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Apple Inc. 2025 Annual Form 10-K Report

03 Nov 2025

Description

These sources provide excerpts from Apple Inc.'s financial reports, specifically concerning its fiscal year ended September 27, 2025. The documents include consolidated financial statements like the statements of operations and balance sheets, showing the company's performance, assets, and liabilities. A major disclosure is the significant one-time income tax charge of $10.2 billion recorded in the fourth quarter of 2024, stemming from the reversal of the European General Court's State Aid decision. Furthermore, the reports detail various financial risks the company faces, such as competition, reliance on foreign suppliers, foreign exchange rate volatility, and exposure to uncertain tax positions, which is highlighted as a Critical Audit Matter by the independent registered public accounting firm. Finally, the documents outline segment performance and disclose internal control certifications by management, confirming the effectiveness of internal controls over financial reporting.

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