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Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Apple Inc.
Apple Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2020 10-K Annual Report includes:
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In June 2016, the Financial Accounting Standards Board issued Accounting Standards Update No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ("ASU 2016-13"), which modifies the measurement of expected credit losses on certain financial instruments.
Services gross margin increased during the second quarter and first six months of 2020 compared to the same periods in 2019 due primarily to higher Services net sales.
Products gross margin increased during the first six months of 2020 compared to the same period in 2019 due primarily to higher Products volume and favorable Products mix, partially offset by the weakness in foreign currencies relative to the U.S. dollar and the impact of the COVID-19 pandemic.
See "The Company's business, results of operations, financial condition and stock price have been adversely affected and could in the future be materially adversely affected by the COVID-19 pandemic" in Part II, Item 1A of this Form 10-Q under the heading "Risk Factors."
Services gross margin percentage increased during the second quarter and first six months of 2020 compared to the same periods in 2019 due primarily to a favorable Services mix and higher leverage, partially offset by higher Services costs.
Year-over-year iPhone net sales increased...Read more
During the six months ended...Read more
Products and Services gross margin...Read more
During the six months ended...Read more
As of March 28, 2020,...Read more
On April 30, 2020, the...Read more
Year-over-year Services net sales increased...Read more
Year-over-year Americas net sales increased...Read more
Year-over-year Rest of Asia Pacific...Read more
The full extent of the...Read more
The strength of the Japanese...Read more
Services net sales increased during...Read more
Effective March 13, 2020, the...Read more
iPhone net sales decreased during...Read more
Under this program, shares may...Read more
Wearables, Home and Accessories net...Read more
The Company has historically experienced...Read more
In addition, the Company has...Read more
The timing of product introductions...Read more
Deemed Repatriation Tax Payable As...Read more
Mac net sales decreased during...Read more
Apple Inc. | Q2 2020...Read more
Based on the composition of...Read more
As of March 28, 2020,...Read more
The weighted-average interest rate earned...Read more
The weakness in foreign currencies...Read more
The weakness in foreign currencies...Read more
The weakness in foreign currencies...Read more
The weakness in foreign currencies...Read more
The weakness in foreign currencies...Read more
Japan net sales decreased during...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Apple Inc provided additional information to their SEC Filing as exhibits
Ticker: AAPL
CIK: 320193
Form Type: 10-Q Quarterly Report
Accession Number: 0000320193-20-000052
Submitted to the SEC: Thu Apr 30 2020 6:03:10 PM EST
Accepted by the SEC: Fri May 01 2020
Period: Saturday, March 28, 2020
Industry: Electronic Computers