Apple 2011 Annual Report Download - page 11

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believe they can obtain sufficient supply. Because of the foregoing, backlog should not be considered a reliable indicator of the Company’
s
ability to achieve any particular level of revenue or financial performance.
Employees
As of September 24, 2011, the Company had approximately 60,400 full-time equivalent employees and an additional 2,900 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.
Global economic conditions could materially adversely affect the Company.
The Company’
s operations and performance depend significantly on worldwide economic conditions. Uncertainty about global economic
conditions poses a risk as consumers and businesses 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 because 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, unemployment, 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.
In the event of financial turmoil affecting the banking system and financial markets, additional consolidation of the financial services industry, or
significant financial service institution failures, there could be a new or incremental tightening in the credit markets, low liquidity, and extreme
volatility in fixed income, credit, currency, and equity markets. This could have a number of effects on the Company’
s business, including the
insolvency or financial instability of outsourcing partners or suppliers or their inability to obtain credit to finance development and/or
manufacture products resulting in product delays; inability of customers, including channel partners, to obtain credit to finance purchases of the
Company’
s products; and failure of derivative counterparties and other financial institutions. Other income and expense also could vary
materially from expectations depending on gains or losses realized on the sale or exchange of financial instruments; impairment charges
resulting from revaluations of debt and equity securities and other investments; interest rates; cash balances; and
9
Item 1A.
Risk Factors