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 | 20071115 | 10-K | 1,036 | The Americas segment includes both North and South America. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,037 | The Europe segment includes European countries as well as the Middle East and Africa. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,038 | The Retail segment operates Apple-owned retail stores in the U.S., Canada, Japan, the U.K. and Italy. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,039 | Each reportable geographic operating segment and the Retail operating segment provide similar hardware and software products and similar services. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,040 | During 2007, the Company revised the way it measures the Retail Segment's operating results to a manner that is generally consistent with the Company's other operating segments. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,041 | Prior period results have been reclassified to reflect this change to the Retail Segment's operating results along with the corresponding offsets to the other operating segments. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,042 | Further information regarding the Company's operating segments may be found in Note 9,
"Segment Information and Geographic Data" in Notes to Consolidated Financial Statements of this Form 10-K.
Americas
During 2007, net sales in the Americas segment increased $2.2 billion, or 23%, compared to 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,043 | The main sources of this growth were Mac portable products, iMacs, iPods, and the sales of third-party content from the iTunes Store. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,044 | Sales of Mac portable products increased due to the popularity of the MacBook, introduced in May 2006 and updated in May 2007, as well as the MacBook Pro, introduced in January 2006 and updated in June 2007. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,045 | Sales of iMacs grew due to a shift in desktop product mix away from the Mac mini and discontinued eMac as well as the strong reception of the new iMac introduced in August 2007. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,046 | Sales of iPods grew due to increased demand for the iPod nano and iPod shuffle and the introduction of the iPod touch in September 2007. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,047 | The Company believes that the growth in iTunes Store sales was the result of heightened consumer interest in downloading digital content and the expansion of third-party audio and video content available for sale via the iTunes Store. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,048 | During 2007, the Americas segment represented 48% of the Company's total net sales as compared to 49% in the same period of 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,049 | During 2007, U.S. education channel net sales and Mac unit sales increased by 14% and 18%, respectively, compared to 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,050 | Net sales from the higher education market grew 17% during 2007 compared to 2006, while net sales in the K-12 market grew 10% during the same period. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,051 | During 2006, net sales in the Americas segment increased $2.8 billion, or 41%, compared to 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,052 | The primary contributors to this increase were iPods, other music related products and services, Mac portable systems, and APP. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,053 | Sales of iPods increased primarily due to the introduction of the updated iPod with video-playing capabilities in October 2005 (now referred to as iPod classic) and the iPod nano during September 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,054 | The increase in other music related products and services was due to increases in sales of Apple-branded and third-party iPod accessories and sales from the iTunes Store. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,055 | The increase in sales of Mac portable systems in the Americas was due to strong sales of the MacBook and MacBook Pro during 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,056 | The overall increase in net sales was partially offset by a decline in net sales of desktops, displays, and Mac OS X. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,057 | The decrease in desktop products and displays net sales reflects the overall shift in product mix toward portable Mac systems. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,058 | Mac OS X sales decreased from 2005 since the Company had not released a new version of Mac OS X since Tiger began shipping in April 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,059 | During 2006, the Americas segment represented 49% of the Company's total net sales as compared to 48% in the same period of 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,060 | Europe
Europe segment net sales increased $1.4 billion or 33% during 2007 compared to 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,061 | Consistent with the Americas segment, the primary drivers of this growth were Mac portable products, iMacs, iPods, and the sales of third-party content from the iTunes Store. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,062 | Sales of Mac portable products increased due to the popularity of both the MacBook and MacBook Pro. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,063 | Sales of iMacs grew due to a shift in desktop product mix away from the Mac mini and discontinued eMac as well as the strong reception of the new iMac introduced in August 2007. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,064 | Sales of iPods grew primarily due to increased demand for the iPod nano and iPod shuffle. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,065 | The Company believes that the growth in iTunes Store sales was the result of heightened consumer interest in downloading digital content and the expansion of third-party audio and video content available for sale via the iTunes Store. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,066 | Europe segment net sales increased $1.0 billion or 33% during 2006 compared to 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,067 | Consistent with the Americas segment, these increases were a result of strong growth in iPod sales, other music related products and services, and Mac portable systems. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,068 | Sales of iPods increased primarily due to the introduction of the updated iPod with video-playing capabilities in October 2005 and the iPod nano during September 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,069 | The increase in other music related products and services was due to increases in sales of Apple-branded and third-party iPod accessories and sales from the iTunes Store. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,070 | The increase in sales of portable systems in Europe was due to strong sales of the MacBook and MacBook Pro that were introduced during 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,071 | In addition, Europe also reported increased sales in APP related to the increase in Mac unit sales. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,072 | These increases were partially offset by a decrease in desktop and Mac OS X net sales
during 2006 compared to 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,073 | The decrease in desktop net sales was due to the shift in product mix toward portable Mac systems. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,074 | Mac OS X sales have decreased from 2005 since the Company has not released a new version of Mac OS X since Tiger began shipping in April 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,075 | Japan
Japan's net sales declined by $129 million or 11% in 2007 compared to 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,076 | Total Mac unit sales in Japan declined 1% during 2007. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,077 | The decrease in the Japan segment's overall net sales was primarily attributable to decreases in iPod and Mac desktop sales, partially offset by an increase in revenue from MacBooks and sales of third-party content from the iTunes Store. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,078 | The decline in net sales and Mac unit sales is partially attributable to Japan's declining consumer PC market, and the iPod sales decline is primarily due to lower average selling prices. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,079 | The Company is continuing to evaluate ways to improve the future results of its Japan segment. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,080 | Japan's net sales increased $287 million or 31% during 2006 compared to 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,081 | The Japan segment experienced increased net sales in iPods, Mac portable products, and other music related products and services. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,082 | Consistent with the Company's other segments, Japan experienced increases in sales of iPods due to the introduction of the iPod with video-playing capabilities (now referred to as the iPod classic) and the iPod nano in October and September of 2005, respectively. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,083 | Japan also experienced strong sales of the Intel-based MacBook and increased sales from the iTunes Store. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,084 | These increases were partially offset by decreases in net sales of Mac desktop products, displays, and Mac OS X. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,085 | The decreases in desktop products and displays reflect the overall shift in product mix toward portable Mac systems. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,086 | Mac OS X sales have decreased from 2005 since the Company had not released a new version of Mac OS X since Tiger began shipping in April 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,087 | Total Mac unit sales during 2006 remained relatively flat compared to 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,088 | Retail
The Company opened 32 new retail stores during 2007, including a total of 5 international stores in the U.K. and Italy, bringing the total number of open stores to 197 as of September 29, 2007. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,089 | This compares to 165 open stores as of September 30, 2006 and 124 open stores as of September 24, 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,090 | The Retail segment's net sales increased by 27% to $4.1 billion during 2007 compared to 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,091 | Retail segment Mac unit sales increased 56% during 2007 as compared to 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,092 | With an average of 178 stores open during 2007, average revenue per store was $23.1 million, compared to $22.9 million in 2006 and $21.7 million in 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,093 | The current year increase in Retail segment net sales was primarily due to stronger sales of Mac portable products, iMacs, accessories and services. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,094 | The increase was partially offset primarily by lower net sales of iPods and other music related products due to the expanded availability of those products through third-party resellers. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,095 | The Retail segment's net sales increased by 42% to $3.3 billion during 2006 compared to 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,096 | Retail segment Mac unit sales increased 45% during 2006 compared to 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,097 | The current year increase was primarily due to strong sales of Mac portable and desktop products, iPods, and other music related products and services. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,098 | Sales of iPods increased primarily due to the introduction of the updated iPod with video-playing capabilities in October 2005 and the iPod nano during September 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,099 | The increase in other music related products and services was due to increased sales of Apple-branded and third-party iPod accessories. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,100 | Mac portable and desktop sales increased due to strong sales of the Intel-based MacBook, MacBook Pro, and iMac. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,101 | As measured by the Company's operating segment reporting, the Retail segment reported operating income of $875 million during 2007 as compared to operating income of $600 million and $396 million during 2006 and 2005, respectively. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,102 | This improvement in 2007 was primarily attributable to an increase in the Company's overall gross margin percentage. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,103 | Expansion of the Retail segment has required and will continue to require a substantial investment in fixed assets and related infrastructure, operating lease commitments, personnel, and other operating expenses. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,104 | Capital asset purchases associated with the Retail segment were $294 million in 2007, bringing the total capital asset purchases since inception of the Retail segment to $1.0 billion. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,105 | As of September 29, 2007, the Retail segment had approximately 7,900 employees and had outstanding operating lease commitments associated with retail store space and related facilities of $1.1 billion. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,106 | The Company would incur substantial costs if it were to close multiple retail stores. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,107 | Such costs could adversely affect the Company's financial condition and operating results. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,108 | Other Segments
The Company's Other Segments, which consists of its Asia Pacific and FileMaker operations, experienced an increase in net sales of $406 million, or 30% during 2007 compared to 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,109 | This increase related primarily to a 58% increase in sales of Mac portable products and strong iPod sales in the Company's Asia Pacific region. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,110 | During 2006, net sales in Other Segments increased 35% compared to 2005 primarily due to an increase in sales of iPod and Mac portable products. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,111 | Strong sales growth was a result of the introduction of the updated iPods featuring video-playing capabilities and the new Intel-based Mac portable products that translated to a 16% increase in Mac unit sales during 2006 compared to 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,112 | Gross Margin
Gross margin for each of the last three fiscal years are as follows (in millions, except gross margin percentages):
Gross margin percentage of 34.0% in 2007 increased significantly from 29.0% in 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,113 | The primary drivers of this increase were more favorable costs on certain commodity components, including NAND flash memory and DRAM memory, higher overall revenue that provided for more leverage on fixed production costs and a higher percentage of revenue from the Company's direct sales channels. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,114 | The Company anticipates that its gross margin and the gross margins of the personal computer, consumer electronics and mobile communication industries will be subject to pressure due to price competition. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,115 | The Company expects gross margin percentage to decline sequentially in the first quarter of 2008 primarily as a result of the full-quarter impact of product transitions and reduced pricing that were effected in the fourth quarter of 2007, lower sales of iLife and iWork in their second quarter of availability, seasonall... | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,116 | These factors are expected to be partially offset by higher sales of the Company's Mac OS X operating system due to the introduction of Mac OS X Version 10.5 Leopard ("Mac OS X Leopard") that became available in October 2007. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,117 | The foregoing statements regarding the Company's expected gross margin percentage are forward-looking. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,118 | There can be no assurance that current gross margin percentage will be maintained or targeted gross margin percentage levels will be achieved. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,119 | In general, gross margins and margins on individual products will remain under downward pressure due to a variety of factors, including continued industry wide global pricing pressures, increased competition, compressed product life cycles, potential increases in the cost and availability of raw material and outside ma... | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,120 | In response to these competitive pressures, the Company expects it will continue to take pricing actions with respect to its products. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,121 | Gross margins could also be affected by the Company's ability to effectively manage product quality and warranty costs and to stimulate
demand for certain of its products. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,122 | Due to the Company's significant international operations, financial results can be significantly affected in the short-term by fluctuations in exchange rates. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,123 | The Company orders components for its products and builds inventory in advance of product shipments. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,124 | Because the Company's markets are volatile and subject to rapid technology and price changes, there is a risk the Company will forecast incorrectly and produce or order from third-parties excess or insufficient inventories of particular products or components. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,125 | The Company's financial condition and operating results in the past have been and may in the future be materially adversely affected by the Company's ability to manage its inventory levels and outstanding purchase commitments and to respond to short-term shifts in customer demand patterns. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,126 | Gross margin percentage of 29.0% in 2006 remained flat compared to 2005. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,127 | The Company experienced more favorable pricing on certain commodity components including LCD flat-panel displays and DRAM memory and higher overall revenue that provided for more leverage on fixed production costs, offset by an increase in lower margin iPod sales and other music-related services. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,128 | Operating Expenses
Operating expenses for each of the last three fiscal years are as follows (in millions, except for percentages):
Research and Development ("R&D")
Expenditures for R&D increased 10% or $70 million to $782 million in 2007 compared to 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,129 | R&D expense does not include capitalized software development costs of $75 million related to the development of Mac OS X Leopard and iPhone. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,130 | The increases in R&D expense were primarily due to an increase in R&D headcount in the current year to support expanded R&D activities, partially offset by one less week of expenses in the first quarter of 2007 and the capitalized software development costs mentioned above. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,131 | The Company continues to believe that focused investments in R&D are critical to its future growth and competitive position in the marketplace and are directly related to timely development of new and enhanced products that are central to the Company's core business strategy. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,132 | As such, the Company expects to increase spending in R&D to remain competitive. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,133 | Selling, General, and Administrative Expense ("SG&A")
Expenditures for SG&A increased $530 million or 22% during 2007 compared to 2006. | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,134 | The increase was primarily due to higher direct and indirect channel variable selling expenses resulting from the significant year-over-year increase in total net sales in 2007, the Company's continued expansion of its Retail segment in both domestic and international markets, and a current year increase in spending on... | 0001047469-07-009340/full-submission.txt |
0000320193 | 20071115 | 10-K | 1,135 | Other Income and Expense
Other income and expense for each of the last three fiscal years are as follows (in millions):
Total other income and expense increased $234 million or 64% to $599 million during 2007 as compared to $365 million and $165 million in 2006 and 2005, respectively. | 0001047469-07-009340/full-submission.txt |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.