+ Patents
++ Number of Patents Issued to Apple by the US Patent Office and the European Patent Office (Past 12 Months)
There were a total of 2,875 patents issued to Apple in the past 12 months. The highest number (331) were issued in March, 2020.

MonthNo. of Patents Issued
July253
June310
May262
April248
March331
February253
January191
December266
November226
October278
September257
Total (Past 12 Months)2,875


++ Rank by patents issued in the past 12 months: Apple vs NASDAQ stocks
Apple's ranked 1 by US Patents issued in the past year out of 2,435 NASDAQ listed companies. A total of 31,200 US patents were issued to NASDAQ listed companies in the past year, an average of 12.8 patents per company. Apple received 2,720 US Patents in the past 12 months, 212 times average.


++ Patents issued to Apple by the US PTO and the EPO on same inventions in the past year
In the past 12 months 63 patents were issued by the USPTO and the European Patent Office (EPO) to Apple.

To view details, click on the "Patent No." link

TitleUS PTOEPO
Accelerated Task Performance10,504,518; 10 Dec, 2019EP3674922 (A1); 01 Jul, 2020
Accessing Memories In Coherent And Non-Coherent Domains In A Computing System10,402,326; 03 Sep, 2019US10402326 (B1); 03 Sep, 2019
Accessory Management System Using Environment Model10,454,783; 22 Oct, 2019EP3537238 (A1); 11 Sep, 2019
Adaptive Power Equalization In Electrical Balance Duplexers10,530,615; 07 Jan, 2020US10530615 (B1); 07 Jan, 2020
Audio Data Routing Between Multiple Wirelessly Connected Devices10,554,800; 04 Feb, 2020EP3675520 (A2); 01 Jul, 2020
Avatar Creation User Interface10,580,221; 03 Mar, 2020EP3584679 (A1); 25 Dec, 2019
Backlights With Dynamic Dimming Ranges10,665,181; 26 May, 2020DE112018003379 (T5); 12 Mar, 2020
Battery Usage Tracking User Interface10,416,745; 17 Sep, 2019EP3683591 (A1); 22 Jul, 2020
Content Notification System And Method10,405,044; 03 Sep, 2019US10405044 (B1); 03 Sep, 2019
Dc-Dc Converter With A Dynamically Adapting Load-Line10,644,592; 05 May, 2020GB2578007 (A); 15 Apr, 2020
Devices And Methods For Capturing And Interacting With Enhanced Digital Images10,455,146; 22 Oct, 2019EP3591953 (A1); 08 Jan, 2020
Devices, Methods, And Graphical User Interfaces For Haptic Mixing10,528,139; 07 Jan, 2020EP3531250 (A1); 28 Aug, 2019
Devices, Methods, And Graphical User Interfaces For Manipulating User Interface Objects With Visual And/Or Haptic Feedback10,698,598; 30 Jun, 2020EP3591504 (A1); 08 Jan, 2020
Devices, Methods, And Graphical User Interfaces For Providing Haptic Feedback10,692,333; 23 Jun, 2020EP3674871 (A1); 01 Jul, 2020
Different Sector Rotation Speeds For Post-Amble Processing Of A Beam Forming Packet10,693,545; 23 Jun, 2020DE112018005020 (T5); 09 Jul, 2020
Display Module And System Applications10,535,642; 14 Jan, 2020EP3521972 (A1); 07 Aug, 2019
Downshift Techniques For Oscillator With Feedback Loop10,630,300; 21 Apr, 2020US2019273503 (A1); 05 Sep, 2019
Dual Protocol Wireless Power System10,637,301; 28 Apr, 2020DE112018004188 (T5); 07 May, 2020
Earbud Case With Pairing Button10,681,446; 09 Jun, 2020EP3567870 (A2); 13 Nov, 2019
Electronic Device Antenna Arrays Mounted Against A Dielectric Layer10,608,344; 31 Mar, 2020GB2573882 (A); 20 Nov, 2019
Electronic Device Slot Antennas10,658,749; 19 May, 2020DE112018004931 (T5); 10 Jun, 2020
Electronic Devices With Ambient Light Sensors10,553,179; 04 Feb, 2020DE112018004941 (T5); 09 Jul, 2020
Emoji Recording And Sending10,521,948; 31 Dec, 2019EP3570251 (A1); 20 Nov, 2019
Fabric-Based Items With Electrical Component Arrays10,553,540; 04 Feb, 2020US10553540 (B2); 04 Feb, 2020
Fabrics With Conductive Paths10,400,364; 03 Sep, 2019US10400364 (B1); 03 Sep, 2019
Handwriting Keyboard For Screens10,466,895; 05 Nov, 2019EP3557389 (A1); 23 Oct, 2019
Haptic Engine Having Moving Coil Structure Powered By Suspended Flexible Printed Circuit With Multiple Traces10,453,315; 22 Oct, 2019US10453315 (B1); 22 Oct, 2019
Indirect Authentication10,484,384; 19 Nov, 2019EP3579132 (A1); 11 Dec, 2019
Led Sidewall Processing To Mitigate Non-Radiative Recombination10,418,519; 17 Sep, 2019US2020052158 (A1); 13 Feb, 2020
Managing Connections Of A User Device10,433,047; 01 Oct, 2019EP3687137 (A1); 29 Jul, 2020
Mandrel Flex Circuit Routing10,635,141; 28 Apr, 2020EP3579079 (A1); 11 Dec, 2019
Mechanism For Retrieval Of Previously Captured Audio10,452,339; 22 Oct, 2019EP3651012 (A1); 13 May, 2020
Metadata For Loudness And Dynamic Range Control10,644,666; 05 May, 2020EP3540733 (A1); 18 Sep, 2019
Method And An Apparatus For Determining A Gaze Point On A Three-Dimensional Object10,699,439; 30 Jun, 2020US2019272650 (A1); 05 Sep, 2019
Method And System For Representing A Virtual Object In A View Of A Real Environment10,417,824; 17 Sep, 2019EP3629303 (A1); 01 Apr, 2020
Methods And Apparatus For Optimizing Paging Mechanisms Using Device Context Information10,568,068; 18 Feb, 2020EP3651513 (A1); 13 May, 2020
Methods, Procedures And Framework To Provision An Esim And Make It Multi-Sim Capable Using Primary Account Information10,470,016; 05 Nov, 2019EP3579590 (A1); 11 Dec, 2019
Mixed Input Lighting Using Multiple Light Sources With Switchable Operational State10,528,152; 07 Jan, 2020US10528152 (B1); 07 Jan, 2020
Mobile Zoom Using Multiple Optical Image Stabilization Cameras10,382,698; 13 Aug, 2019EP3591958 (A1); 08 Jan, 2020
Multi-Band Millimeter Wave Antenna Arrays10,658,762; 19 May, 2020DE112018003622 (T5); 02 Jul, 2020


+ Tax & Dividend
++ Average Income Tax Paid (Past 5 Years)
In the past 5 years, Income Tax as % of profit before tax decreased from 26.4% to 15.9% and Income Tax as % of operating cash flow decreased from 26.4% to 15.9%.

Description201920182017201620155-yr avg10-yr avg
As % of profit before tax15.918.324.625.626.422.223.7
As % of operating cash flow15.918.324.625.626.422.223.3

++ Footprint of Low Tax Subsidiaries
Corporate Tax rate of Apple in country of incorporation:

SubsidiaryIncorporated inCorporate Tax Rate (%)
Apple Sales InternationalIreland12.5
Apple Operations InternationalIreland12.5
Apple Operations EuropeIreland12.5

++ Dividend History
In the past 5 years annual dividends have increased by 100.0c from 213.0c to 313.0c. Based on a start date of 5 years ago, there has been no decline in dividends over the last 5 years.

DateValue (c)Type
08 May 202082Quarterly
07 Feb 202077Quarterly
07 Nov 201977Quarterly
09 Aug 201977Quarterly
Tr 12 Months313
10 May 201977Quarterly
08 Feb 201973Quarterly
08 Nov 201873Quarterly
10 Aug 201873Quarterly
2018 - 2019296
11 May 201873Quarterly
09 Feb 201863Quarterly
10 Nov 201763Quarterly
10 Aug 201763Quarterly
2017 - 2018262
11 May 201763Quarterly
09 Feb 201757Quarterly
03 Nov 201657Quarterly
04 Aug 201657Quarterly
2016 - 2017234
05 May 201657Quarterly
04 Feb 201652Quarterly
05 Nov 201552Quarterly
06 Aug 201552Quarterly
2015 - 2016213


+ Financials Q2 2020, FY 2019
++ Quarterly Report (Q2/2020): Key Parameters
Apple EPS slumps 49%
Release Date: May 01, 2020
Apple (NASDAQ:AAPL), announced EPS of $US2.58 for the quarter-ended 28 March 2020 [Q2/2020], down 48.8% sequentially from $US5.04 in the previous quarter [Q1/2020].


Quarter-ended28 Mar [Q2/2020]28 Dec [Q1/2020]28 Sep [Q4/2019]
EPS, $US2.65.03.1
Sequential growth in EPS %-48.86440.0
Revenue, $US billion58.391.864.0
Sequential growth in Revenue %-36.543.419.0
Net Profit, $US billion11.222.213.7
Sequential growth in Net Profit %-49.46236.3

Compared with the previous corresponding period [PCP; Q2/2019], year-over-year [y.o.y.] EPS was up 4.5%, Revenue was up 0.5% and Net Profit was down 2.7%.

Quarter-ended28 Mar [Q2/2020]30 Mar [Q2/2019]
EPS, $US2.62.5
PCP growth in EPS %4.5-10.2
Revenue, $US billion58.358.0
PCP growth in Revenue %0.5-5.1
Net Profit, $US billion11.211.6
PCP growth in Net Profit %-2.7-16.4

++ Financial Results as reported (Q2/2020)

SEC FILING 10-Q RESULTS OF OPERATIONS AND FINANCIAL CONDITION
(In $US Million, except per share data and shares outstanding)

INCOME STATEMENT AS REPORTED (Q2/2020)

Description$US Million$US Million
Mar 28, 2020Mar 30, 2019Change %
Net sales:
Products44,96546,565Down 3.4
Services13,34811,450Up 16.6
Total net sales58,31358,015Up 0.5
Cost of sales:
Products31,32132,047Down 2.3
Services4,6224,147Up 11.5
Total cost of sales35,94336,194Down 0.7
Gross margin22,37021,821Up 2.5
Operating expenses:
Research and development4,5653,948Up 15.6
Selling, general and administrative4,9524,458Up 11.1
Total operating expenses9,5178,406Up 13.2
Operating income12,85313,415Down 4.2
Other income/(expense), net282378Down 25.4
Income before provision for income taxes13,13513,793Down 4.8
Provision for income taxes1,8862,232Down 15.5
Net income11,24911,561Down 2.7
Earnings per share:
BasicUSD2.58USD2.47Up 4.5
DilutedUSD2.55USD2.46Up 3.7
Shares used in computing earnings per share:
Basic4,360,000,0004,670,000,000Down 6.6
Diluted4,400,000,0004,700,000,000Down 6.4
Net income11,24911,561Down 2.7
Other comprehensive income/(loss):
Change in foreign currency translation, net of tax-566174Deterioration
Change in unrealized gains/losses on derivative instruments, net of tax:
Change in fair value of derivatives-143-50Deterioration 186.0
Adjustment for net (gains)/losses realized and included in net income634-105Recovery
Total change in unrealized gains/losses on derivative instruments491-155Recovery
Change in unrealized gains/losses on marketable debt securities, net of tax:
Change in fair value of marketable debt securities-2,3252,042Deterioration
Adjustment for net (gains)/losses realized and included in net income2928Up 3.6
Total change in unrealized gains/losses on marketable debt securities-2,2962,070Deterioration
Total other comprehensive income/(loss)-2,3712,089Deterioration
Total comprehensive income8,87813,650Down 35.0

BALANCE SHEET AS REPORTED (Q2/2020)

Description$US Million$US Million
Mar 28, 2020Sep 28, 2019Change %
ASSETS:
Current assets:
Cash and cash equivalents40,17448,844Down 17.8
Marketable securities53,87751,713Up 4.2
Accounts receivable, net15,72222,926Down 31.4
Inventories3,3344,106Down 18.8
Vendor non-trade receivables14,95522,878Down 34.6
Other current assets15,69112,352Up 27.0
Total current assets143,753162,819Down 11.7
Non-current assets:
Marketable securities98,793105,341Down 6.2
Property, plant and equipment, net35,88937,378Down 4.0
Other non-current assets41,96532,978Up 27.3
Total non-current assets176,647175,697Up 0.5
Total assets320,400338,516Down 5.4
LIABILITIES AND SHAREHOLDERS' EQUITY:
Current liabilities:
Accounts payable32,42146,236Down 29.9
Other current liabilities37,32437,720Down 1.0
Deferred revenue5,9285,522Up 7.4
Commercial paper and repurchase agreement10,0295,980Up 67.7
Term debt10,39210,260Up 1.3
Total current liabilities96,094105,718Down 9.1
Non-current liabilities:
Term debt89,08691,807Down 3.0
Other non-current liabilities56,79550,503Up 12.5
Total non-current liabilities145,881142,310Up 2.5
Total liabilities241,975248,028Down 2.4
Commitments and contingencies
Shareholders' equity:
Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 4,323,987 and 4,443,236 shares issued and outstanding, respectively48,03245,174Up 6.3
Retained earnings33,18245,898Down 27.7
Accumulated other comprehensive income/(loss)-2,789-584Deterioration 377.6
Total shareholders' equity78,42590,488Down 13.3
Total liabilities and shareholders' equity320,400338,516Down 5.4

CASH FLOW AS REPORTED (Q2/2020)

Description$US Million$US Million
Mar 28, 2020Mar 30, 2019Change %
Cash, cash equivalents and restricted cash, beginning balances50,22425,913Up 93.8
Operating activities:
Net income33,48531,526Up 6.2
Adjustments to reconcile net income to cash generated by operating activities:
Depreciation and amortization5,6026,435Down 12.9
Share-based compensation expense3,4073,073Up 10.9
Deferred income tax benefit-651-124Deterioration 425.0
Other-259-215Deterioration 20.5
Changes in operating assets and liabilities:
Accounts receivable, net7,2848,094Down 10.0
Inventories699-1,006Recovery
Vendor non-trade receivables7,92314,616Down 45.8
Other current and non-current assets-8,866-717Deterioration 1,136.5
Accounts payable-13,520-20,024Improved 32.5
Deferred revenue1,223-540Recovery
Other current and non-current liabilities7,500-3,273Recovery
Cash generated by operating activities43,82737,845Up 15.8
Investing activities:
Purchases of marketable securities-66,489-13,854Deterioration 379.9
Proceeds from maturities of marketable securities39,73816,880Up 135.4
Proceeds from sales of marketable securities27,76222,635Up 22.7
Payments for acquisition of property, plant and equipment-3,960-5,718Improved 30.7
Payments made in connection with business acquisitions, net-1,134-291Deterioration 289.7
Purchases of non-marketable securities-146-490Improved 70.2
Other-42630Deterioration
Cash generated by/(used in) investing activities-4,65519,192Deterioration
Financing activities:
Proceeds from issuance of common stock430390Up 10.3
Payments for taxes related to net share settlement of equity awards-1,566-1,427Deterioration 9.7
Payments for dividends and dividend equivalents-6,914-7,011Improved 1.4
Repurchases of common stock-39,280-32,498Deterioration 20.9
Proceeds from issuance of term debt, net2,210
Repayments of term debt-5,250-2,500Deterioration 110.0
Proceeds from/(Repayments of) commercial paper, net1,518-36Recovery
Proceeds from repurchase agreement2,556
Other-51-51Steady
Cash used in financing activities-46,347-43,133Deterioration 7.5
Increase/(Decrease) in cash, cash equivalents and restricted cash-7,17513,904Deterioration
Cash, cash equivalents and restricted cash, ending balances43,04939,817Up 8.1
Supplemental cash flow disclosure:
Cash paid for income taxes, net7,5059,497Down 21.0
Cash paid for interest1,6891,762Down 4.1

++ Annual Report (FY 2019): Key Parameters
Apple Net Profit down 7.2%
Release Date: December 19, 2019
Apple (NASDAQ:AAPL) reported net profit for the year-ended 28 September 2019 [FY2019] of $US55.3b, down 7.2% from $US59.5b in the previous year [FY2018]. Earnings per share (EPS) were down 0.3% from $US12.01 in FY2018 to $US11.97 in FY2019.

Major changes compared with previous year (FY2019 vs FY2018):
Favourable Changes:
- Total revenue to total assets up from 0.7 to 0.8
- Sales and marketing expenses to Sales down from 42% to 39.4%
- Current ratio up 36.3% from 1.1 to 1.5
- Total current assets to Total Assets up from 35.9% to 48.1%
- Total Liabilities to EBITDA of 3.8 compares favourably with the Joseph Piotroski benchmark of <5. However, it has deteriorated by 6.2% from the previous year's ratio of 3.5.
- Total Liabilities to Operating Cash Flow of 3.6 compares favourably with the Joseph Piotroski benchmark of <4. However, it has deteriorated by 6.9% from the previous year's ratio of 3.3.
Unfavourable Changes:
- Net profit down 7.2% from $US59.5b to $US55.3b
- Total revenue down 2% from $US265.6b to $US260.2b
- EBIT Margin down from 183.4% to 142.0%
- EBIT to total assets down from 19.9% to 19.4%
- Retained earnings to total assets down from 18.3% to 13.4%
- Total non-current assets to Total Assets down from 64.1% to 51.9%
- Long-term investments to Total Assets down from 46.7% to 31.1%
- Net tangible assets per share down 9.2% from $US21.43 to $US19.46
Note:
- EPS steady at $US11.97
- Tax expenses to Sales down from 33.6% to 22.6%
- Total liabilities to Total assets steady at 0.7
- Short-term investments to Total Assets up from 11% to 15.3%
- Current Debtors to Total Assets up from 13.4% to 13.5%

Year-on-year comparison of Performance Ratios [FY2019 vs FY2018]

September 28FY2019FY2018Change (%)
Return on Equity (%)61.155.6Up 9.9
Return on Assets (%) (Steady % from 16.3 to 16.3)16.316.3Steady
Total debt to net tangible assets (%)6.611.2Down 41.1
Total Liabilities to EBITDA3.83.5Up 6.2
Total Liabilities to Operating Cash Flow3.63.3Up 6.9
Total Liabilities/Total Assets (Up 2.8% from 0.71 to 0.73)0.70.7Up 2.8
Current Ratio1.51.1Up 36.3
Common Size Ratios by Assets %
Total non-current assets to Total Assets 51.9 64.1 Down 19.0
Total current assets to Total Assets 48.1 35.9 Up 33.9
Long-term investments to Total Assets 31.1 46.7 Down 33.4
Short-term investments to Total Assets 15.3 11.0 Up 38.5
Current Debtors to Total Assets 13.5 13.4 Up 0.8
Common Size Ratios by Sales %
Cost of Goods Sold to Sales 349.5 412.0 Down 15.2
Profit before tax to Sales 142.0 183.4 Down 22.6
Sales and marketing expenses to Sales 39.4 42.0 Down 6.3
Tax expenses to Sales 22.6 33.6 Down 32.8

Five-year record of growth and performance:
In the last 5 years Total Revenue averaged $US240.9B, EBITDA averaged $US67.3B and Net Profit averaged $US52.4B. Compound Annual Growth Rate (CAGR) averaged 7.3% for Total Revenue, 6.9% for Net Profit and 4.2% for EBITDA.

DescriptionAnnual ($US B)5-year Avg ($US B)5-year CAGR %
Total Revenue260.2240.97.3
EBITDA65.767.34.2
Operating Profit65.767.34.2
Net Profit55.352.46.9

++ Financial Results as reported (FY 2019)

10-K RESULTS OF OPERATIONS AND FINANCIAL CONDITION
(In $US Million, except per share data and shares outstanding)

INCOME STATEMENT AS REPORTED (FY 2019)

Description$US Million$US Million
Sep 28, 2019Sep 29, 2018Change %
Net sales:
Products213,883225,847Down 5.3
Services46,29139,748Up 16.5
Total net sales260,174265,595Down 2.0
Cost of sales:
Products144,996148,164Down 2.1
Services16,78615,592Up 7.7
Total cost of sales161,782163,756Down 1.2
Gross margin98,392101,839Down 3.4
Operating expenses:
Research and development16,21714,236Up 13.9
Selling general and administrative18,24516,705Up 9.2
Total operating expenses34,46230,941Up 11.4
Operating income63,93070,898Down 9.8
Other income/(expense) net1,8072,005Down 9.9
Income before provision for income taxes65,73772,903Down 9.8
Provision for income taxes10,48113,372Down 21.6
Net income55,25659,531Down 7.2
Earnings per share:
Basic$US11.97$US12.01Down 0.3
Diluted$US11.89$US11.91Down 0.2
Shares used in computing earnings per share:
Basic4,617,834,0004,955,377,000Down 6.8
Diluted4,648,913,0005,000,109,000Down 7.0

BALANCE SHEET AS REPORTED (FY 2019)

Description$US Million$US Million
Sep 28, 2019Sep 29, 2018Change %
ASSETS:
Current assets:
Cash and cash equivalents48,84425,913Up 88.5
Marketable securities51,71340,388Up 28.0
Accounts receivable net22,92623,186Down 1.1
Inventories4,1063,956Up 3.8
Vendor non-trade receivables22,87825,809Down 11.4
Other current assets12,35212,087Up 2.2
Total current assets162,819131,339Up 24.0
Non-current assets:
Marketable securities105,341170,799Down 38.3
Property plant and equipment net37,37841,304Down 9.5
Other non-current assets32,97822,283Up 48.0
Total non-current assets175,697234,386Down 25.0
Total assets338,516365,725Down 7.4
LIABILITIES AND SHAREHOLDERS' EQUITY:
Current liabilities:
Accounts payable46,23655,888Down 17.3
Other current liabilities37,72033,327Up 13.2
Deferred revenue5,5225,966Down 7.4
Commercial paper5,98011,964Down 50.0
Term debt10,2608,784Up 16.8
Total current liabilities105,718115,929Down 8.8
Non-current liabilities:
Term debt91,80793,735Down 2.1
Other non-current liabilities50,50348,914Up 3.2
Total non-current liabilities142,310142,649Down 0.2
Total liabilities248,028258,578Down 4.1
Commitments and contingencies
Shareholders' equity:
Common stock and additional paid-in capital 0.00001 par value: 12600000 shares authorized; 4443236 and 4754986 shares issued and outstanding respectively45,17440,201Up 12.4
Retained earnings45,89870,400Down 34.8
Accumulated other comprehensive income/(loss)-584-3,454Improved 83.1
Total shareholders' equity90,488107,147Down 15.5
Total liabilities and shareholders' equity338,516365,725Down 7.4

CASH FLOW AS REPORTED (FY 2019)

Description$US Million$US Million
Sep 28, 2019Sep 29, 2018Change %
Cash cash equivalents and restricted cash beginning balances25,91320,289Up 27.7
Operating activities:
Net income55,25659,531Down 7.2
Adjustments to reconcile net income to cash generated by operating activities:
Depreciation and amortization12,54710,903Up 15.1
Share-based compensation expense6,0685,340Up 13.6
Deferred income tax expense/(benefit)-340-32,590Improved 99.0
Other-652-444Deterioration 46.8
Changes in operating assets and liabilities:
Accounts receivable net245-5,322Recovery
Inventories-289828Deterioration
Vendor non-trade receivables2,931-8,010Recovery
Other current and non-current assets873-423Recovery
Accounts payable-1,9239,175Deterioration
Deferred revenue-625-3Deterioration 20,733.3
Other current and non-current liabilities-4,70038,449Deterioration
Cash generated by operating activities69,39177,434Down 10.4
Investing activities:
Purchases of marketable securities-39,630-71,356Improved 44.5
Proceeds from maturities of marketable securities40,10255,881Down 28.2
Proceeds from sales of marketable securities56,98847,838Up 19.1
Payments for acquisition of property plant and equipment-10,495-13,313Improved 21.2
Payments made in connection with business acquisitions net-624-721Improved 13.5
Purchases of non-marketable securities-1,001-1,871Improved 46.5
Proceeds from non-marketable securities1,634353Up 362.9
Other-1,078-745Deterioration 44.7
Cash generated by/(used in) investing activities45,89616,066Up 185.7
Financing activities:
Proceeds from issuance of common stock781669Up 16.7
Payments for taxes related to net share settlement of equity awards-2,817-2,527Deterioration 11.5
Payments for dividends and dividend equivalents-14,119-13,712Deterioration 3.0
Repurchases of common stock-66,897-72,738Improved 8.0
Proceeds from issuance of term debt net6,9636,969Down 0.1
Repayments of term debt-8,805-6,500Deterioration 35.5
Proceeds from/(Repayments of) commercial paper net-5,977-37Deterioration 16,054.1
Other-105
Cash used in financing activities-90,976-87,876Deterioration 3.5
Increase/(Decrease) in cash cash equivalents and restricted cash24,3115,624Up 332.3
Cash cash equivalents and restricted cash ending balances50,22425,913Up 93.8
Supplemental cash flow disclosure:
Cash paid for income taxes net15,26310,417Up 46.5
Cash paid for interest3,4233,022Up 13.3



+ Peer Group Analysis & Ranking
++ Global Peer Group (all figures in USD): Key Financials
In its Global Peer Group of 9 companies AAPL is ranked first by MCap, PV $1000 (1 yr), Revenue, Net Profit, Total Assets and second by Relative Str. (6 mo).

Name (Code)Relative Str. (6 mo)MCapPV $1000 (1 yr)RevenueNet ProfitTotal Assets
Rank of AAPL211111
Apple (AAPL)811,859.8B2,043.2260.2B55.3B338.5B
Samsung Electronics (A005930)63291.7B1,326.7192.8B18B295.1B
HP (HPQ)4124.7B883.958.8B3.2B33.5B
Zebra Technologies Class A (ZBRA)7715B1,312.74.5B544M4.7B
Seagate Technology (STX)3711.7B1,069.210.4B2B8.9B
Quanta Computer (2382)8810.8B1,506.935.1B543.8M21B
LG Corp. (A003550)5910.7B1,102.45.5B926.4M18.8B
LG Electronics (A066570)679.7B1,075.052.2B26.2M37.5B
NetApp (NTAP)399.5B794.55.4B819M7.5B
Global Peer Group: Relative Value Indicators
AAPL is ranked fourth by P/Book, fifth by Turnover Rate, eighth by P/E and ninth by P/S.

Name (Code)Country CodeLast PriceP/EP/SP/BookTurnover Rate (%)% Disc to 52-w HiRetention Ratio
Rank of AAPL8945
Apple (AAPL)USUSD425.0429.86.318.6144.83.875.7
Samsung Electronics (A005930)KRKRW58,100.018.41.51.458.86.866.5
HP (HPQ)USUSD17.308.40.4251.226.666.4
Zebra Technologies Class A (ZBRA)USUSD276.8428.73.3172.44.5
Seagate Technology (STX)USUSD44.656.61.114.2321.728.861.5
Quanta Computer (2382)TWTWD81.8020.40.32.345.81.2
LG Corp. (A003550)KRKRW74,000.01.931.27.7
LG Electronics (A066570)KRKRW70,700.026.20.2117.97.8
NetApp (NTAP)USUSD42.8612.01.8335.432.946.1

++ FAANG Peer Group (all figures in USD): Key Financials and Price Performance
In its FAANG Peer Group of 5 companies (Facebook, Apple, Amazon, Netflix and Alphabet's Google) AAPL is ranked first by MCap, PV$1000, Net Profit, Total Assets, second by Revenue and third by Relative Strength.

Name (Code)Relative Str.
(6 mo)
MCapPV $1000
(1 yr)
RevenueNet ProfitTotal Assets
Rank of AAPL311211
Apple (AAPL)811,859.8B2,043.2260.2B55.3B338.5B
Amazon (AMZN)921,575.4B1,695.3280.5B11.6B225.2B
Facebook (FB)77610.3B1,306.070.7B18.5B133.4B
Alphabet Class A (GOOGL)72446.2B1,221.4161.9B34.3B275.9B
Netflix (NFLX)88214.5B1,513.620.2B1.9B34B
FAANG Peer Group: Valuation Indicators
AAPL is ranked third by P/S, P/Book and fourth by Turnover Rate.

Name (Code)Country CodeLast PriceP/SP/BookTurnover Rate (%)% Disc to 52-w Hi
Rank of AAPL334
Apple (AAPL)USUSD425.046.318.6144.83.8
Amazon (AMZN)USUSD3,164.685.432.1146.98.7
Facebook (FB)USUSD253.677.77.8161.56.3
Alphabet Class A (GOOGL)USUSD1,487.952.82.6133.33.1
Netflix (NFLX)USUSD488.8810.628.1320.515.6

++ BuySellSignals Fundamentals Valuation Ranking: Apple vs NASDAQ Market
Out of 100 stocks in the NASDAQ Market, Apple is ranked first by Net Profit, third by Total Assets, third by Revenue and ninth by Free Cash Flow.

NASDAQ AvgAAPLRankRank 1Rank 2Rank 3Lowest Rank
Net Profit229.2 million55.3 B155.3 B AAPL39.2 B MSFT34.3 B GOOG(1.2 B) CZR
Total Assets USD6.1 B338.5 B3338.5 B AAPL286.6 B MSFT275.9 B GOOG1.3 B ZM
Revenue USD3.4 B260.2 B3280.5 B AMZN260.2 B AAPL161.9 B GOOGL60.2 M MRNA
Free Cash Flow35.5 million3.5 B99.5 B CMCSA5 B AVGO5 B AMGN
ROE (%)16.861.133 181.1 MAR-
Price/Net Tangible Assets7.7x20.6x371.1x EXC1.2x XEL1.6x MU-
P/Earnings30.97x32.95x438.3x EBAY8.7x INTC8.7x BIIB-
P/Sales2.7x6.9x490.1x AMAT0.3x WBA0.9x COST-
ROA (%)4.216.39333.03 VRSN32.6 TXN29.5 CDNS1.2 FISV
Total Debt/Equity (the lower the better)0.7x0.1x3820.01x ODFL0.02x INCY0.02x GOOG9.8x ORLY
Yield (%)0.80.76634.7 KHC4.5 WBA3.9 AVGO0.1 NVDA
Premium to 52-Wk Low (%)59.9123.3166610.02 INTC12.3 WBA17.4 GILD864.3 CZR
Discount to 52-Wk High (%)2.40.1220045.1 MAR35.1 WBA30.4 INTC0.01 CDNS
Negative values are shown in brackets.

++ Share in Index
Apple is a constituent of the following indices. Its market capitalisation accounts for 14.0% of the combined MCap of the The NASDAQ-100 Equal Weighted Index.

Index NameMCap of Index (USD B)MCap as % of Index
The NASDAQ-100 Equal Weighted Index13,242 14.0
NASDAQ-100 Index13,970 13.3
NASDAQ Global Select Market Composite Index15,802 11.8
NASDAQ Composite Index16,407 11.3

++ Global Rank [out of 47,735 stocks] and Rank of Apple in the American Region [out of 11,930 stocks]

DescriptionValueGlobal RankIn Am Region
Total Assets (US$)338.5B21387
Revenue (US$)260.2B267
Net Profit (US$)55.3B112
Return on Equity %61.1392150
Price to Book18.634,4975,769
Price/Earnings29.817,1662,490
Yield %0.818,6603,603
PV1000 (1Year) USD2,0433,777848
US$ Change (1Year) %80.93,724853

++ Rank of Apple in the NASDAQ-100 Index [out of 98 stocks] and in the Total NASDAQ Market [out of 2389 stocks]

DescriptionValueIn NASDAQ-100 IndexIn Total NASDAQ Market
Total Assets (USD)338.5B13
Revenue (USD)260.2B24
Net Profit (USD)55.3B11
Return on Equity %61.11233
Price to Book20.6411,680
Price/Earnings33.047836
Yield %0.744694
PV1000 (1Year) USD2,043814

++ Long-Term Fundamental Ranking: 3 out of 5 [5 is best]
Apple is ranked number 1 out of 4 listed computer integrated systems companies in the United States with a market capitalization of USD1,859.8 billion.

Stocks are scored on a set of parameters reflecting fundamental analytical tools involving valuation, size and financial performance. They are ranked according to the average values of those parameters. The highest ranking is 5 and the lowest ranking is 1.


+ Q1/2020 INSTITUTIONAL SHAREHOLDER ACTIVITY
++ Top 100 Institutional Shareholders of Apple as at March 31, 2020
As at March 31, 2020, 3126 Institutions held investments in Apple. Institutions had decreased their holdings to 57.55% of issued capital, down from 59.58% nine months ago. The top 100 institutional shareholders held 49.9% shares of Apple. The largest shareholder was Vanguard Group with 7.7% of Apple. The second largest shareholder was Blackrock with 6.3%.
*Note: Minimum Core Shareholding is computed on the basis of SEC filings over the last 12 quarters (3 years). A higher % of shareholding above the minimum core holding may be indicative of a potential positioning by the institution to overweight.


Institution (CIK)SharesHolding %Value $USDMinimum Core Holding*% Above Min Core Holding*
Vanguard Group (0000102909)336,728,6087.785.4 B329,323,4322.2
Blackrock (0001364742)274,684,5016.369.7 B274,684,5010
Berkshire Hathaway (0001067983)245,155,5665.662.2 B130,191,96088
State Street (0000093751)180,558,9544.145.8 B180,558,9540
FMR (0000315066)93,376,2332.123.7 B93,376,2330
Geode Capital Management (0001214717)64,178,5861.516.3 B54,337,77918.1
Price T Rowe Associates (0000080255)56,203,7621.314.3 B24,366,186131
Northern Trust (0000073124)53,859,6111.213.7 B53,859,6110
Bank of New York Mellon (0001390777)41,855,1800.9610.6 B11,051378,646
Bank of America (0000070858)38,902,1670.899.9 B38,902,1670
Morgan Stanley (0000895421)34,832,1840.88.8 B34,244,5781.7
JP Morgan Chase & Co (0000019617)31,588,0090.728 B30,097,1955.0
Nuveen Asset Management (0001521019)31,022,2810.717.9 B1,207,2592,470
Legal & General Group (0000764068)26,970,9690.626.8 B21,269,98626.8
Wellington Management Group (0000902219)26,941,5250.626.8 B13,859,65094
Goldman Sachs Group (0000886982)26,509,0580.616.7 B26,509,0580
Wells Fargo & Co (0000072971)21,746,1580.55.5 B21,746,1580
Schwab Charles Investment Management (0000884546)20,463,3400.475.2 B18,282,66311.9
Sumitomo Mitsui Trust Holdings (0001475365)19,839,6860.455 B15,494,59128.0
Henderson Group (0001274173)19,154,5610.444.9 B15,042,67527.3
Ameriprise Financial (0000820027)17,871,6170.414.5 B17,871,6170
UBS Global Asset Management Americas (0000861177)17,791,9880.414.5 B16,889,7935.3
Swiss National Bank (0001582202)17,300,3990.44.4 B14,299,59921.0
Dimensional Fund Advisors (0000354204)16,325,5300.374.1 B16,103,0441.4
Jennison Associates (0000053417)14,385,7970.333.6 B395,4013,538
Parametric Portfolio Associates (0000932859)14,233,8140.333.6 B11,629,60422.4
Fisher Asset Management (0000850529)14,016,2630.323.6 B10,558,60932.7
Royal Bank of Canada (0001000275)13,995,1470.323.5 B13,995,1470
UBS Group (0001610520)13,151,0460.33.3 B13,151,0460
Deutsche Bank (0000948046)12,336,2600.283.1 B12,336,2600
AllianceBernstein (0001109448)12,227,3300.283.1 B12,227,3300
New York State Common Retirement Fund (0000810265)10,760,9890.252.7 B10,760,9890
American Century Companies (0000748054)10,286,3920.242.6 B10,286,3920
California Public Employees Retirement System (0000919079)10,190,4980.232.6 B8,462,27820.4
Invesco (0000914208)10,091,5610.232.6 B8,972,77612.5
Clearbridge Investments (0001348883)9,363,8010.212.4 B6,481,07744.5
Manufacturers Life Insurance (0000928047)9,182,7440.212.3 B9,091,2491.0
Capital Research Global Investors (0001422848)8,842,3130.22.2 B5,289,54167
Credit Suisse (0000824468)8,494,5230.192.2 B6,923,02222.7
State Farm Mutual Automobile Insurance Co (0000315032)8,445,4270.192.1 B8,174,5633.3
California State Teachers Retirement System (0001081019)8,268,3550.192.1 B8,268,3550
Rhumbline Advisers (0001115418)7,566,7490.171.9 B7,566,7490
Franklin Resources (0000038777)7,356,4020.171.9 B7,356,4020
Principal Financial Group (0001126328)7,230,0850.171.8 B7,230,0850
Massachusetts Financial Services Co (0000912938)7,155,0070.161.8 B6,828,3204.8
Allianz Asset Management (0001535323)7,104,8370.161.8 B6,988,9651.7
Prudential Financial (0001137774)7,070,4260.161.8 B37,10818,954
Pioneer Investment Management (0001102598)7,033,6320.161.8 B6,922,1671.6
Bank of Montreal (0000927971)6,931,7050.161.8 B6,931,7050
PNC Financial Services Group (0000713676)6,823,1790.161.7 B6,823,1790
H & H International Investment (0001759760)6,657,6000.151.7 B2,699,400147
Barclays (0000312069)6,386,6780.151.6 B4,234,45751
Eaton Vance Management (0001076598)6,332,9630.141.6 B6,317,4040.25
New York State Teachers Retirement System (0000314969)6,115,1060.141.6 B6,115,1060
AQR Capital Management (0001167557)6,060,1020.141.5 B5,905,8572.6
Putnam Investments (0001421578)5,958,0340.141.5 B5,642,4075.6
General Re New England Asset Management (0001004244)5,725,0710.131.5 B4,238,67535.1
DZ BANK Deutsche Zentral Genossenschafts Bank (0001694217)5,618,9830.131.4 B2,171,587159
State Board of Administration of Florida Retirement System (0000938076)5,569,9210.131.4 B5,569,9210
D. E. Shaw & Co. (0001009207)5,411,3190.121.4 B3,187,87370
Ensign Peak Advisors (0001454984)5,363,5560.121.4 B5,361,8190.03
Raymond James (0001084208)5,250,6180.121.3 B4,583,85414.5
Neuberger Berman Group (0001465109)5,086,0140.121.3 B5,086,0140
Adage Capital Partners (0001165408)4,897,3990.111.2 B4,869,1990.58
HSBC Holdings (0000873630)4,767,9730.111.2 B3,970,32020.1
Mitsubishi UFJ Trust & Banking (0001462160)4,652,0910.111.2 B3,956,26217.6
Voya Investment Management (0001068837)4,637,1390.111.2 B4,637,1390
Nordea Investment Management Ab (0001218210)4,602,1270.111.2 B4,500,1602.3
Lazard Asset Management (0001207017)4,597,7460.111.2 B3,570,67728.8
Capital World Investors (0001422849)4,566,0600.11.2 B4,257,0017.3
Arrowstreet Capital (0001164508)4,526,4720.11.1 B41,42610,827
Swedbank (0001633050)4,432,8050.11.1 B4,209,1965.3
Cresset Asset Management (0001761013)4,412,1140.11.1 B3,542,57424.5
Fayez Sarofim & Co (0000937729)4,389,0050.11.1 B4,389,0050
Citigroup (0000831001)4,354,8380.11.1 B3,183,10336.8
Chevy Chase Trust Holdings (0001462020)4,196,7850.11.1 B4,163,4010.8
Korea Investment (0001441689)3,998,9050.091 B3,415,72017.1
Waddell & Reed (0001052100)3,847,1260.09975.6 M3,847,1260
State of Wisconsin Investment Board (0000854157)3,776,0850.09957.6 M3,776,0850
Great West Life Assurance Co (0001046192)3,753,2680.09951.8 M3,348,40412.1
Aperio Group (0001364615)3,717,6060.08942.8 M2,900,81728.2
Victory Capital Management (0001040188)3,716,7520.08942.6 M284,2221,208
Standard Life Aberdeen (0001716774)3,669,2980.08930.5 M3,669,2980
Atlantic Trust Group (0001298088)3,646,5880.08924.8 M2,673,14936.4
Winslow Capital Management (0000900973)3,586,6850.08909.6 M418,747,912
Los Angeles Capital Management & Equity Research (0001177206)3,506,0070.08889.1 M3,506,0070
TD Asset Management (0001056053)3,483,8410.08883.5 M2,657,43231.1
Stifel Financial (0000720672)3,462,2440.08878 M41,9128,161
FIL (0000318989)3,436,4710.08871.5 M2,554,05834.5
BNP Paribas Arbitrage (0001166588)3,337,3410.08846.4 M943,941254
U.S. Bancorp (DE) (0000036104)3,310,2860.08839.5 M3,310,2860
Baird Financial Group (0001648711)3,265,7170.07828.2 M1,815,91480
Schroder Investment Management Group (0001086619)3,176,2680.07805.5 M226,9731,299
Robeco Institutional Asset Management (0001418773)3,169,2330.07803.7 M1,468,358116
Public Employees Retirement Association of Colorado (0000315297)2,987,5880.07757.7 M2,987,5880
First Manhattan Co. (0000728083)2,846,9760.07722 M2,846,9760
Pictet Asset Management (0001291274)2,784,2730.06706.1 M2,683,5603.8
First Republic Investment Management (0001418204)2,755,0740.06698.7 M2,395,36615.0
Russell Investments Group (0001692234)2,688,4550.06681.8 M2,688,4550
Bessemer Group (0001054074)2,675,1680.06678.4 M2,261,84318.3
Held by Top 1002,181,570,52949.89553.3 billion - -

++ Major Increases in Top 100 institutional shareholders March 31, 2020 vs December 31, 2019
Vanguard Group increased their shareholding in Apple by 7.4 million shares worth USD 2.1 billion. Price T Rowe Associates increased their shareholding by 4.4 million shares worth USD 1.3 billion.

Institution (CIK)Increase in SharesIncrease Value, $USD
Vanguard Group (0000102909)7,405,1762.1 B
Price T Rowe Associates (0000080255)4,424,2851.3 B
Wellington Management Group (0000902219)4,148,5651.2 B
H & H International Investment (0001759760)3,410,600965.9 M
Swiss National Bank (0001582202)3,000,800849.9 M
Capital Research Global Investors (0001422848)1,997,259565.7 M
Henderson Group (0001274173)1,957,257554.3 M
Geode Capital Management (0001214717)1,696,496480.5 M
JP Morgan Chase & Co (0000019617)1,490,814422.2 M
D. E. Shaw & Co. (0001009207)1,238,752350.8 M
Invesco (0000914208)1,118,785316.9 M
Sumitomo Mitsui Trust Holdings (0001475365)1,100,533311.7 M
UBS Global Asset Management Americas (0000861177)748,782212.1 M
Clearbridge Investments (0001348883)620,393175.7 M
TD Asset Management (0001056053)468,501132.7 M
Lazard Asset Management (0001207017)419,267118.7 M
Great West Life Assurance Co (0001046192)404,864114.7 M
Jennison Associates (0000053417)345,80397.9 M
Korea Investment (0001441689)245,85469.6 M
HSBC Holdings (0000873630)226,39864.1 M
Mitsubishi UFJ Trust & Banking (0001462160)185,64952.6 M
AQR Capital Management (0001167557)154,24543.7 M
Parametric Portfolio Associates (0000932859)131,07637.1 M
Allianz Asset Management (0001535323)115,87232.8 M
Manufacturers Life Insurance (0000928047)91,49525.9 M
Aperio Group (0001364615)77,93622.1 M
Nordea Investment Management Ab (0001218210)38,74611 M
Adage Capital Partners (0001165408)28,2008 M
Cresset Asset Management (0001761013)22,9786.5 M
Eaton Vance Management (0001076598)15,5594.4 M
Schwab Charles Investment Management (0000884546)12,5173.5 M
Ensign Peak Advisors (0001454984)1,737491,944
Total37,345,194

++ Major Decreases in Top 100 institutional shareholders March 31, 2020 vs December 31, 2019
Goldman Sachs Group reduced their shareholding in Apple by 4.9 million shares worth USD 1.4 billion. Bank of America reduced their shareholding by 3.6 million shares worth USD 1 billion.

Institution (CIK)Decrease in SharesDecrease Value, $USD
Goldman Sachs Group (0000886982)4,856,911(1.4 B)
Bank of America (0000070858)3,597,799(1 B)
Blackrock (0001364742)3,086,069(874 M)
Barclays (0000312069)3,074,915(870.9 M)
FMR (0000315066)2,966,039(840 M)
UBS Group (0001610520)2,720,401(770.5 M)
State Street (0000093751)2,295,827(650.2 M)
Royal Bank of Canada (0001000275)1,928,954(546.3 M)
Bank of Montreal (0000927971)1,854,704(525.3 M)
Deutsche Bank (0000948046)1,617,523(458.1 M)
Morgan Stanley (0000895421)1,595,606(451.9 M)
Pioneer Investment Management (0001102598)1,498,672(424.4 M)
AllianceBernstein (0001109448)1,391,979(394.2 M)
Prudential Financial (0001137774)1,274,539(361 M)
FIL (0000318989)1,211,248(343 M)
Northern Trust (0000073124)1,172,528(332.1 M)
DZ BANK Deutsche Zentral Genossenschafts Bank (0001694217)710,404(201.2 M)
Legal & General Group (0000764068)654,474(185.4 M)
State of Wisconsin Investment Board (0000854157)627,969(177.9 M)
Wells Fargo & Co (0000072971)624,839(177 M)
Swedbank (0001633050)597,922(169.3 M)
Putnam Investments (0001421578)589,992(167.1 M)
California State Teachers Retirement System (0001081019)587,053(166.3 M)
Ameriprise Financial (0000820027)544,195(154.1 M)
California Public Employees Retirement System (0000919079)521,925(147.8 M)
Dimensional Fund Advisors (0000354204)451,201(127.8 M)
Los Angeles Capital Management & Equity Research (0001177206)448,687(127.1 M)
Stifel Financial (0000720672)432,288(122.4 M)
Atlantic Trust Group (0001298088)349,628(99 M)
Victory Capital Management (0001040188)340,370(96.4 M)
State Board of Administration of Florida Retirement System (0000938076)282,376(80 M)
Principal Financial Group (0001126328)249,270(70.6 M)
Franklin Resources (0000038777)248,926(70.5 M)
Baird Financial Group (0001648711)246,524(69.8 M)
Rhumbline Advisers (0001115418)239,846(67.9 M)
Waddell & Reed (0001052100)207,396(58.7 M)
New York State Teachers Retirement System (0000314969)188,200(53.3 M)
Standard Life Aberdeen (0001716774)159,412(45.1 M)
PNC Financial Services Group (0000713676)144,060(40.8 M)
Voya Investment Management (0001068837)128,347(36.3 M)
New York State Common Retirement Fund (0000810265)115,524(32.7 M)
Capital World Investors (0001422849)112,923(32 M)
Winslow Capital Management (0000900973)111,718(31.6 M)
Fayez Sarofim & Co (0000937729)110,685(31.3 M)
Russell Investments Group (0001692234)71,037(20.1 M)
Bank of New York Mellon (0001390777)64,942(18.4 M)
First Manhattan Co. (0000728083)50,813(14.4 M)
Schroder Investment Management Group (0001086619)49,341(14 M)
Massachusetts Financial Services Co (0000912938)32,659(9.2 M)
U.S. Bancorp (DE) (0000036104)15,091(4.3 M)
Public Employees Retirement Association of Colorado (0000315297)6,839(1.9 M)
General Re New England Asset Management (0001004244)1,000(283,215)
Total46,461,590

++ New Entrants in Top 100 institutional shareholders as at March 31, 2020

Institution (CIK)SharesValue, $USD
Nuveen Asset Management (0001521019)31,022,2817.9 B
Fisher Asset Management (0000850529)14,016,2633.6 B
American Century Companies (0000748054)10,286,3922.6 B
Credit Suisse (0000824468)8,494,5232.2 B
State Farm Mutual Automobile Insurance Co (0000315032)8,445,4272.1 B
Raymond James (0001084208)5,250,6181.3 B
Neuberger Berman Group (0001465109)5,086,0141.3 B
Arrowstreet Capital (0001164508)4,526,4721.1 B
Citigroup (0000831001)4,354,8381.1 B
Chevy Chase Trust Holdings (0001462020)4,196,7851.1 B
BNP Paribas Arbitrage (0001166588)3,337,341846.4 M
Robeco Institutional Asset Management (0001418773)3,169,233803.7 M
Pictet Asset Management (0001291274)2,784,273706.1 M
First Republic Investment Management (0001418204)2,755,074698.7 M
Bessemer Group (0001054074)2,675,168678.4 M
Total110,400,702

++ Drop Outs from Top 100 institutional shareholders as at March 31, 2020

Institution (CIK)SharesValue, $USD
Toronto Dominion Bank (0000947263)2,658,537674.2 M
STRS Ohio (0000820478)2,654,754673.3 M
Public Employees Retirement System Of Ohio (0001007280)2,375,906602.5 M
Capital International Investors (0001562230)2,255,464572 M
The Wellcome Trust Limited (0001026720)2,000,000507.2 M
Assenagon Asset Management S.A. (0001546007)301,70876.5 M
Johanson Financial Advisors, Inc. (0001665589)56,63514.4 M
BI Asset Management Fondsmaeglerselskab A/S (0001778131)7,4461.9 M
Magellan Asset Management Ltd (0001536105)1,113282,261
Total12,311,563


+ News Archives (Jun 2019 - Apr 2020)
++ Dividends
January 31: Apple quarterly dividends steady
Apple today announced a quarterly dividend of 77.0c per share for Q1/2020; unchanged from the previous quarter (Q4/2019) dividend of 77.0c. The ex-dividend date is Friday, February 07, 2020 and the record date is Monday, February 10, 2020 and it is payable on Thursday, February 13. Total dividends per share paid in the 12 months ended January 31 were US$3.04. This reflects actual dividend yield of 0.9% at the last price of US$323.87.

November 04 2019: Apple announces dividend
Apple today announced a quarterly dividend of 77.0c per share. The ex dividend date is Thursday, November 07, 2019 and the record date is Monday, November 11, 2019 and it is payable on Thursday, November 14.

August 02 2019: Apple announces dividend
Apple today announced a quarterly dividend of 77.0c per share. The ex dividend date is Friday, August 09, 2019 and the record date is Monday, August 12, 2019 and it is payable on Thursday, August 15.

++ Press Releases
April 30: Apple Reports Second Quarter Results
Apple today announced financial results for its fiscal 2020 second quarter ended March 28, 2020. The Company posted quarterly revenue of $58.3 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.55, up 4 percent. International sales accounted for 62 percent of the quarter's revenue.
Source: Company Website

April 30: Apple Reports Second Quarter Results
CUPERTINO, California - April 30, 2020 - Apple(Registered) today announced financial results for its fiscal 2020 second quarter ended March 28, 2020. The Company posted quarterly revenue of $58.3 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.55, up 4 percent. International sales accounted for 62 percent of the quarter's revenue.
"Despite COVID-19's unprecedented global impact, we're proud to report that Apple grew for the quarter, driven by an all-time record in Services and a quarterly record for Wearables," said Tim Cook, Apple's CEO. "In this difficult environment, our users are depending on Apple products in renewed ways to stay connected, informed, creative, and productive. We feel motivated and inspired to not only keep meeting these needs in innovative ways, but to continue giving back to support the global response, from the tens of millions of face masks and custom-built face shields we've sent to medical professionals around the world, to the millions we've donated to organizations like Global Citizen and America's Food Fund."
Source: SEC

April 21: Apple Services now available in more countries around the world
Apple announced that starting today, even more customers around the world can enjoy many of Apple's most popular Services. The App Store, Apple Arcade, Apple Music, Apple Podcasts, and iCloud are now available in 20 more countries, and Apple Music is available in 52 additional countries.
Source: Company Website

April 14: Apple makes mobility data available to aid COVID-19 efforts
Apple today released a mobility data trends tool from Apple Maps to support the impactful work happening around the globe to mitigate the spread of COVID-19. This mobility data may provide helpful insights to local governments and health authorities and may also be used as a foundation for new public policies by showing the change in volume of people driving, walking or taking public transit in their communities. To learn more about COVID-19 mobility trends, visit apple.com/covid19/mobility.
Source: Company Website

April 10: Apple and Google partner on COVID-19 contact tracing technology
Across the world, governments and health authorities are working together to find solutions to the COVID-19 pandemic, to protect people and get society back up and running. Software developers are contributing by crafting technical tools to help combat the virus and save lives. In this spirit of collaboration, Google and Apple are announcing a joint effort to enable the use of Bluetooth technology to help governments and health agencies reduce the spread of the virus, with user privacy and security central to the design.
Source: Company Website

March 27: Apple releases new COVID-19 app and website based on CDC guidance
Apple today released a new screening tool and set of resources to help people stay informed and take the proper steps to protect their health during the spread of COVID-19, based on the latest CDC guidance. The new COVID-19 website, and COVID-19 app available on the App Store, were created in partnership with the CDC,1 the White House Coronavirus Task Force and FEMA to make it easy for people across the country to get trusted information and guidance at a time when the US is feeling the heavy burden of COVID-19.
Source: Company Website

March 18: Apple unveils new iPad Pro with breakthrough LiDAR Scanner and brings trackpad support to iPadOS
Apple today announced its most advanced iPad Pro. Now with the A12Z Bionic chip, iPad Pro is faster and more powerful than most Windows PC laptops. The new iPad Pro adds an Ultra Wide camera, studio-quality mics and a breakthrough LiDAR Scanner that delivers cutting-edge depth-sensing capabilities, opening up more pro workflows and supporting pro photo and video apps. The LiDAR Scanner, along with pro cameras, motion sensors, pro performance, pro audio, the stunning Liquid Retina display and powerful apps, extends the lead of iPad Pro as the world's best device for augmented reality (AR). The new iPad Pro is available to order starting today on apple.com.
Source: Company Website

March 13: Apple's COVID-19 response
The global spread of COVID-19 is affecting every one of us. At Apple, we are people first, and we do what we do with the belief that technology can change lives and the hope that it can be a valuable tool in a moment like this. Teachers are innovating to make remote lessons come alive. Companies are experimenting with new ways to stay productive. And medical experts can diagnose illnesses and reach millions with critical updates in the blink of an eye. We are all adapting and responding in our own way, and Apple wants to continue to play a role in helping individuals and communities emerge stronger.
Source: Company Website

March 03: Apple reveals the best Night mode photos shot on iPhone
iPhone photographers around the world answered the call to participate in the Night mode photo challenge, sharing their captivating Night mode images shot on iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max. A curated panel of judges selected six winning photos from thousands of submissions worldwide. The winning images will be featured in a gallery on apple.com and Apple Instagram (@apple) and will appear globally on billboards.
Source: Company Website

March 02: Apple launches "She Creates" in stores around the world
Apple Celebrates International Women's Day with a Special Today at Apple Series, Editorial Collections on the Apple TV App, Apple Podcasts, and Apple Books, Features on the App Store, and an Apple Watch Activity Challenge
Source: Company Website

February 17: Apple: Investor update on quarterly guidance
Cupertino, California - February17, 2020 - As the public health response to COVID-19 continues, our thoughts remain with the communities and individuals most deeply affected by the disease, and with those working around the clock to contain its spread and to treat the ill.Apple is more than doubling our previously announced donation to support this historic public health effort.
Our quarterly guidance issued on January 28, 2020reflected the best information available at the time as well as our best estimates about the pace of return to work following the end of the extended Chinese New Year holiday on February 10. Work is starting to resume around the country, but we areexperiencing a slower return to normal conditions than we had anticipated. As a result, we do not expect to meet the revenue guidance we provided for the March quarter due to two main factors.
Source: SEC

February 03: Apple News launches special coverage of the 2020 presidential election
Apple today introduced special coverage of the 2020 US presidential election, curated by Apple News and featuring reliable news, information and data throughout the election from dozens of trusted news sources. Apple News 2020 election coverage is the most comprehensive resource available, with reporting and analysis from ABC News, CBS News, CNN, FiveThirtyEight, Fox News, NBC News, ProPublica, Reuters, The Los Angeles Times, The New York Times, The Wall Street Journal, The Washington Post, TIME, USA Today and others.
Source: Company Website

January 30: Apple delivers a new redesigned Maps for all users in the United States
New Apple Maps Designed with Better Road Coverage and Pedestrian Data, More Precise Addresses, and Detailed Land Cover
Source: Company Website

January 29: Apple Reports Record First Quarter Results
Apple(Registered) today announced financial results for its fiscal 2020 first quarter ended December 28, 2019. The Company posted quarterly revenue of $91.8 billion, an increase of 9 percent from the year-ago quarter and an all-time record, and quarterly earnings per diluted share of $4.99, up 19 percent, also an all-time record. International sales accounted for 61 percent of the quarter's revenue.
"We are thrilled to report Apple's highest quarterly revenue ever, fueled by strong demand for our iPhone 11 and iPhone 11 Pro models, and all-time records for Services and Wearables," said Tim Cook, Apple's CEO. "During the holiday quarter our active installed base of devices grew in each of our geographic segments and has now reached over 1.5 billion. We see this as a powerful testament to the satisfaction, engagement and loyalty of our customers - and a great driver of our growth across the board."
Source: SEC

January 28: Apple Reports Record First Quarter Results
Apple today announced financial results for its fiscal 2020 first quarter ended December 28, 2019. The Company posted quarterly revenue of $91.8 billion, an increase of 9 percent from the year-ago quarter and an all-time record, and quarterly earnings per diluted share of $4.99, up 19 percent, also an all-time record. International sales accounted for 61 percent of the quarter's revenue.
Source: Company Website

January 27: Apple's critically acclaimed anthology series "Little America" now streaming exclusively on Apple TV+
Apple's highly anticipated and critically acclaimed new anthology series "Little America" is now streaming exclusively on Apple TV+ around the world. "Little America" goes beyond the headlines to bring to life the funny, romantic, heartfelt and surprising stories of immigrants in America. Launched just over two months ago, Apple TV+ is the latest to join Apple's lineup of Services offerings, which includes Apple Arcade, Apple News+, Apple Card, the App Store, Apple Music, iCloud and more.
Source: Company Website

January 08: Apple rings in new era of Services following landmark year
Apple has marked the close of a historic 2019 for its Services offerings, a year that introduced Apple Arcade, Apple TV+, Apple News+ and Apple Card, and celebrated the continued success of the App Store, Apple Music, iCloud and more experiences only Apple can create and deliver. Apple provides customers with the highest-quality services along with an unparalleled commitment to privacy and security, and offers creators and developers the opportunity to bring their creative visions to people around the world.
Source: Company Website

October 31 2019: Apple Reports Fourth Quarter Results
Apple(Registered) today announced financial results for its fiscal 2019 fourth quarter ended September 28, 2019. The Company posted quarterly revenue of $64 billion, an increase of 2 percent from the year-ago quarter, and quarterly earnings per diluted share of $3.03, up 4 percent. International sales accounted for 60 percent of the quarter's revenue.
Source: SEC

September 12 2019: Apple: Underwriting Agreement
AppleInc., a California corporation (the "Company"), proposes, subject to the terms and conditions stated in this agreement (this "Agreement"), to issue and sell to the Underwriters named in Schedule I hereto (the"Underwriters") $1,000,000,000 aggregate principal amount of the Company's 1.700% notes due 2022 (the "2022 Notes"), $750,000,000 aggregate principal amount of the Company's 1.800% Notes due 2024 (the"2024 Notes"), $2,000,000,000 aggregate principal amount of the Company's 2.050% Notes due 2026 (the "2026 Notes"), $1,750,000,000 aggregate principal amount of the Company's 2.200% Notes due 2029 (the"2029 Notes") and $1,500,000,000 aggregate principal amount of the Company's 2.950% Notes due 2049 (the "2049 Notes", and together with the 2022 Notes, the 2024 Notes, the 2026 Notes and the 2029 Notes, the"Securities").
Source: SEC

September 11 2019: Apple Arcade Invites You to Play Something Extraordinary
Cupertino, California - Apple today announced that Apple Arcade will be available on the App Store on Thursday, September 19 with iOS 13, offering an all-new way to enjoy games without limits. With a subscription to Apple Arcade for INR 99 per month, users get unlimited access to the entire catalog of over 100 new, exclusive games, all playable across iPhone, iPad, iPod touch, Mac and Apple TV. Apple Arcade is launching with a one-month free trial, and users will not find the games on any other mobile platform or subscription service. Apple Arcade games can all be played offline, and a single subscription includes access for up to six family members with Family Sharing. The catalog will exceed 100 games in the coming weeks as new titles are introduced, with more games to come every month. Apple Arcade will be available on September 30 on iPadOS and tvOS 13 and in October on macOS Catalina.
Source: Company Website

September 10 2019: Apple Introduces Dual Camera iPhone 11
Featuring the Fastest, Most Powerful Chip Ever in a Smartphone, Plus an All-New Dual-Camera System and Even Longer All-Day Battery Life
CUPERTINO, Calif.----Apple today announced iPhone 11, delivering innovations that make the world's most popular smartphone even more powerful, improving the features people use the most throughout their day.1 iPhone 11 introduces a powerful dual-camera system, offering an intuitive camera experience with the highest quality video in a smartphone and Night mode for photos. iPhone 11 is powered by the A13 Bionic chip to perform the most demanding tasks, while getting through an entire day on a single charge, and is designed to withstand the elements with improved water resistance.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190910006027/en/
Source: Nasdaq Stock Exchange

September 10 2019: iPhone 11 Pro and iPhone 11 Pro Max: the Most Powerful and Advanced Smartphones
Featuring a Stunning Pro Display, A13 Bionic, Cutting-Edge Pro Camera System and Longest Battery Life Ever in iPhone with iPhone 11 Pro Max
CUPERTINO, Calif.----Apple today announced iPhone 11 Pro and iPhone 11 Pro Max, a new pro line for iPhone that delivers advanced performance for users who want the very best smartphone. The new Super Retina XDR display is a pro display with the brightest display ever in an iPhone. The powerful Apple-designed A13 Bionic chip provides unparalleled performance for every task while enabling an unprecedented leap in battery life to easily get through the day. A new triple-camera system provides a pro-level camera experience with an Ultra Wide, Wide and Telephoto camera, delivering huge improvements to low-light photography and offering the highest quality video in a smartphone that is great for shooting action videos.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190910006026/en/
Source: Nasdaq Stock Exchange

September 10 2019: Apple Unveils Apple Watch Series 5
Featuring an Always-On Retina Display, Built-in Compass and International Emergency Calling
CUPERTINO, Calif.----Apple today announced Apple Watch Series 5, debuting an Always-On Retina display that never sleeps, so it's easy to see the time and other important information, without raising or tapping the display. New location features, from a built-in compass to current elevation, help users better navigate their day, while international emergency calling1 allows customers to call emergency services directly from Apple Watch in over 150 countries, even without iPhone nearby. Apple Watch Series 5 is available in a wider range of materials, including aluminum, stainless steel, ceramic and an all-new titanium. Combined with the power of watchOS 6, users are empowered to take charge of their health and fitness with new features like Cycle Tracking, the Noise app and Activity Trends.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190910005993/en/
Source: Nasdaq Stock Exchange

September 10 2019: Apple TV+ Launches November 1, Featuring Originals from the World's Greatest Storytellers
Available on the Apple TV App Worldwide, Apple TV+ Will Be $4.99 per Month
CUPERTINO, Calif.----Apple today announced Apple TV+, the first all-original video subscription service and home for today's most imaginative storytellers, will launch November 1 in over 100 countries and regions. Apple TV+ will offer a powerful and inspiring lineup of original shows, movies and documentaries, including "The Morning Show," "Dickinson," "See," "For All Mankind" and "The Elephant Queen." The service will be available on the Apple TV app on iPhone, iPad, Apple TV, iPod touch, Mac and other platforms, including online at https://tv.apple.com, for $4.99 per month with a seven-day free trial. Starting today, customers who purchase any iPhone, iPad, Apple TV, iPod touch or Mac can enjoy one year of Apple TV+ for free. Through Family Sharing, up to six family members can share one Apple TV+ subscription.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190910005972/en/
Source: Nasdaq Stock Exchange

August 29 2019: Apple Offers Customers Even More Options for Safe, Reliable Repairs
New Independent Repair Provider Program Expands Genuine Parts Access to More Repair Businesses
CUPERTINO, Calif.----Apple today announced a new repair program, offering customers additional options for the most common out-of-warranty iPhone repairs. Apple will provide more independent repair businesses - large or small - with the same genuine parts, tools, training, repair manuals and diagnostics as its Apple Authorized Service Providers (AASPs). The program is launching in the US with plans to expand to other countries.
"To better meet our customers' needs, we're making it easier for independent providers across the US to tap into the same resources as our Apple Authorized Service Provider network," said Jeff Williams, Apple's chief operating officer. "When a repair is needed, a customer should have confidence the repair is done right. We believe the safest and most reliable repair is one handled by a trained technician using genuine parts that have been properly engineered and rigorously tested."
Source: Nasdaq Stock Exchange

August 08 2019: Lilly, Evidation Health and Apple Study Shows Personal Digital Devices May Help in the Identification of Mild Cognitive Impairment and Mild Alzheimer's Disease Dementia
INDIANAPOLIS, Aug. 8, 2019 -- Initial results from a feasibility study conducted by Eli Lilly and Company (NYSE:LLY), Evidation Health, and Apple Inc. (NASDAQ:AAPL) showed that an iPhone, Apple Watch, iPad and the Beddit sleep monitoring device, in combination with digital apps may be able to differentiate people with mild cognitive impairment (MCI) and mild Alzheimer's disease dementia.1 The exploratory results were presented today at the Association for Computing Machinery's KDD conference in Anchorage, and are published on the conference website as one of the top papers of the conference.
"Over the past few years, we've seen how data and insights derived from wearables and mobile consumer devices have enabled people living with health conditions, along with their clinicians, to better monitor their health," said Nikki Marinsek, Ph.D., a first author and data scientist at Evidation Health. "We know that insights from smart devices and digital applications can lead to improved health outcomes, but we don't yet know how those resources can be used to identify and accelerate diagnoses. The results of the trial set the groundwork for future research that may be able to help identify people with neurodegenerative conditions earlier than ever before."
"Lilly has been leading the fight against Alzheimer's disease for more than 30 years, and we're broadening the application of digital health to identify tools that may improve the lives of people with chronic conditions and diseases," said Divakar Ramakrishnan, Ph.D., Lilly's chief digital officer. "While further research is needed, the study findings provide important insight into the potential benefits of wearable devices in identifying chronic health conditions such as MCI, Alzheimer's disease, and dementia. These findings could inform subsequent research that may eventually lead to early screening or detection tools for neurodegenerative conditions."

August 02 2019: Financialbuzz.com: 'Market Recap' Week Ending August 2nd, 2019
NEW YORK, Aug. 2, 2019 -- U.S. markets remained flat during the beginning of the week due to a mixture of corporate earnings and the Federal Reserve's rate cut decision. On Monday, markets ended slightly lower mainly due to the ongoing U.S.-China trade war and corporate quarterly financial results. U.S. President Donald Trump pressured China to reach an agreement as quickly as possible and threatened that if a deal isn't reached soon and if he is re-elected again, the terms of the agreement will be tougher. Despite Monday's slip, markets quickly recovered on Tuesday as investors honed in on the Fed's decisions. On Wednesday, markets got a boost early on from Apple's better-than-expected quarterly financial results. However, markets then began to retreat shortly after as the Fed was expected to deliver its announcement in the afternoon. U.S. markets spiraled downward after the Fed announced a rate cut, which many investors and analysts expected. However, the Fed hinted that it is in no rush to deliver further easing, according to MarketWatch. Many investors described Powell's decision as a "hawkish cut," but Powell described the cut "as a mid-cycle adjustment, and markets are worried that means there isn't much more easing coming," according to Kit Juckes, Global Head of FX Strategy at Societe Generale. The Dow Jones Industrial Average fell by as much as 500 points while Federal Reserve Chairman Jerome Powell was delivering his announcement during a press conference. Despite the pullback on Wednesday, markets quickly recovered again on Thursday as the Dow Jones rose by as much as 300 points. However, the market quickly turned once again in the late afternoon after Trump announced he would impose an additional 10% tariff on USD 300 Billion worth of Chinese goods starting on September 1st.

July 31 2019: Apple Offers New Augmented Reality Art Sessions
Apple(Registered) today opened registration for a series of new art-based Today at Apple(Registered) augmented reality (AR) experiences, called [AR]T, offered at Apple Stores around the world. The three new sessions include an interactive walk featuring works by some of the world's premier contemporary artists, an in-store session that teaches the basics of creating AR using Swift Playgrounds(TradeMark) and an AR art installation viewable in every Apple Store(Registered) worldwide.
Nasdaq Stock Exchange

July 31 2019: Apple: Results of Operations and Financial Condition
On July 30, 2019, Apple Inc. ("Apple") issued a press release regarding Apple's financial results for its third fiscal quarter ended June 29, 2019. A copy of Apple's press release is attached hereto as Exhibit 99.1. 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.
Source: SEC

July 31 2019: Apple: Results of Operations and Financial Condition
On July 30, 2019, Apple Inc. ("Apple") issued a press release regarding Apple's financial results for its third fiscal quarter ended June 29, 2019. A copy of Apple's press release is attached hereto as Exhibit 99.1. 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.
Source: SEC

July 30 2019: Apple Reports Third Quarter Results
Company Revenue Sets June Quarter Record
Services Revenue Reaches New All-Time High
CUPERTINO, Calif.----Apple today announced financial results for its fiscal 2019 third quarter ended June 29, 2019. The Company posted quarterly revenue of $53.8 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.18, down 7 percent. International sales accounted for 59 percent of the quarter's revenue.
Source: Nasdaq Stock Exchange

July 30 2019: LG Rolls Out Apple AirPlay 2 In U.S. On 2019 LG OLED, LG NanoCell 4K UHD TVs
ENGLEWOOD CLIFFS, N.J., July 30, 2019 -- LG Electronics USA announced that Apple AirPlay 2 and HomeKit are now available through a firmware update on select LG OLED and NanoCell* 4K UHD TVs with ThinQ AI capability in the United States. LG is the first global TV manufacturer to support HomeKit. The remaining 4K UHD TV series in LG's lineup are expected to also receive this update later in 2019.
With AirPlay 2, LG 2019 AI TV owners can effortlessly stream content - including Dolby Vision titles - from iPhone, iPad and Mac straight to their TV sets. Users can stream their favorite movies and television shows from the Apple TV app and other video apps as well as view photos directly on their LG AI TVs. Users can also play Apple Podcasts, Apple Music and music from their library or other streaming services through their LG AI TV and other AirPlay 2-compatible speakers in their home at the same time - all in sync.
Source: Nasdaq Stock Exchange

July 09 2019: Apple: MacBook Air and MacBook Pro Updated for Back-to-School Season
CUPERTINO, Calif.--- Apple(Registered) today updated MacBook Air(Registered), adding True Tone(Registered) to its Retina(Registered) display for a more natural viewing experience, and lowering the price to $1,099, with an even lower price of $999 for college students. In addition, the entry-level $1,299 13-inch MacBook Pro(Registered) has been updated with the latest 8th-generation quad-core processors, making it two times more powerful than before. It also now features Touch Bar(TradeMark) and Touch ID(Registered), a True Tone Retina display and the Apple T2 Security Chip, and is available for $1,199 for college students.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190709005132/en/
MacBook Air today starts at a lower price of $1,099 and features a stunning Retina display, now with True Tone. (Photo: Business Wire)
MacBook Air and MacBook Pro are also part of Apple's Back to School promotion, which includes a pair of Beats(Registered) Studio 3 Wireless headphones with the purchase of a qualifying Mac(Registered) notebook or iMac(Registered). With their sleek, portable designs, Retina displays, great everyday performance, all-day battery life and running macOS(Registered), Mac notebooks have never been more popular in higher education, with Student Monitor data showing nearly 60 percent of US college notebook buyers own a Mac.1
"College students love the Mac - it's the notebook they rely on from the dorm room to the classroom, and the No. 1 choice among higher education students," said Tom Boger, Apple's senior director of Mac Product Marketing. "With a lower $999 student price for MacBook Air and the updated 13-inch MacBook Pro with faster performance, Touch Bar and Touch ID at $1,199 for students, there's never been a better time to bring a Mac to college."
Updates to Apple's Most Popular Notebooks for Students
MacBook Air features a thin and light design in three beautiful finishes, the convenience and security of Touch ID, an 8th-generation dual-core processor, immersive wide stereo sound and all-day battery life.

June 27 2019: Apple Names Sabih Khan Senior Vice President of Operations
CUPERTINO, Calif.----Apple today announced that Sabih Khan, a 24-year Apple veteran, has been named to the company's executive team as senior vice president of Operations. Khan has played an important role in delivering each of Apple's innovative products to market since the late 1990s, leading key product operations and supply chain functions. He continues to report to Jeff Williams, Apple's chief operating officer.
In his new role, Khan will be in charge of Apple's global supply chain, ensuring product quality and overseeing planning, procurement, manufacturing, logistics and product fulfillment functions, as well as Apple's supplier responsibility programs that protect and educate workers at production facilities around the world.
"Sabih leads our Ops team with heart," said Tim Cook, Apple's CEO. "He and his entire worldwide team are committed to delivering unmatched experiences to our customers, treating workers everywhere with dignity and respect, and protecting the environment for future generations."
Source: Nasdaq Stock Exchange

June 27 2019: Jony Ive to Form Independent Design Company with Apple as Client
CUPERTINO, Calif.----Apple today announced that Sir Jony Ive, Apple's chief design officer, will depart the company as an employee later this year to form an independent design company which will count Apple among its primary clients. While he pursues personal projects, Ive in his new company will continue to work closely and on a range of projects with Apple.
"Jony is a singular figure in the design world and his role in Apple's revival cannot be overstated, from 1998's groundbreaking iMac to the iPhone and the unprecedented ambition of Apple Park, where recently he has been putting so much of his energy and care," said Tim Cook, Apple's CEO. "Apple will continue to benefit from Jony's talents by working directly with him on exclusive projects, and through the ongoing work of the brilliant and passionate design team he has built. After so many years working closely together, I'm happy that our relationship continues to evolve and I look forward to working with Jony long into the future."
Design team leaders Evans Hankey, vice president of Industrial Design, and Alan Dye, vice president of Human Interface Design, will report to Jeff Williams, Apple's chief operating officer. Both Dye and Hankey have played key leadership roles on Apple's design team for many years. Williams has led the development of Apple Watch since its inception and will spend more of his time working with the design team in their studio.
Source: Nasdaq Stock Exchange

June 25 2019: Pay BTC, ETH and More with Apple Pay or Samsung Pay with Zeux - The World's First Crypto Mobile-Payment App
PALO ALTO, CA / / June 25, 2019 / Mobile phones give us power to do almost anything. As well as making and receiving calls, through our phones we can access the Internet, play games, listen to music, book an Uber and pay for things in almost all stores.
But the competition is fierce in the mobile space, with many business models being designed purely with one function and accessibility in mind - an app.
Apps allow businesses to be customer-focused and provide personalisation services to meet their needs. And one in particular, Zeux, has caught a lot of attention recently setting itself apart by integrating payments, banking and investments.
Source: Nasdaq Stock Exchange

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