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Apple Inc. Q3 2024 Financial Report: Analyzing Debt Instruments & Obligations

$AAPL
Form 8-K
Filed on: 2024-08-23
Source
Apple Inc. Q3 2024 Financial Report: Analyzing Debt Instruments & Obligations

Based on the provided section of the financial report, here are the key insights and information extracted:

Company Information

  • Entity: Apple Inc.
  • CIK Number: 0000320193
  • Address: One Apple Park Way, Cupertino, CA 95014
  • Phone: 408 996-1010
  • Stock Exchange: NASDAQ
  • Common Stock Par Value: $0.00001 per share
  • Ticker Symbol: AAPL

Debt Instruments

The company has issued several debt instruments with various interest rates and maturity dates:

  1. 0.000% Notes due 2025
  2. 0.875% Notes due 2025
  3. 1.625% Notes due 2026
  4. 2.000% Notes due 2027
  5. 1.375% Notes due 2029
  6. 3.050% Notes due 2029
  7. 0.500% Notes due 2031
  8. 3.600% Notes due 2042

Reporting Period

  • Period of Reporting: The data pertains to the date August 20, 2024.

Important Notes

  • The document contains references to various debt instruments categorized under the "DebtInstrumentAxis" dimension, indicating the company has multiple classes of debt obligations that could impact its financial leverage.
  • The presence of various interest rates ranging from 0.000% to 3.600% suggests a diversified debt profile, which may imply strategic financing decisions by the company to manage interest expenses effectively.

Conclusion

This report segment emphasizes Apple's current financial obligations, particularly its debt structure, which is essential for analyzing its financial health, risk profile, and capital strategy. Investors and analysts should consider these factors when evaluating the company's overall financial position and future performance.