countries, the Company's interest income and expense is most sensitive to fluctuations in the general level of U.S. interest rates. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 325 | In this regard, changes in U.S. interest rates affect the interest earned on the Company's cash, cash equivalents, and short-term investments as well as costs associated with foreign currency hedges. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 326 | The Company's exposure to market risk for changes in interest rates relates primarily to the Company's investment portfolio and long-term debt obligations and related derivative financial instruments. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 327 | The Company places its short-term investments in highly liquid securities issued by high credit quality issuers and, by policy, limits the amount of credit exposure to any one issuer. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 328 | The Company's general policy is to limit the risk of principal loss and ensure the safety of invested funds by limiting market and credit risk. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 329 | These investments are generally in U.S. corporate securities (including commercial paper, loan participations, certificates of deposit, time deposits and corporate debt securities) and in foreign securities (including foreign commercial paper, loan participation, certificates of deposit and time deposits with foreign i... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 330 | All highly liquid investments with maturities of three months or less are classified as cash equivalents; highly liquid investments with maturities greater than three months are classified as short-term investments. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 331 | Approximately $800 million and $313 million of the Company's investment portfolio classified as short-term investments was in U.S. agency securities with underlying maturities ranging from 1 to 5 years as of the end of the first quarter of 2002 and the end of fiscal 2001, respectively. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 332 | The remainder of the Company's short-term investments all had underlying maturities between 3 and 12 months. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 333 | During 1994, the Company issued $300 million aggregate principal amount of 6.5% unsecured notes in a public offering registered with the SEC. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 334 | The notes were sold at 99.925% of par, for an
effective yield to maturity of 6.51%. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 335 | The notes pay interest semiannually and mature on February 15, 2004. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 336 | The Company sometimes enters into interest rate derivative transactions, including interest rate swaps, collars, and floors, with financial institutions in order to better match the Company's floating-rate interest income on its cash equivalents and short-term investments with its fixed-rate interest expense on its lon... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 337 | The Company may also enter into interest rate contracts that are intended to reduce the cost of the interest rate risk management program. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 338 | During the last two years, the Company has entered into interest rate swaps with financial institutions in order to better match the Company's floating-rate interest income on its cash equivalents and short-term investments with its fixed-rate interest expense on its long-term debt, and/or to diversify a portion of the... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 339 | The interest rate swaps, which qualified as accounting hedges, generally required the Company to pay a floating interest rate based on the three- or six-month U.S. dollar LIBOR and receive a fixed rate of interest without exchanges of the underlying notional amounts. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 340 | These swaps effectively converted the Company's fixed-rate 10 year debt to floating-rate debt and converted a portion of the floating rate investments to fixed rate. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 341 | Due to prevailing market interest rates, during 2001 the Company closed out all of its existing debt swap positions realizing a gain of $17 million. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 342 | This gain was deferred, recognized in long-term debt and is being amortized to other income and expense over the remaining life of the debt. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 343 | At certain times in the past, the Company has also entered into interest rate contracts that are intended to reduce the cost of the interest rate risk management program. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 344 | The Company does not hold or transact in such financial instruments for purposes other than risk management. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 345 | Foreign Currency Risk
Overall, the Company is a net receiver of currencies other than the U.S. dollar and, as such, benefits from a weaker dollar and is adversely affected by a stronger dollar relative to major currencies worldwide. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 346 | Accordingly, changes in exchange rates, and in particular a strengthening of the U.S. dollar, may negatively affect the Company's net sales and gross margins as expressed in U.S. dollars. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 347 | The Company enters into foreign currency forward and option contracts with financial institutions primarily to protect against foreign exchange risks associated with existing assets and liabilities, certain firmly committed transactions, and probable but not firmly committed transactions. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 348 | Generally, the Company's practice is to hedge a majority of its existing material foreign exchange transaction exposures. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 349 | However, the Company may not hedge certain foreign exchange transaction exposures due to immateriality, prohibitive economic cost of hedging particular exposures, and limited availability of appropriate hedging instruments. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 350 | The Company also enters into foreign currency forward and option contracts to offset the foreign exchange gains and losses generated by the remeasurement of certain recorded assets and liabilities denominated in non-functional currencies of its foreign subsidiaries. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 351 | There has not been a significant change in the nature of the Company's foreign currency risk profile or related derivative positions since September 29, 2001. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 352 | PART II. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 353 | OTHER INFORMATION
Item 1. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 354 | Legal Proceedings
The Company is subject to various legal proceedings and claims which are discussed in the 2001 Form 10-K. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 355 | The Company is also subject to certain other legal proceedings and claims that have arisen in the ordinary course of business and which have not been fully adjudicated. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 356 | The results of legal proceedings cannot be predicted with certainty; however, in the opinion of management, the Company does not have a potential liability related to any current legal proceedings and claims that would have a material adverse effect on its financial condition or results of operations. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 357 | Item 6. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 358 | Exhibits and Reports on Form 8-K
(a) Exhibits
Exhibit
Number
Description
None
(b) Reports on Form 8-K
None
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 359 | APPLE COMPUTER, INC.
(Registrant)
By: /s/ FRED D. ANDERSON Fred D. Anderson
Executive Vice President and Chief Financial Officer
February 11, 2002
FORM 10-Q
PART I. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 360 | FINANCIAL INFORMATION
Item 1. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 361 | Financial Statements
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
CONDENSED CONSOLIDATED BALANCE SHEETS
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
Notes to Condensed Consolidated Financial Statements
Note 1-Summary of Significant Accounting Policies
Note 2-Earnings Per Share
Note 3-Consolidated Financial Statem... | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 362 | Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 3. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 363 | Disclosures About Market Risk
PART II. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 364 | OTHER INFORMATION
Item 1. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 365 | Legal Proceedings
Item 6. | 0000912057-02-004945/full-submission.txt |
0000320193 | 20020211 | 10-Q | 366 | Exhibits and Reports on Form 8-K
SIGNATURES | 0000912057-02-004945/full-submission.txt |
0000320193 | 20120725 | 10-Q | 0 | 10-Q d365704d10q.htm FORM 10-Q
Form 10-Q
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-Q
(Mark One)
x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 2012
or
¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15... | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 1 | Commission file number: 000-10030
APPLE INC.
(Exact name of Registrant as specified in its charter)
California
94-2404110
(State or other jurisdiction
of incorporation or organization)
(I.R.S. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 2 | Employer Identification No.) | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 3 | 1 Infinite Loop
Cupertino, California
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: (408) 996-1010
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during t... | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 4 | Yes x No ¨
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period... | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 5 | Yes x No ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 6 | See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 7 | Large accelerated filer
x
Accelerated filer
¨
Non-accelerated filer
¨ (Do not check if a smaller reporting company)
Smaller reporting company
¨
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 8 | Yes ¨ No x
937,406,000 shares of common stock issued and outstanding as of July 13, 2012
PART I. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 9 | FINANCIAL INFORMATION
Item 1. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 10 | Financial Statements
APPLE INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
(in millions, except number of shares which are reflected in thousands and per share amounts)
See accompanying Notes to Condensed Consolidated Financial Statements. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 11 | APPLE INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
(in millions, except number of shares which are reflected in thousands)
See accompanying Notes to Condensed Consolidated Financial Statements. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 12 | APPLE INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
(in millions)
See accompanying Notes to Condensed Consolidated Financial Statements. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 13 | Apple Inc.
Notes to Condensed Consolidated Financial Statements (Unaudited)
Note 1 - Summary of Significant Accounting Policies
Apple Inc. and its wholly-owned subsidiaries (collectively “Apple” or the “Company”) designs, manufactures, and markets mobile communication and media devices, personal computers, and portable... | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 14 | The Company sells its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers and value-added resellers. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 15 | In addition, the Company sells a variety of third-party iPhone, iPad, Macintosh (“Mac”), and iPod compatible products including application software and various accessories through its online and retail stores. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 16 | The Company sells to consumers, small and mid-sized businesses, and education, enterprise and government customers. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 17 | Basis of Presentation and Preparation
The accompanying condensed consolidated financial statements include the accounts of the Company. | 0001193125-12-314552/full-submission.txt |
0000320193 | 20120725 | 10-Q | 18 | Intercompany accounts and transactions have been eliminated. | 0001193125-12-314552/full-submission.txt |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.