Apple Inc. Files 8-K, Details Debt Offerings

TL;DR

Apple dropped an 8-K detailing various notes due 2025-2031 with rates from 0.875% to 3.6%.

AI Summary

Apple Inc. filed an 8-K on September 10, 2024, to report information under Regulation FD. The filing lists various debt instruments, including notes due in 2025, 2026, 2027, 2029, and 2031, with interest rates ranging from 0.875% to 3.600%. It also mentions common stock.

Why It Matters

This filing provides insight into Apple's ongoing debt financing activities and capital structure, which can influence investor perceptions of its financial health and future investment capacity.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of debt instruments and does not indicate any immediate financial distress or significant operational changes.

Key Numbers

• 2025-2031 — Note Maturities (Indicates the range of debt maturity dates disclosed.)
• 0.875% - 3.600% — Interest Rates (Shows the range of coupon rates for the disclosed notes.)

Key Players & Entities

• Apple Inc. (company) — Filer
• 0000320193 (company) — Central Index Key
• September 10, 2024 (date) — Filing Date
• 0.875% (dollar_amount) — Lowest interest rate on notes
• 3.600% (dollar_amount) — Highest interest rate on notes

FAQ

Key Financial Figures

• $0.00001 — nge on which registered Common Stock, $0.00001 par value per share AAPL The Nasdaq
• $10 b — tember 28, 2024, of up to approximately $10 billion, which will increase the Company'

Filing Documents

• ef20035718_8k.htm (8-K) — 48KB
• logo_apple.jpg (GRAPHIC) — 362KB
• 0001140361-24-040659.txt ( ) — 1219KB
• aapl-20240910.xsd (EX-101.SCH) — 6KB
• aapl-20240910_def.xml (EX-101.DEF) — 19KB
• aapl-20240910_lab.xml (EX-101.LAB) — 29KB
• aapl-20240910_pre.xml (EX-101.PRE) — 21KB
• ef20035718_8k_htm.xml (XML) — 13KB

01

Item 7.01 Regulation FD Disclosure. On August 30, 2016, the European Commission (the "Commission") announced its decision that Ireland granted state aid to Apple Inc. (the "Company") by providing tax opinions in 1991 and 2007 concerning the tax allocation of profits of the Irish branches of two subsidiaries of the Company (the "State Aid Decision"). The State Aid Decision ordered Ireland to calculate and recover additional taxes from the Company for the period June 2003 through December 2014. Irish legislative changes, effective as of January 2015, eliminated the application of the tax opinions from that date forward. The Company and Ireland appealed the State Aid Decision to the General Court of the Court of Justice of the European Union (the "General Court"). On July 15, 2020, the General Court annulled the State Aid Decision. On September 25, 2020, the Commission appealed the General Court's decision to the European Court of Justice (the "ECJ") and a hearing was held on May 23, 2023. On September 10, 2024, the ECJ announced that it had set aside the 2020 judgment of the General Court and confirmed the Commission's 2016 State Aid Decision. As a result, the Company expects to record a one-time income tax charge in its fourth fiscal quarter ending September 28, 2024, of up to approximately $10 billion, which will increase the Company's effective tax rate for the quarter. The information presented in this Current Report is preliminary and actual results may differ when the Company reports its final results for the fourth quarter. The information contained in this Current Report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. This Current Report contains forward-looking statements, within the meani

SIGNATURES

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 hereunto duly authorized. Date: September 10, 2024 Apple Inc. By: /s/ Luca Maestri Luca Maestri Senior Vice President, Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR