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Apple Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes:
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In May 2023, the Company announced a new share repurchase program of up to $90 billion and raised its quarterly dividend from $0.23 to $0.24 per share beginning in May 2023.
Services Gross Margin Services gross margin increased during 2023 compared to 2022 due primarily to higher Services net sales, partially offset by the weakness in foreign currencies relative to the U.S. dollar and higher Services costs.
Apple Inc. | 2023 Form 10-K | 22 Gross Margin Products and Services gross margin and gross margin percentage for 2023, 2022 and 2021 were as follows (dollars in millions): Products Gross Margin Products gross margin decreased during 2023 compared to 2022 due to the weakness in foreign currencies relative to the U.S. dollar and lower Products volume, partially offset by cost savings and a different Products mix.
The weakness in the renminbi relative to the U.S. dollar accounted for more than the entire year-over-year decrease in Greater China net sales, which consisted primarily of lower net sales of Mac and iPhone.
The weakness in the yen relative to the U.S. dollar accounted for more than the entire year-over-year decrease in Japan net sales, which consisted primarily of lower net sales of iPhone, Wearables, Home and Accessories and Mac.
Services Services net sales increased...Read more
Resolution of legal matters in...Read more
As of September 30, 2023,...Read more
Macroeconomic Conditions Macroeconomic conditions, including...Read more
Rest of Asia Pacific Rest...Read more
Resolution of these uncertainties in...Read more
Mac Mac net sales decreased...Read more
Wearables, Home and Accessories Wearables,...Read more
As of September 30, 2023,...Read more
Financial Statements, Disclosures and Schedules
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Apple Inc provided additional information to their SEC Filing as exhibits
Ticker: AAPL
CIK: 320193
Form Type: 10-K Annual Report
Accession Number: 0000320193-23-000106
Submitted to the SEC: Thu Nov 02 2023 6:08:27 PM EST
Accepted by the SEC: Fri Nov 03 2023
Period: Saturday, September 30, 2023
Industry: Electronic Computers