Apple 2010 Annual Report Download - page 13

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Table of Contents
Environmental Laws
Compliance with federal, state, local and foreign laws enacted for the protection of the environment has to date had no significant effect on the
Company’
s capital expenditures, earnings, or competitive position. In the future, compliance with environmental laws could materially adversely
affect the Company.
Production and marketing of products in certain states and countries may subject the Company to environmental and other regulations including,
in some instances, the requirement to provide customers the ability to return product at the end of its useful life, and place responsibility for
environmentally safe disposal or recycling with the Company. Such laws and regulations have been passed in several jurisdictions in which the
Company operates including various countries within Europe and Asia and certain states and provinces within North America. Although the
Company does not anticipate any material adverse effects in the future based on the nature of its operations and the thrust of such laws, there is
no assurance that such existing laws or future laws will not materially adversely affect the Company’s financial condition or operating results.
Employees
As of September 25, 2010, the Company had approximately 46,600 full-time equivalent employees and an additional 2,800 full-
time equivalent
temporary employees and contractors.
Available Information
The Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-
K, and amendments to reports filed
pursuant to Sections 13(a) and 15(d) of the Securities Exchange Act of 1934, as amended (“Exchange Act”),
are filed with the U.S. Securities
and Exchange Commission (the “SEC”).
Such reports and other information filed by the Company with the SEC are available free of charge on
the Company’s website at www.apple.com/investor
when such reports are available on the SEC website. The public may read and copy any
materials filed by the Company with the SEC at the SEC’
s Public Reference Room at 100 F Street, NE, Room 1580, Washington, DC 20549.
The public may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-
0330. The SEC maintains
an Internet site that contains reports, proxy and information statements and other information regarding issuers that file electronically with the
SEC at www.sec.gov . The contents of these websites are not incorporated into this filing. Further, the Company’
s references to the URLs for
these websites are intended to be inactive textual references only.
Because of the following factors, as well as other factors affecting the Company’
s financial condition and operating results, past financial
performance should not be considered to be a reliable indicator of future performance, and investors should not use historical trends to anticipate
results or trends in future periods.
Economic conditions could materially adversely affect the Company.
The Company’
s operations and performance depend significantly on worldwide economic conditions. Uncertainty about current global
economic conditions poses a risk as consumers and businesses may continue to postpone spending in response to tighter credit, unemployment,
negative financial news and/or declines in income or asset values, which could have a material negative effect on demand for the Company’
s
products and services. Demand also could differ materially from the Company’
s expectations since the Company generally raises prices on
goods and services sold outside the U.S. to offset the effect of a strengthening of the U.S. dollar. Other factors that could influence demand
include increases in fuel and other energy costs, conditions in the real estate and mortgage markets, labor and healthcare costs, access to credit,
consumer confidence, and other macroeconomic factors affecting consumer spending behavior. These and other economic factors could
materially adversely affect demand for the Company’s products and services and the Company’s financial condition and operating results.
10
Item 1A.
Risk Factors