UNITED
STATES
SECURITIES
AND
EXCHANGE
COMMISSION
Washington,
D.C.
20549
FORM
10-Q
(Mark
One)
☒
QUARTERLY
REPORT
PURSUANT
TO
SECTION
13
OR
15(d)
OF
THE
SECURITIES
EXCHANGE
ACT
OF
1934
For
the
quarterly
period
ended
June 29,
2024
or
☐
TRANSITION
REPORT
PURSUANT
TO
SECTION
13
OR
15(d)
OF
THE
SECURITIES
EXCHANGE
ACT
OF
1934
For
the
transition
period
from
            
to
            .
Commission
File
Number:
001-36743
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.
Employer
Identification
No.)
One
Apple
Park
Way
Cupertino,
California	95014
(Address
of
principal
executive
offices)	(Zip
Code)
(408)
996-1010
(Registrant’s
telephone
number,
including
area
code)
Securities
registered
pursuant
to
Section
12(b)
of
the
Act:
Title
of
each
class
Trading

symbol(s)
Name
of
each
exchange
on
which
registered
Common
Stock,
$0.00001
par
value
per
share
AAPL	The
Nasdaq
Stock
Market
LLC
0.000%
Notes
due
2025	—	The
Nasdaq
Stock
Market
LLC
0.875%
Notes
due
2025	—	The
Nasdaq
Stock
Market
LLC
1.625%
Notes
due
2026	—	The
Nasdaq
Stock
Market
LLC
2.000%
Notes
due
2027	—	The
Nasdaq
Stock
Market
LLC
1.375%
Notes
due
2029	—	The
Nasdaq
Stock
Market
LLC
3.050%
Notes
due
2029	—	The
Nasdaq
Stock
Market
LLC
0.500%
Notes
due
2031	—	The
Nasdaq
Stock
Market
LLC
3.600%
Notes
due
2042	—	The
Nasdaq
Stock
Market
LLC
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
requirements
for
the
past
90
days.
Yes  ☒     No  ☐
Indicate
by
check
mark
whether
the
Registrant
has
submitted
electronically
every
Interactive
Data
File
required
to
be
submitted
pursuant
to
Rule

405
of
Regulation
S-T
(§232.405
of
this
chapter)
during
the
preceding
12
months
(or
for
such
shorter
period
that
the
Registrant
was
required
to

submit
such
files).
Yes  ☒     No  ☐
Indicate
by
check
mark
whether
the
Registrant
is
a
large
accelerated
filer,
an
accelerated
filer,
a
non-accelerated
filer,
a
smaller
reporting

company,
or
an
emerging
growth
company.
See
the
definitions
of
“large
accelerated
filer,”
“accelerated
filer,”
“smaller
reporting
company,”
and

“emerging
growth
company”
in
Rule
12b-2
of
the
Exchange
Act.
Large
accelerated
filer☒	Accelerated
filer
☐
Non-accelerated
filer
☐	Smaller
reporting
company
☐
Emerging
growth
company
☐
If
an
emerging
growth
company,
indicate
by
check
mark
if
the
Registrant
has
elected
not
to
use
the
extended
transition
period
for
complying
with

any
new
or
revised
financial
accounting
standards
provided
pursuant
to
Section
13(a)
of
the
Exchange
Act.
☐
Indicate
by
check
mark
whether
the
Registrant
is
a
shell
company
(as
defined
in
Rule
12b-2
of
the
Exchange
Act).
Yes  ☐     No  ☒
15,204,137,000
shares
of
common
stock
were
issued
and
outstanding
as
of
July 19,
2024.
Apple
Inc.
Form
10-Q
For
the
Fiscal
Quarter
Ended
June 29,
2024

TABLE
OF
CONTENTS
Page
Part
I
Item
1.
Financial
Statements	1
Item
2.
Management’s
Discussion
and
Analysis
of
Financial
Condition
and
Results
of
Operations
13
Item
3.
Quantitative
and
Qualitative
Disclosures
About
Market
Risk	18
Item
4.
Controls
and
Procedures	18
Part
II
Item
1.
Legal
Proceedings	19
Item
1A.
Risk
Factors	19
Item
2.
Unregistered
Sales
of
Equity
Securities
and
Use
of
Proceeds	20
Item
3.
Defaults
Upon
Senior
Securities	20
Item
4.
Mine
Safety
Disclosures	20
Item
5.
Other
Information	20
Item
6.
Exhibits	21
PART
I
—
FINANCIAL
INFORMATION
Item
1.
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)
Three
Months
Ended	Nine
Months