APPLE FINANCIAL STATEMENTS 2017 SOFTWARE

More information on these risks and other potential factors that could affect the CompanyвЂ™s financial results is included in the CompanyвЂ™s filings with the SEC, including in the вЂњRisk FactorsвЂќ and вЂњManagementвЂ™s Discussion and Analysis of Financial Condition and Results of OperationsвЂќ sections of the CompanyвЂ™s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings.

APPLE FINANCIAL STATEMENTS 2017 SOFTWARE

and which may affect the quality, quantity or cost of products manufactured or services rendered to the Company the effect of product and service quality problems on the CompanyвЂ™s financial performance and reputation the dependency of the Company on third-party intellectual property and digital content, which may not be available to the Company on commercially reasonable terms or at all the dependency of the Company on support from third-party software developers to develop and maintain software applications and services for the CompanyвЂ™s products the impact of unfavorable legal proceedings, such as a potential finding that the Company has infringed on the intellectual property rights of others the impact of changes to laws and regulations that affect the CompanyвЂ™s activities, including the CompanyвЂ™s ability to offer products or services to customers in different regions the ability of the Company to manage risks associated with its international activities, including complying with laws and regulations affecting the CompanyвЂ™s international operations the ability of the Company to manage risks associated with the CompanyвЂ™s retail stores the ability of the Company to manage risks associated with the CompanyвЂ™s investments in new business strategies and acquisitions the impact on the Company's business and reputation from information technology system failures, network disruptions or losses or unauthorized access to, or release of, confidential information the ability of the Company to comply with laws and regulations regarding data protection the continued service and availability of key executives and employees war, terrorism, public health issues, natural disasters, and other business interruptions that could disrupt supply or delivery of, or demand for, the CompanyвЂ™s products financial risks, including risks relating to currency fluctuations, credit risks and fluctuations in the market value of the CompanyвЂ™s investment portfolio and changes in tax rates and exposure to additional tax liabilities. Risks and uncertainties include without limitation: the effect of global and regional economic conditions on the Company's business, including effects on purchasing decisions by consumers and businesses the ability of the Company to compete in markets that are highly competitive and subject to rapid technological change the ability of the Company to manage frequent product introductions and transitions, including delivering to the marketplace, and stimulating customer demand for, new products, services and technological innovations on a timely basis the effect that product introductions and transitions, changes in product pricing and product mix, and increases in component and other costs could have on the CompanyвЂ™s gross margin the dependency of the Company on the performance of distributors of the Company's products, including cellular network carriers and other resellers the inventory and other asset risks associated with the CompanyвЂ™s need to order, or commit to order, product components in advance of customer orders the continued availability on acceptable terms, or at all, of certain components, services and new technologies essential to the Company's business, including components and technologies that may only be available from sole or limited sources the dependency of the Company on manufacturing and logistics services provided by third parties, many of which are located outside of the U.S. These statements involve risks and uncertainties, and actual results may differ. These forward-looking statements include without limitation those about the CompanyвЂ™s estimated revenue, gross margin, operating expenses, other income/(expense), tax rate, and plans for return of capital.

This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995.

Apple financial statements 2017