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0000320193
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10-K
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Confidential treatment as to certain portions of these agreements has been granted.
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89-8A Incorporated by reference to Exhibit 1 to the Company's Registration Statement on Form 8-A filed with the Securities and Exchange Commission on May 26, 1989.
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90/2Q Incorporated by reference to Exhibit 3.2 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 30, 1990.
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91K Incorporated by reference to the exhibit of that number in the Company's Annual Report on Form 10-K for the fiscal year ended September 27, 1991 (the "1991 Form 10-K").
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91-8K-7 Incorporated by reference to Exhibit 7 to the October 1991 Form 8-K. 91-8K-8 Incorporated by reference to Exhibit 8 to the October 1991 Form 8-K. 91-8K-9 Incorporated by reference to Exhibit 9 to the October 1991 Form 8-K. 92K Incorporated by reference to the exhibit of that number in the Company's Annual Repor...
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93K-10.A.15 Incorporated by reference to Exhibit 10.A.15 to the 1993 Form 10-K. 93/3Q Incorporated by reference to Exhibit 10.A.1 to the Company's Quarterly Report on Form 10-Q for the quarter ended June 25, 1993.
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94/2Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended April 1, 1994.
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96/1Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended December 29, 1995 96/2Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended March 29, 1996.
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96/3Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended June 28, 1996.
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96-S3/A-4.1.1, Incorporated by reference to the exhibit 4.1, 4.2, 4.3, and -4.2.1, -4.3.1, 4.8, respectively, in the Company's Registration Statement -4.8 on Form S-3/A (file no.
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333-10961) filed October 30, 1996.
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96K Incorporated by reference to the exhibit of that number in the Company's Annual Report on Form 10-K for the fiscal year ended September 27, 1996 (the "1996 Form 10-K").
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97/1Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended December 27, 1996 97/2Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended March 28, 1997.
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97/3Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended June 27, 1997.
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97K Incorporated by reference to the exhibit of that number in the Company's Annual Report on Form 10-K for the fiscal year ended September 26, 1997 (the "1997 Form 10-K").
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98/1Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended December 26, 1997.
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98/2Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended March 27, 1998.
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NOTES ----- 99/2Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended March 27, 1999.
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99/3Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended June 26, 1999.
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99K Incorporated by reference to the exhibit of that number in the Company's Annual Report on Form 10-K for the fiscal year ended September 25, 1999 (the "1999 Form 10-K").
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00/3Q Incorporated by reference to the exhibit of that number in the Company's Quarterly Report on Form 10-Q for the quarter ended July 1, 2000.
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(d) Financial Statement Schedule See Item 14(a)(2) of this Form 10-K. 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 13th day of December 2000...
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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 sever...
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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 Chief Executive Officer and -----------------------------------...
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CHANG ------------------------------------------- Director December 13, 2000 GARETH C.C.
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CHANG /s/ MILLARD S. DREXLER ------------------------------------------- Director December 13, 2000 MILLARD S. DREXLER /s/ LAWRENCE J. ELLISON ------------------------------------------- Director December 13, 2000 LAWRENCE J. ELLISON /s/ ARTHUR D. LEVINSON ------------------------------------------- Director December 1...
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0000320193
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10-K
0
10-K d10k.htm FOR THE FISCAL YEAR ENDED SEPTEMBER 25, 2010 FOR THE FISCAL YEAR ENDED SEPTEMBER 25, 2010 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September ...
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Employer Identification No.)
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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: Common Stock, no par value The NASDAQ Global Select Market (Title of class) (Name of exchange on which ...
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Yes x No ¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
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Yes ¨ No x 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 the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing...
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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...
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Yes x No ¨ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (section 229.405 of this chapter) 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 in Part III...
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See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
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Large accelerated filer x Accelerated filer ¨ Non-accelerated filer ¨ (Do not check if 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 Act).
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Yes ¨ No x The aggregate market value of the voting and non-voting stock held by non-affiliates of the registrant, as of March 27, 2010, was approximately $208,565,000,000 based upon the closing price reported for such date on the NASDAQ Global Select Market.
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For purposes of this disclosure, shares of common stock held by persons who hold more than 5% of the outstanding shares of common stock and shares held by executive officers and directors of the registrant have been excluded because such persons may be deemed to be affiliates.
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This determination of executive officer or affiliate status is not necessarily a conclusive determination for other purposes.
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917,307,099 shares of Common Stock Issued and Outstanding as of October 15, 2010 DOCUMENTS INCORPORATED BY REFERENCE (1) Portions of the registrant’s definitive Proxy Statement relating to its 2011 Annual Meeting of Shareholders are incorporated by reference into Part III of this Annual Report on Form 10-K where indica...
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Such Proxy Statement will be filed with the U.S. Securities and Exchange Commission within 120 days after the end of the fiscal year to which this report relates.
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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.
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Many of the forward-looking statements are located in “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical o...
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Forward-looking statements can also be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” and similar terms.
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Forward-looking statements are not guarantees of future performance and the Company’s actual results may differ significantly from the results discussed in the forward-looking statements.
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Factors that might cause such differences include, but are not limited to, those discussed in the subsection entitled “Risk Factors” under Part I, Item 1A of this Form 10-K, which are incorporated herein by reference.
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The Company assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law.
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PART I Item 1. Business Company Background Apple Inc. and its wholly-owned subsidiaries (collectively “Apple” or the “Company”) designs, manufactures and markets a range of personal computers, mobile communication and media devices, and portable digital music players, and sells a variety of related software, services, ...
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The Company’s products and services include Macintosh (“Mac”) computers, iPhone, iPad, iPod, Apple TV, Xserve, a portfolio of consumer and professional software applications, the Mac OS X and iOS operating systems, third-party digital content and applications through the iTunes Store, and a variety of accessory, servic...
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The Company sells its products worldwide through its retail stores, online stores, and direct sales force and third-party cellular network carriers, wholesalers, retailers, and value-added resellers.
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In addition, the Company sells a variety of third-party Mac, iPhone, iPad and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and various other accessories and peripherals, through its online and retail stores.
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The Company sells to consumer, small and mid-sized business (“SMB”), education, enterprise, government and creative markets.
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The Company’s fiscal year is the 52 or 53-week period that ends on the last Saturday of September.
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Unless otherwise stated, all information presented in this Form 10-K is based on the Company’s fiscal calendar.
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The Company is a California corporation founded in 1977. Business Strategy The Company is committed to bringing the best user experience to its customers through its innovative hardware, software, peripherals, services, and Internet offerings.
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The Company’s business strategy leverages its unique ability to design and develop its own operating systems, hardware, application software, and services to provide its customers new products and solutions with superior ease-of-use, seamless integration, and innovative industrial design.
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The Company believes continual investment in research and development is critical to the development and enhancement of innovative products and technologies.
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In conjunction with its strategy, the Company continues to build and host a robust platform for the discovery and delivery of third-party digital content and applications through the iTunes Store.
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The iTunes Store includes the App Store and iBookstore, which allow customers to discover and download third-party applications and books through either a Mac or Windows-based computer or wirelessly through an iPhone, iPad or iPod touch.
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The Company also works to support a community for the development of third-party software and hardware products and digital content that complement the Company’s offerings.
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Additionally, the Company’s strategy includes expanding its distribution to effectively reach more customers and provide them with a high-quality sales and post-sales support experience.
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The Company is therefore uniquely positioned to offer superior and well-integrated digital lifestyle and productivity solutions.
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Consumer and Small and Mid-Sized Business The Company believes a high-quality buying experience with knowledgeable salespersons who can convey the value of the Company’s products and services greatly enhances its ability to attract and retain customers.
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The Company sells many of its products and resells certain third-party products in most of its major markets directly to consumers and businesses through its retail and online stores.
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The Company has also invested in programs to enhance reseller sales by placing high quality Apple fixtures, merchandising materials and other resources within selected third-party reseller locations.
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Through the Apple Premium Reseller Program, certain third-party resellers focus on the Apple platform by providing a high level of integration and support services, and product expertise.
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As of September 25, 2010, the Company had opened a total of 317 retail stores, including 233 stores in the U.S. and 84 stores internationally.
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The Company has typically located its stores at high-traffic locations in quality shopping malls and urban shopping districts.
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By operating its own stores and locating them in desirable high-traffic locations, the Company is better positioned to control the customer buying experience and attract new customers.
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The stores are designed to simplify and enhance the presentation and marketing of the Company’s products and related solutions.
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To that end, retail store configurations have evolved into various sizes to accommodate market-specific demands.
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The Company believes providing direct contact with its targeted customers is an effective way to demonstrate the advantages of its products over those of its competitors.
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The stores employ experienced and knowledgeable personnel who provide product advice, service and training.
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The stores offer a wide selection of third-party hardware, software, and various other accessories and peripherals that complement the Company’s products.
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Education Throughout its history, the Company has focused on the use of technology in education and has been committed to delivering tools to help educators teach and students learn.
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The Company believes effective integration of technology into classroom instruction can result in higher levels of student achievement, especially when used to support collaboration, information access, and the expression and representation of student thoughts and ideas.
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The Company has designed a range of products, services and programs to address the needs of education customers, including individual laptop programs and education road shows.
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In addition, the Company supports mobile learning and real-time distribution and accessibility of education related materials through iTunes U, which allows students and teachers to share and distribute educational media directly through their computers and mobile communication and media devices.
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The Company sells its products to the education market through its direct sales force, select third-party resellers and its online and retail stores.
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Enterprise, Government and Creative The Company also sells its hardware and software products to customers in enterprise, government and creative markets in each of its geographic segments.
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These markets are also important to many third-party developers who provide Mac-compatible hardware and software solutions.
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Customers in these markets utilize the Company’s products because of their high-powered computing performance and expansion capabilities, networking functionality, and seamless integration with complementary products.
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The Company designs its high-end hardware solutions to incorporate the power, expandability, compatibility and other features desired by these markets.
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Other In addition to consumer, SMB, education, enterprise, government and creative markets, the Company provides hardware and software products and solutions for customers in the information technology and scientific markets.
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Business Organization The Company manages its business primarily on a geographic basis.
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The Company’s reportable operating segments consist of the Americas, Europe, Japan, Asia-Pacific and Retail.
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The Americas, Europe, Japan and Asia-Pacific reportable segments do not include activities related to the Retail segment.
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The Americas segment includes both North and South America.
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The Europe segment includes European countries, as well as the Middle East and Africa.
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The Asia-Pacific segment includes Australia and Asia, but does not include Japan.
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The Retail segment operates Apple-owned retail stores in the U.S. and in international markets.
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Each reportable operating segment provides similar hardware and software products and similar services.
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Further information regarding the Company’s operating segments may be found in Part II, Item 7 of this Form 10-K under the subheading “Segment Operating Performance,” and in Part II, Item 8 of this Form 10-K in Notes to Consolidated Financial Statements at Note 9, “Segment Information and Geographic Data.” Products The...
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In addition, the Company offers its own software products, including Mac OS® X, the Company’s proprietary operating system software for the Macintosh® (“Mac”); iOS, the Company’s proprietary mobile operating system; server software and application software for consumer, education, and business customers.
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The Company’s primary products are discussed below.
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Mac Hardware Products The Company offers a range of personal computing products including desktop and portable computers, Xserve® servers, related devices and peripherals, and various third-party hardware products.
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The Company’s Mac desktop and portable systems feature Intel microprocessors, the Company’s Mac OS X Version 10.6 Snow Leopard® (“Mac OS X Snow Leopard”) operating system and the iLife® suite of software for creation and management of digital photography, music, movies, DVDs and websites.
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The Company’s desktop computers include iMac®, Mac® Pro and Mac® mini.
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The iMac desktop computer is an all-in-one design that incorporates a display, processor, graphics card, hard drive, optical drive, memory and other components inside a single enclosure.
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The Mac Pro desktop computer is targeted at business and professional customers and is designed to meet the performance, expansion, and networking needs of the most demanding Mac user.
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The Mac mini is a desktop computer in a compact enclosure.
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