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
20031219
10-K
1,952
(2)On October 22, 2003, the Company granted 6,697,368 shares under the 1997 Employee Stock Option Plan (the "1997 Plan") pursuant to the stock option exchange program (see Part II, Item 8 of this Form 10-K in the Notes to Consolidated Financial Statements at Note 8, under the heading "Employee Stock Option Exchange Pro...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,953
Following that grant, the Company terminated the 1997 Plan, its only non-shareholder approved equity plan.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,954
All remaining unissued shares in that plan were cancelled and no new options can be granted under that plan.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,955
(3)This table does not include 160,975 outstanding options assumed in connection with mergers with and acquisitions of the companies which originally established those plans.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,956
These assumed options have a weighted average exercise price of $3.69 per share.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,957
No additional options may be granted under those assumed plans.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,958
Arrangements with Named Executive Officers Change In Control Arrangements-Stock Options In the event of a "change in control" of the Company, all outstanding options under the Company's stock option plans, except the Director Plan, will, unless otherwise determined by the plan administrator, become exercisable in full,...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,959
The Director Plan provides that upon a "change in control" of the Company, all unvested options held by non-employee directors will automatically become fully vested and exercisable and will be cashed out at an amount equal to the difference between the applicable "change in control price" and the exercise price of the...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,960
A "change in control" under these plans is generally defined as (i) the acquisition by any person of 50% or more of the combined voting power of the Company's outstanding securities or (ii) the occurrence of a transaction requiring shareholder approval and involving the sale of all or substantially all of the assets of...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,961
In addition, options granted to the Named Executive Officers generally provide that in the event there is a "change in control," as defined in the Company's stock option plans, and if in connection with or following such "change in control," their employment is terminated without "Cause" or if they should resign for "G...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,962
Generally, "Cause" is defined to include a felony conviction, willful disclosure of confidential information or willful and continued failure to perform his or her employment duties.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,963
"Good Reason" includes resignation of employment as a result of a substantial diminution in position or duties, or an adverse change in title or reduction in annual base salary.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,964
Item 13.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,965
Certain Relationships and Related Transactions In connection with a relocation assistance package, the Company loaned Mr. Johnson (Senior Vice President, Retail) $1,500,000 for the purchase of his principal residence.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,966
The loan is secured by a deed of trust and is due and payable in May 2004.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,967
Under the terms of the loan, Mr. Johnson agreed that should he exercise any of his stock options prior to the due date of the loan, he would pay the Company an amount equal to the lesser of (1) an amount equal to 50% of the total net gain realized from the exercise of the options; or (2) $375,000 multiplied by the numb...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,968
The largest amount of the indebtedness outstanding on this loan during fiscal year 2003 was $1,500,000.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,969
Mr. Johnson repaid the Company $750,000 during the fiscal year and the amount remaining on the loan is $750,000.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,970
Mr. Jerome York, a member of the Board of Directors of the Company, is a member of an investment group that purchased MicroWarehouse, Inc. ("MicroWarehouse") in January 2000.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,971
Until September 2003, he served as its Chairman, President and Chief Executive Officer.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,972
MicroWarehouse is a reseller of computer hardware, software and peripheral products, including products made by the Company.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,973
During fiscal year 2003, MicroWarehouse accounted for 2.4% of the Company's net sales.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,974
The Company also purchased products from MicroWarehouse for its own internal use.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,975
In March 2002, the Company entered into a Reimbursement Agreement with its Chief Executive Officer, Mr. Steven P. Jobs, for the reimbursement of expenses incurred by Mr. Jobs in the operation of his private plane when used for Apple business.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,976
The Reimbursement Agreement is effective for expenses incurred by Mr. Jobs for Apple business purposes since he took delivery of the plane in May 2001.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,977
During 2003, the Company recognized a total of $403,766 in expenses pursuant to this reimbursement agreement related to expenses incurred by Mr. Jobs during 2003.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,978
Item 14.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,979
Principal Accountant Fees and Services The following table sets forth the fees paid to the Company's independent auditor, KPMG LLP, during fiscal years 2003 and 2002.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,980
Audit and Non-Audit Fees (1)Audit fees relate to professional services rendered in connection with the audit of the Company's annual financial statements, quarterly review of financial statements included in the Company's Forms 10-Q, and audit services provided in connection with other statutory and regulatory filings.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,981
(2)Audit-related fees include professional services related to the audit of the Company's financial statements, consultation on accounting standards or transactions, and audits of employee benefit plans.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,982
(3)Tax fees include $901,500 for professional services rendered in connection with tax compliance and preparation relating to the Company's expatriate program, tax audits and international tax compliance; and $115,600 for tax consulting and planning services relating to interest computations and international tax chang...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,983
The Company does not engage KPMG to perform personal tax services for its executive officers.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,984
Policy on Audit Committee Pre-Approval of Audit and Non-Audit Services Performed by the Independent Auditors Prior to the enactment of the Sarbanes-Oxley Act of 2002 (the "Act"), the Company adopted an auditor independence policy that banned its auditors from performing non-financial consulting services, such as inform...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,985
This auditor policy also mandates that an annual budget for both audit and non-audit services be approved by the Audit Committee in advance, and that the Audit Committee be provided with quarterly reporting on actual spending.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,986
This policy also mandates that no auditor engagements for non-audit services may be entered into without the express approval of the Audit Committee.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,987
PART IV Item 15.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,988
Exhibits, Financial Statement Schedules, and Reports on Form 8-K. (a)Items Filed as Part of Report: 1.Financial Statements The financial statements of the Company filed as part of this report on Form 10-K are set forth in the Index to Consolidated Financial Statements under Part II, Item 8 of this Form 10-K. 2.Financia...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,989
S-3 7/27/88 3.2 Amendment to Restated Articles of Incorporation, filed with the Secretary of State of the State of California on May 4, 2000.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,990
10-Q 5/11/00 3.3 By-Laws of the Company, as amended through March 19, 2003.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,991
10-Q 5/13/03 4.2 Indenture dated as of February 1, 1994, between the Company and Morgan Guaranty Trust Company of New York.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,992
10-Q 4/01/94 4.3 Supplemental Indenture dated as of February 1, 1994, among the Company, Morgan Guaranty Trust Company of New York, as resigning trustee, and Citibank, N.A., as successor trustee.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,993
10-Q 4/01/94 4.5 Form of the Company's 61/2% Notes due 2004.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,994
10-Q 4/01/94 4.8 Registration Rights Agreement, dated June 7, 1996 among the Company and Goldman, Sachs & Co. and Morgan Stanley & Co.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,995
Incorporated.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,996
S-3 8/28/96 4.9 Certificate of Determination of Preferences of Series A Non-Voting Convertible Preferred Stock of Apple Computer, Inc. 10-K 9/26/97 10.A.3 Apple Computer, Inc. Savings and Investment Plan, as amended and restated effective as of October 1, 1990.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,997
10-K 9/27/91 10.A.3-1 Amendment of Apple Computer, Inc. Savings and Investment Plan dated March 1, 1992.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,998
10-K 9/25/92 10.A.3-2 Amendment No.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
1,999
2 to the Apple Computer, Inc. Savings and Investment Plan.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,000
10-Q 3/28/97 10.A.5 1990 Stock Option Plan, as amended through November 5, 1997.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,001
10-Q 12/26/97 10.A.6 Apple Computer, Inc.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,002
Employee Stock Purchase Plan, as amended through April 24, 2003.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,003
S-8 6/24/03 10.A.8 Form of Indemnification Agreement between the Registrant and each officer of the Registrant.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,004
10-K 9/26/97 10.A.43 NeXT Computer, Inc. 1990 Stock Option Plan, as amended.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,005
S-8 3/21/97 10.A.49 1997 Employee Stock Option Plan, as amended through October 19, 2001.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,006
10-K 9/28/02 10.A.50 1997 Director Stock Option Plan.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,007
10-Q 3/27/98 10.A.51 2003 Employee Stock Option Plan, as amended through April 24, 2003.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,008
10-Q 6/28/03 10.A.52 Reimbursement Agreement.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,009
10-Q 6/29/02 10.A.53 Option Cancellation and Restricted Stock Award Agreement 10-Q 6/28/03 10.B.18 Custom Sales Agreement effective October 21, 2002 between the Registrant and International Business Machines Corporation.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,010
X 14.1 Code of Ethics of the Company X Subsidiaries of Apple Computer, Inc. X 23.1 Independent Auditors' Consent X 31.1 Rule13a-14(a) / 15d-14(a) Certification of Chief Executive Officer X 31.2 Rule13a-14(a) / 15d-14(a) Certification of Chief Financial Officer X 32.1 Section 1350 Certification of Chief Executive and Ch...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,011
The Company filed a current report on Form 8-K on July 16, 2003, to reference and furnish as exhibits a press release and data sheet issued to the public by the Company on July 16, 2003.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,012
SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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, this 18th day of December 2003.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,013
APPLE COMPUTER, INC. By: /s/ FRED D. ANDERSON Fred D. Anderson Executive Vice President and Chief Financial Officer KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Steven P. Jobs and Fred D. Anderson, jointly and severally, his attorneys-in-fact, each with the...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,014
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated: Name Title Date /s/ STEVEN P. JOBS STEVEN P. JOBS Chief Executive Officer and Director (Principal Executive Office...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,015
Properties Item 3.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,016
Legal Proceedings Item 4.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,017
Submission of Matters to a Vote of Security Holders PART II Item 5.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,018
Market for the Registrant's Common Equity and Related Shareholder Matters Item 6.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,019
Selected Financial Data Item 7.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,020
Management's Discussion and Analysis of Financial Condition and Results of Operations Item 7A.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,021
Quantitative and Qualitative Disclosures About Market Risk Item 8.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,022
Financial Statements and Supplementary Data CONSOLIDATED BALANCE SHEETS (In millions, except share amounts) CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except share and per share amounts) CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In millions, except share amounts which are in thousands) CONSOLIDATED STAT...
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,023
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure Item 9A.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,024
Controls and Procedures PART III Item 10.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,025
Directors and Executive Officers of the Registrant Item 11.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,026
Executive Compensation SUMMARY COMPENSATION TABLE AGGREGATED OPTION EXERCISES IN THE LAST FISCAL YEAR AND FISCAL YEAR-END OPTION VALUES Item 12.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,027
Security Ownership of Certain Beneficial Owners and Management Security Ownership of Directors, Nominees and Executive Officers Item 13.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,028
Certain Relationships and Related Transactions Item 14.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,029
Principal Accountant Fees and Services Audit and Non-Audit Fees PART IV Item 15.
0001047469-03-041604/full-submission.txt
0000320193
20031219
10-K
2,030
Exhibits, Financial Statement Schedules, and Reports on Form 8-K. SIGNATURES
0001047469-03-041604/full-submission.txt
0000320193
20021219
10-K
0
10-K a2096490z10-k.htm 10-K -- Click here to rapidly navigate through this document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 28, 2002 OR o TRANSI...
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
1
Employer Identification No.)
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
2
1 Infinite Loop Cupertino, California (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (408) 996-1010 Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: Common Stock, no par value Common Shar...
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
3
Yes ý No o Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the Registrant's knowledge, in definitive proxy or information statements incorporated by reference to Part III of this Form 10-K or any amendmen...
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
4
Yes ý No o The aggregate market value of voting stock held by nonaffiliates of the Registrant was approximately $4,925,788,282 as of December 6, 2002, based upon the closing price on the NASDAQ National Market reported for such date.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
5
Shares of Common Stock held by each executive officer and director and by each person who beneficially owns more than 5% of the outstanding Common Stock have been excluded in that such persons may under certain circumstances be deemed to be affiliates.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
6
This determination of executive officer or affiliate status is not necessarily a conclusive determination for other purposes.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
7
359,135,584 shares of Common Stock Issued and Outstanding as of December 6, 2002 PART I The Business section and other parts of this Annual Report on Form 10-K ("Form 10-K") contain forward-looking statements that involve risks and uncertainties.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
8
The Company's actual results may differ significantly from the results discussed in the forward-looking statements.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
9
Factors that might cause such differences include, but are not limited to, those discussed in the subsection entitled "Factors That May Affect Future Results and Financial Condition" under Part II, Item 7 of this Form 10-K.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
10
Item 1. Business Company Background Apple Computer, Inc. ("Apple" or the "Company") was incorporated under the laws of the State of California on January 3, 1977.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
11
The Company designs, manufactures and markets personal computers and related personal computing solutions for sale primarily to education, creative, consumer, and business customers.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
12
Substantially all of the Company's net sales over the last five years have been derived from the sale of its Apple® Macintosh® line of personal computers and related software and peripherals.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
13
The Company's fiscal year ends on the last Saturday of September.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
14
Unless otherwise stated, all information presented in this Form 10-K is based on the Company's fiscal calendar.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
15
Business Strategy Digital Hub Apple is committed to bringing the best possible personal computing experience to students, educators, creative professionals, businesses and consumers around the world through its innovative hardware, software, and Internet offerings.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
16
The Company believes that personal computing has entered a new era in which the personal computer functions for both professionals and consumers as the digital hub for advanced new digital devices such as digital music players, personal digital assistants, cellular phones, digital still and movie cameras, CD and DVD pl...
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
17
The attributes of the personal computer, including its ability to run complex applications, possess a high quality user interface, contain large and relatively inexpensive storage, and easily connect to the Internet in multiple ways and at varying speeds, can individually add value to these devices and interconnect the...
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
18
Apple is the only company in the personal computer industry that designs and manufactures the entire personal computer-from the hardware and operating system to sophisticated applications.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
19
Apple ties it all together with its innovative industrial design, intuitive ease-of-use, and built-in networking, graphics, and multimedia capabilities.
0001047469-02-007674/full-submission.txt
0000320193
20021219
10-K
20
Thus, the Company is uniquely positioned to offer digital hub products and solutions.
0001047469-02-007674/full-submission.txt