Apple's Q2 2024 10-Q Filed
Ticker: AAPL · Form: 10-Q · Filed: 2024-05-03T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, debt, financials
Related Tickers: AAPL
TL;DR
Apple's Q2 10-Q is in, showing debt due through 2029. Looks stable.
AI Summary
Apple Inc. filed its 10-Q for the period ending March 30, 2024, reporting on its financial performance. The company's fiscal year ends on September 28. Key financial instruments include various notes due in 2025, 2026, 2027, and 2029, with interest rates ranging from 0% to 3.050%.
Why It Matters
This filing provides investors with Apple's latest financial health and debt obligations, crucial for understanding the company's stability and future investment potential.
Risk Assessment
Risk Level: low — Apple is a well-established company with a strong market position, making its risk level generally low.
Key Numbers
- 20240330 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
- 20240503 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Apple Inc. (company) — Filer of the 10-Q
- 0000320193-24-000069 (other) — Accession Number for the filing
- March 30, 2024 (date) — End of the reporting period
- September 28 (date) — Fiscal year end
- 0.000% Notes due 2025 (dollar_amount) — Debt instrument
- 0.875% Notes Due 2025 (dollar_amount) — Debt instrument
- 1.625% Notes Due 2026 (dollar_amount) — Debt instrument
- 2.000% Notes Due 2027 (dollar_amount) — Debt instrument
- 1.375% Notes Due 2029 (dollar_amount) — Debt instrument
- 3.050% Notes Due 2029 (dollar_amount) — Debt instrument
FAQ
What is the total amount of long-term debt reported by Apple Inc. as of March 30, 2024?
The provided excerpt does not contain the total amount of long-term debt, but it lists various notes with different due dates and interest rates.
When does Apple Inc.'s fiscal year end?
Apple Inc.'s fiscal year ends on September 28.
What are the different series of notes mentioned in the filing and their maturity dates?
The filing mentions notes due in 2025 (0% and 0.875%), 2026 (1.625%), 2027 (2.000%), and 2029 (1.375% and 3.050%).
What is the accession number for this 10-Q filing?
The accession number for this 10-Q filing is 0000320193-24-000069.
What is the Standard Industrial Classification (SIC) code for Apple Inc.?
The Standard Industrial Classification (SIC) code for Apple Inc. is 3571, which corresponds to ELECTRONIC COMPUTERS.
From the Filing
0000320193-24-000069.txt : 20240503 0000320193-24-000069.hdr.sgml : 20240503 20240502180425 ACCESSION NUMBER: 0000320193-24-000069 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 64 CONFORMED PERIOD OF REPORT: 20240330 FILED AS OF DATE: 20240503 DATE AS OF CHANGE: 20240502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Apple Inc. CENTRAL INDEX KEY: 0000320193 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] ORGANIZATION NAME: 06 Technology IRS NUMBER: 942404110 STATE OF INCORPORATION: CA FISCAL YEAR END: 0928 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36743 FILM NUMBER: 24910117 BUSINESS ADDRESS: STREET 1: ONE APPLE PARK WAY CITY: CUPERTINO STATE: CA ZIP: 95014 BUSINESS PHONE: (408) 996-1010 MAIL ADDRESS: STREET 1: ONE APPLE PARK WAY CITY: CUPERTINO STATE: CA ZIP: 95014 FORMER COMPANY: FORMER CONFORMED NAME: APPLE INC DATE OF NAME CHANGE: 20070109 FORMER COMPANY: FORMER CONFORMED NAME: APPLE COMPUTER INC DATE OF NAME CHANGE: 19970808 10-Q 1 aapl-20240330.htm 10-Q aapl-20240330 false 2024 Q2 0000320193 --09-28 P1Y P1Y P1Y P1Y http://fasb.org/us-gaap/2023#MarketableSecuritiesCurrent http://fasb.org/us-gaap/2023#MarketableSecuritiesNoncurrent http://fasb.org/us-gaap/2023#MarketableSecuritiesCurrent http://fasb.org/us-gaap/2023#MarketableSecuritiesNoncurrent http://fasb.org/us-gaap/2023#LongTermDebtCurrent http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent http://fasb.org/us-gaap/2023#LongTermDebtCurrent http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent 0000320193 2023-10-01 2024-03-30 0000320193 us-gaap:CommonStockMember 2023-10-01 2024-03-30 0000320193 aapl:A0.000Notesdue2025Member 2023-10-01 2024-03-30 0000320193 aapl:A0.875NotesDue2025Member 2023-10-01 2024-03-30 0000320193 aapl:A1.625NotesDue2026Member 2023-10-01 2024-03-30 0000320193 aapl:A2.000NotesDue2027Member 2023-10-01 2024-03-30 0000320193 aapl:A1.375NotesDue2029Member 2023-10-01 2024-03-30 0000320193 aapl:A3.050NotesDue2029Member 2023-10-01 2024-03-30 0000320193 aapl:A0.500Notesdue2031Member 2023-10-01 2024-03-30 0000320193 aapl:A3.600NotesDue2042Member 2023-10-01 2024-03-30 0000320193 2024-04-19 xbrli:shares 0000320193 us-gaap:ProductMember 2023-12-31 2024-03-30 iso4217:USD 0000320193 us-gaap:ProductMember 2023-01-01 2023-04-01 0000320193 us-gaap:ProductMember 2023-10-01 2024-03-30 0000320193 us-gaap:ProductMember 2022-09-25 2023-04-01 0000320193 us-gaap:ServiceMember 2023-12-31 2024-03-30 0000320193 us-gaap:ServiceMember 2023-01-01 2023-04-01 0000320193 us-gaap:ServiceMember 2023-10-01 2024-03-30 0000320193 us-gaap:ServiceMember 2022-09-25 2023-04-01 0000320193 2023-12-31 2024-03-30 0000320193 2023-01-01 2023-04-01 0000320193 2022-09-25 2023-04-01 iso4217:USD xbrli:shares 0000320193 2024-03-30 0000320193 2023-09-30 0000320193 2023-12-30 0000320193 2022-12-31 0000320193 2022-09-24 0000320193 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2023-12-30 0000320193 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2022-12-31 0000320193 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2023-09-30 0000320193 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2022-09-24 0000320193 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2023-12-31 2024-03-30 0000320193 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2023-01-01 2023-04-01 0000320193 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2023-10-01 2024-03-30 0000320193 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2022-09-25 2023-04-01 0000320193 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2024-03-30 0000320193 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2023-04-01 0000320193 us-gaap:RetainedEarningsMember 2023-12-30 0000320193 us-gaap:RetainedEarningsMember 2022-12-31 0000320193 us-gaap:RetainedEarningsMember 2023-09-30 0000320193 us-gaap:RetainedEarningsMember 2022-09-24 0000320193 us-gaap:RetainedEarningsMember 2023-12-31 2024-03-30 0000320193 us-gaap:RetainedEarningsMemb