graph medium output1

gistfile1.txt

Search query: How has the company's capital expenditure (CapEx) evolved over the past five years, and what strategic initiatives have driven significant changes in CapEx allocations?
 Getting Entity: company
 Getting Entity: CapEx

Final Data::: ==>Structured data:
Company - COMPLIANT_WITH -> Gaap
Company - STORES -> Confidential Information
Company - MARKET -> Products And Services
Company - FOCUS -> Innovation
Company - PRODUCES -> Products
Company - HOLDS -> Intellectual Property
Company - RELIES_ON -> Personnel
Company - OBTAIN -> Licenses
Company - HIGHER_NET_SALES -> First Quarter
Company - BELIEF -> Compensation
Company - INVESTS_IN -> Growth And Development
Company - OFFERS_PROGRAMS_VIA -> Apple University
Company - COMMITTED_TO -> Workplace Practices And Policies
Company - CREATES -> Confidential Information
Company - IDENTIFIES -> Workplace Risks
Company - MITIGATES -> Hazards
Company - SUPPORTS -> Employees
Company - AFFECTED_BY -> Effective Tax Rates
Company - HAS_DIFFICULTY_WITH -> Manufacture And Deliver Products
Company - INCREASES -> Costs
Company - NEGATIVELY_IMPACTS -> Consumer Spending And Demand
Company - REQUIRE -> Additional Agreements
Company - PARTICIPATES_IN -> Global Smartphone, Personal Computer And Tablet Markets
Company - RELATIONSHIP -> Content Suppliers
Company - COMPETES_WITH -> Competitors
Company - HASARRANGEMENTWITH -> Partners
Company - OBTAINS -> Components
Company - DEPENDENCY -> Component Suppliers
Company - SUPPLY_AGREEMENTS -> Components
Company - PRODUCTION -> New Products
Company - PRODUCTION_DEPENDENCY -> Custom Components
Company - EXCEEDS -> Management'S Expectations
Company - ACCRUES -> Cancellation Fee Reserves
Company - POSSESS -> Assets
Company - DETECT -> Impairment
Company - BUILD_INVENTORY -> Products
Company - CONTRACTS -> Third-Party
Company - OFFERS_DIGITAL_CONTENT -> Third-Party
Company - LICENSES_CONTENT_FROM -> Third-Party
Company - INVEST_IN -> Resellers
Company - REQUIRES -> Business
Company - USES_AND_STORES -> Confidential Information
Company - DEVOTES_RESOURCES_TO -> Systems And Data Security
Company - PROCESSES -> Confidential Information
Company - ATTRIBUTES -> High Profile
Company - DEPLOYS -> Multifactor Authentication
Company - CAUSES -> Adverse Effects
Company - FACING -> Patent Claims
Company - LITIGATING_IN -> U.S. Jurisdictions
Company - LITIGATING_INTERNATIONALLY -> Countries
Company - SETTLE -> Rsus
Company - EXPOSES_TO -> Liabilities
Company - INTRODUCE_PRODUCTS_AND_SERVICES_TO -> Specialized Applications
Company - EXPAND_USE_OF -> Machine Learning And Artificial Intelligence
Company - NAVIGATE -> New Legal, Regulatory And Ethical
Company - COMPLIANCE -> Payment Card Industry Data Security Standards
Company - HAS_RELATIONSHIP_WITH -> Technology Industry
Company - LICENSES_TO -> Google Llc
Company - IMPACTS -> Payment Card Transaction Costs
Company - EXPOSED_TO_FLUCTUATIONS_IN -> Investment Portfolio
Company - HAS_EXPOSURE_TO -> Trade Receivables
Company - HAS_BOARD -> Board
Company - REPURCHASE_STOCK -> Company
Company - PAY_DIVIDENDS -> Company
Company - MANAGE -> Plan
Company - RELATED_RISKS -> Item 1A
Company - FACILITIES_IN -> U.S.
Company - COMPLIES_WITH -> Dma
Company - IMPLEMENTED_PLAN -> January 16, 2024
Company - PURCHASE -> Shares
Company - AUTHORIZED -> Share Repurchase Program
Company - OBTAINS_FROM -> Individual Suppliers
Company - FUNDS_HELD_IN -> Escrow
Company - DIVIDEND_PER_SHARE -> $0.25 Per Share
Company - PAID_IN_DIVIDENDS -> $15.2 Billion
Company - WILL_ADOPT -> Asu 2023-09
Company - GOVERNS -> Insider Trading Policy
Company - INVESTMENT_IN -> Investment Portfolio
Company - LIABILITY -> Term Debt
Company - EXPOSURE -> Foreign Exchange Rate Risk
Company - APPLIED -> Value-At-Risk (Var) Model
Company - COMBINES_AND_ACCOUNTS_FOR -> Lease Components
Company - UNBILLED_CONSIDERATION_FOR -> Undelivered Services
Company - OBTAINS_CONTROL_OF -> Third-Party Products
Company - MAY_USE -> Derivative Instruments
Company - REQUIRES_CREDIT_SUPPORT_OR_COLLATERAL -> Customers
Company - HAS_NON-TRADE_RECEIVABLES_FROM -> Vendors
Company - TAX_OPINION_ISSUED -> Tax Opinions
Company - REQUESTED_APPROVAL_FROM -> Irish Minister For Finance
Company - APPEALED -> State Aid Decision
Company - MADE -> Fixed Lease Payments
Company - FINANCIAL_METRIC -> Proceeds From/(Repayments Of) Commercial Paper
Company - EXPECTSTORECOGNIZE -> Unrecognized Compensation Cost
Company - USES_JUDGMENT_IN -> Uncertain Tax Positions
Company - ASSESSMENT_OF -> Tax_Positions_Recognition
Company - EVALUATED_BY -> Disclosure Controls And Procedures
Company - ASSESSED_USING -> Internal Control – Integrated Framework
Company - GOVERN -> Plan
Company - OWN -> Plan
Company - PAYMENT_NOT_REQUIRED -> Tax
Company - EMPLOY -> Participant
Company - CREDIT_DIVIDEND -> Participant
Company - OBLIGATION_TO_DELIVER -> Shares
Company - MAY_REQUIRE_TO_REPAY -> Participant
Company - PREVAILS_OVER -> Company Recoupment Policy
Company - NO_OBLIGATION -> Tax-Related Items
Company - ACCOUNT_FOR -> Tax-Related Items
Company - ISSUANCE -> Award
Company - PERMITTED_METHOD_UNDER -> Plan
Company - REQUIRED_BY -> Applicable Law
Company - REFUND -> Participant
Company - ISSUE_OR_DELIVER -> Shares
Company - DESIGNATE -> Third Party Vendor
Company - COLLECT -> Personal Data
Company - ADMINISTRATION -> Plan
Company - ATTEND -> Secretary
Company - DESIGNATE_ADDRESS -> Participant
Company - CAN_AMEND -> Plan
Company - SETTLEMENT_RIGHTS -> Rsus
Company - EMPLOYS -> Participant
Company - DELIVERS_TO -> Participant
Company - WITHHOLDING_DETERMINED_BY -> Plan
Company - SATISFY_WITHHOLDING_OBLIGATIONS -> Taxable Or Tax Withholding Event
Company - WITHHOLDING_OBLIGATIONS -> Tax Withholding Event
Company - REFUND_OVER-WITHHELD_AMOUNT -> Participant
Company - DESIGNATED_BY -> Third Party Vendor
Company - HOLD_INFORMATION -> Participant
Company - IMPLEMENTATION -> Plan
Company - TRANSFER_DATA -> Third Parties
Company - ATTENTION_OF -> Secretary
Company - DETERMINES_ACQUISITION_OF -> Shares
Company - MEMBER_OF -> Comparison Group
Company - RIGHT_TO_TERMINATE -> Employment_Or_Service
Company - RIGHT_TO_INCREASE_OR_DECREASE -> Participant'S Other Compensation Or Benefits
Company - DELIVER_TO -> Shares
Company - DELIVER_TO -> Participant
Company - MAY_REQUIRE_REPAYMENT -> Participant
Company - MAY_REQUIRE_REPAYMENT -> Award
Company - HAS_POLICY -> Recoupment Policy
Company - NO_REPRESENTATION -> Tax-Related Items
Company - APPROVAL -> Committee
Company - REFUSE_TO_ISSUE_SHARES_TO -> Participant
Company - REFUSE_TO_DELIVER_PROCEEDS_TO -> Participant
Company - DELIVER_DOCUMENTS_VIA -> Electronic Delivery
Company - OWES_SETTLEMENT -> Rsus
Company - IMPOSE_REQUIREMENTS -> Participant
Company - EMPLOYMENT_TERMINATION_RIGHT -> Participant
Company - COMPENSATION_CHANGE_RIGHT -> Participant
Company - DELIVER_SHARES -> Participant
Company - CONTROLS -> Shares
Company - ACTION_WITH_RESPECT_TO -> Tax-Related Items
Company - SELLS -> Shares
Company - SELLS_ON_BEHALF_OF -> Participant
Company - DETERMINES_WITHHOLDING_METHOD -> Applicable Law
Company - WITHHOLD_OR_ACCOUNT_FOR -> Tax-Related Items
Company - REFUND_CASH -> Participant
Company - REFUSE_ISSUE_SHARES -> Participant
Company - INFORM -> Data Privacy
Company - RELATED_ENTITY -> Employer
Company - MAY_SIGN_AMENDMENT -> Award Agreement
Company - MAY_WAIVE_PROVISION -> Award Agreement
Company - EVALUATES -> Net Sales
Company - EVALUATES -> Operating Income
Company - ISSUES -> Shares
Company - ISSUES -> Commercial Paper
Company - ISSUES -> Property
Company - ISSUES -> Award
Company - PAYABLE_WITHIN -> $52.9 Billion
Company - PAYABLE_WITHIN -> $4.1 Billion
Company - SUBJECT_TO -> Public Health Issues
Company - SUBJECT_TO -> Industrial Accidents
Company - SUBJECT_TO -> Fire
Company - SUBJECT_TO -> Power Shortages
Company - SUBJECT_TO -> Nuclear Power Plant Accidents
Company - SUBJECT_TO -> Terrorist Attacks
Company - SUBJECT_TO -> Hostile Acts
Company - SUBJECT_TO -> Ransomware
Company - SUBJECT_TO -> Cybersecurity Attacks
Company - SUBJECT_TO -> Labor Disputes
Company - SUBJECT_TO -> Technological Change
Company - SUBJECT_TO -> Supply And Pricing Risks
Company - SUBJECT_TO -> Litigation
Company - SUBJECT_TO -> Government Investigations
Company - SUBJECT_TO -> Penalties
Company - SUBJECT_TO -> Laws And Regulations
Company - SUBJECT_TO -> Increasing Regulation
Company - SUBJECT_TO -> Legal Actions
Company - SUBJECT_TO -> Privacy And Security Requirements
Company - SUBJECT_TO -> Breach Notification Requirements
Company - SUBJECT_TO -> Payment Card Rules And Obligations
Company - SUBJECT_TO -> Income Taxes
Company - SUBJECT_TO -> Officer Of The Company
Company - IS -> Apple Inc.
Company - IDENTICAL -> Apple Inc.
Company - HAS_OBLIGATION_OF -> $53.0 Billion
Company - HAS_OBLIGATION_OF -> $12.0 Billion
Company - RELATED_TO -> Cellular-Enabled Products
Company - RELATED_TO -> Notes
Company - RELATED_TO -> Related Entities
Company - OBLIGATION -> Ireland
Company - OBLIGATION -> €14.2 Billion
Company - OBLIGATION -> $15.8 Billion
Company - REPURCHASED -> $95.0 Billion
Company - REPURCHASED -> 499 Million Shares
Company - REPURCHASE_PROGRAM_LIMIT -> $110 Billion
Company - HAS_SUBSIDIARY -> Subsidiaries
Company - COMPLY_WITH -> Exchange Controls And Cash Repatriation Restrictions
Company - COMPLY_WITH -> Anti–Money Laundering
Company - COMPLY_WITH -> Foreign Ownership And Investment
Company - COMPLY_WITH -> Tax
Company - COMPLY_WITH -> Environmental, Health And Safety
Company - COMPLY_WITH -> Electronic Waste
Company - COMPLY_WITH -> Recycling
Company - COMPLY_WITH -> Product Design
Company - COMPLY_WITH -> Climate Change
Company - COMPLY_WITH -> Environmental, Social And Governance Laws And Regulations
Company - EVALUATION -> Uncertain Tax Positions
Company - DESIGNS -> Iphone
Company - DESIGNS -> Mac
Company - DESIGNS -> Ipad
Company - DESIGNS -> Wearables
Company - INCLUDES -> Iphone
Company - INCLUDES -> Mac
Company - INCLUDES -> Ipad
Company - INCLUDES -> Performance Obligation
Company - INCLUDES -> Subsidiary
Company - OFFERS -> Advertising
Company - OFFERS -> Applecare
Company - OFFERS -> Cloud Services
Company - OFFERS -> Digital Content
Company - OFFERS -> Products And Services
Company - OFFERS -> Services
Company - OFFERS -> Benefits
Company - OFFERS -> Products
Company - EXPORT_IMPORT -> Products
Company - OPERATES_IN -> Global Markets
Company - OPERATES_IN -> Country
Company - CUSTOMER -> Consumer Market
Company - CUSTOMER -> Small And Mid-Sized Business Market
Company - CUSTOMER -> Education Market
Company - CUSTOMER -> Enterprise Market
Company - CUSTOMER -> Government Market
Company - DISTRIBUTION -> Retail Stores
Company - DISTRIBUTION -> Online Stores
Company - DISTRIBUTION -> Direct Sales Force
Company - DISTRIBUTION -> Third-Party Cellular Network Carriers
Company - DISTRIBUTION -> Wholesalers
Company - DISTRIBUTION -> Retailers
Company - DISTRIBUTION -> Resellers
Company - ISSUER -> Rsu
Company - FACES -> Competitors
Company - FACES -> Competition
Company - FACES -> Financial Risks
Company - EXPANDS_MARKET -> Wearables
Company - EXPANDS_MARKET -> Accessories
Company - EXPANDS_MARKET -> Smartphones
Company - EXPANDS_MARKET -> Personal Computers
Company - EXPANDS_MARKET -> Tablets
Company - EXPANDS_MARKET -> Services
Company - APPROVES -> Award
Company - APPROVES -> Leave Of Absence
Company - INVOLVES -> Vendors’ Business
Company - INVOLVES -> Disaster Recovery Planning
Company - INVOLVES -> Stock
Company - USES -> Custom Components
Company - USES -> One Source
Company - USES -> Research And Development
Company - USES -> Global Security Team
Company - USES -> Applications
Company - USES -> Platforms
Company - USES -> Derivative Instruments
Company - USES -> Forwards
Company - USES -> Cross-Currency Swaps
Company - USES -> Interest Rate Swaps
Company - USES -> Options
Company - DELIVER -> Participant
Company - DELIVER -> Award
Company - FILES -> Patent
Company - FILES -> Design
Company - FILES -> Copyright
Company - FILES -> Trademark
Company - OWNS -> Intellectual Property
Company - OWNS -> Intellectual Property Rights
Company - OWNS -> Business
Company - OWNS -> Assets
Company - OWNS -> Confidential Information
Company - OWNS -> Subsidiaries
Company - OWNS -> Subsidiary
Company - DELIVER_DOCUMENTS -> Electronic Delivery And Acceptance
Company - HANDLES -> Health Data
Company - HANDLES -> Financial Data
Company - LIABLE_FOR -> Investigatory Expenses
Company - LIABLE_FOR -> Fees Or Fines
Company - PROTECTS -> Team Members
Company - PROTECTS -> Visitors
Company - PROTECTS -> Customers
Company - PROTECTS -> Gross Margins
Company - PROTECTS -> Marketable Securities
Company - PROTECTS -> Foreign Currency–Denominated Term Debt
Company - PROTECTS -> Interest Rates
Company - HAS -> Team Members
Company - HAS -> Reputation
Company - HAS -> Sales
Company - HAS -> Trade Receivables
Company - HAS -> Competitive Advantage
Company - HAS -> Market Share
Company - HAS -> Market Acceptance
Company - HAS -> Demand
Company - HAS -> Manufacturing Purchase Obligations
Company - HAS -> Highly Skilled Employees
Company - HAS -> Key Personnel
Company - HAS -> Chief Executive Officer
Company - HAS -> Executive Team
Company - HAS -> System Upgrades
Company - HAS -> Redundancy Measures
Company - HAS -> Continuity Measures
Company - HAS -> Programs, Policies And Procedures
Company - HAS -> Profit Margins
Company - HAS -> Subsidiaries
Company - HAS -> Lease Arrangements
Company - HAS -> Fixed Lease Payment Obligations
Company - HAS -> Other Purchase Obligations
Company - HAS -> Term Debt
Company - HAS -> Derivative Instruments Designated As Accounting Hedges 2024
Company - HAS -> Derivative Instruments Designated As Accounting Hedges 2023
Company - HAS -> Derivative Instruments Not Designated As Accounting Hedges 2024
Company - HAS -> Derivative Instruments Not Designated As Accounting Hedges 2023
Company - HAS -> Hedged Assets/Liabilities 2024
Company - HAS -> Hedged Assets/Liabilities 2023
Company - HAS -> Trade Receivables 2024
Company - HAS -> Trade Receivables 2023
Company - HAS -> Non-Trade Receivables
Company - HAS -> Equipment And Facilities Lease
Company - HAS -> $10.0 Billion Outstanding
Company - HAS -> $6.0 Billion Outstanding
Company - HAS -> 5.00% Interest Rate As Of 2024
Company - HAS -> 5.28% Interest Rate As Of 2023
Company - HAS -> Unconditional Purchase Obligations
Company - HAS -> Control System
Company - HAS -> Articles
Company - HAS -> Bylaws
Company - HAS -> Paying Agent
Company - HAS -> Agreement
Company - HAS -> Tsr Percentile
Company - IMPLEMENTS -> Specific Programs
Company - IMPLEMENTS -> Security Measures
Company - FOR -> Legal Reasons
Company - FOR -> Administrative Reasons
Company - RECOUPMENT_POLICY -> Participant
Company - AUTHORIZES -> Common Stock
Company - NO_REPRESENTATIONS -> Shares
Company - NO_REPRESENTATIONS -> Rsus
Company - NO_REPRESENTATIONS -> Dividend Equivalent Rights
Company - NO_REPRESENTATIONS -> Dividends
Company - SATISFY -> Tax-Related Items
Company - WITHHOLDING -> Shares
Company - WITHHOLDING -> Participant
Company - WITHHOLDING -> Dividend Equivalent Rights
Company - WITHHOLDING -> Wages Or Other Cash Compensation
Company - SELLS_DIRECTLY_TO -> Small And Mid-Sized Businesses
Company - SELLS_DIRECTLY_TO -> Education Customers
Company - SELLS_DIRECTLY_TO -> Enterprise Customers
Company - SELLS_DIRECTLY_TO -> Government Customers
Company - APPROVED_BY -> Committee
Company - SUBJECT_TO_TAXES_IN -> U.S.
Company - SUBJECT_TO_TAXES_IN -> Ireland
Company - SUBJECT_TO_TAXES_IN -> Singapore
Company - WITHHOLD -> Shares
Company - WITHHOLD -> Tax-Related Items
Company - SETTLEMENT -> Dividend Equivalent Rights
Company - ISSUE -> Common Stock
Company - ISSUE -> Participant
Company - REQUEST_CONSENT -> Participant
Company - REQUEST_CONSENT -> Plan
Company - RECORDS -> Deferred Tax Assets And Liabilities
Company - RECOGNIZES -> Revenue
Company - LOCATED -> Japan
Company - LOCATED -> China Mainland
Company - LOCATED -> India
Company - LOCATED -> South Korea
Company - LOCATED -> Taiwan
Company - LOCATED -> Vietnam
Company - AFFECTS -> Business
Company - AFFECTS -> Reputation
Company - AFFECTS -> Results Of Operations
Company - AFFECTS -> Financial Condition
Company - AFFECTS -> Competitive Advantage
Company - AFFECTS -> Users
Company - MANAGEMENT -> Data
Company - MANAGEMENT -> Plan
Company - DATA_TRANSFER -> Third Parties
Company - DATA_TRANSFER -> Related Entities
Company - RESULTS_IN -> Delays And Inefficiencies
Company - RESULTS_IN -> Slowdowns And Outages
Company - ASSOCIATED_WITH -> Suppliers
Company - SALE_INCLUDES -> Iphone
Company - SALE_INCLUDES -> Mac
Company - SALE_INCLUDES -> Ipad
Company - TRANSFER -> Data
Company - HAS_PERFORMANCE_OBLIGATIONS_FOR -> Long-Term Service Arrangements
Company - RESERVES_RIGHT_TO_IMPOSE -> Requirements
Company - IMPOSE_REQUIREMENTS_ON -> Shares
Company - IMPOSE_REQUIREMENTS_ON -> Rsus
Company - IMPOSE_REQUIREMENTS_ON -> Participant
Company - PAYS -> Additional Amounts
Company - CREDITS -> Dividend Equivalent Rights
Company - CREDITS -> Dividend Equivalent Right
Company - MANUFACTURE -> Japan
Company - MANUFACTURE -> China Mainland
Company - MANUFACTURE -> India
Company - MANUFACTURE -> South Korea
Company - MANUFACTURE -> Taiwan
Company - MANUFACTURE -> Vietnam
Company - RELIESON -> Partners
Company - RELIESON -> Supplier Code Of Conduct
Company - OUTSOURCESTO -> Europe
Company - OUTSOURCESTO -> U.S.
Company - OUTSOURCESTO -> Asia
Company - EXPOSED_TO -> Purchase Commitment Cancellation Risk
Company - EXPOSED_TO -> Foreign Exchange Rates
Company - EXPOSED_TO -> Credit Risk
Company - EXPOSED_TO -> U.S. Interest Rates
Company - EXPOSED_TO -> Foreign Exchange Risk
Company - EXPOSED_TO -> Interest Rate Risk
Company - OFFER -> Company'S Products And Services
Company - OFFER -> Search Services
Company - UTILIZE -> Privately Negotiated Transactions
Company - UTILIZE -> Open Market Transactions
Company - DESIGNATES_AS -> Cash Flow Hedges
Company - DESIGNATES_AS -> Fair Value Hedges
Company - RECEIVED_COMPONENTS -> Vendors
Company - WITHHOLDS -> Shares
Company - WITHHOLDS -> Dividend Equivalent Rights
Company - WITHHOLDS -> Tax-Related Items
Company - WITHHOLDS -> Employer
Company - BELIEVE_RECOVERABLE -> Inventory
Company - BELIEVE_RECOVERABLE -> Capital Assets
Company - BELIEVE_RECOVERABLE -> Inventory Prepayments
Company - BELIEVE_RECOVERABLE -> Purchase Commitments
Company - ORDER -> Components
Company - DETERMINES -> Tsr Percentile
Company - DETERMINES -> Tsr Percentile Ranking
Company - MINORITY_MARKET_SHARE -> Global Smartphone Market
Company - MINORITY_MARKET_SHARE -> Personal Computer Market
Company - MINORITY_MARKET_SHARE -> Tablet Market
Company - RECORDED -> One-Time Income Tax Charge
Company - DEPENDENT_ON -> Global Supply Chain
Company - DEPENDENT_ON -> Applications
Company - DEPENDENT_ON -> Information Technology Systems
Company - DISTRIBUTES_THROUGH -> Third-Party Cellular Network Carriers
Company - DISTRIBUTES_THROUGH -> Wholesalers
Company - DISTRIBUTES_THROUGH -> Retailers
Company - DISTRIBUTES_THROUGH -> Resellers
Company - IMPOSE_REQUIREMENT -> Participant
Company - DETERMINES_PARTICIPATION_IN -> Rsus
Company - DETERMINES_PARTICIPATION_IN -> Plan
Company - LOCATED_IN -> U.S.
Company - LOCATED_IN -> Asia
Company - LOCATED_IN -> Silicon Valley
Company - LOCATED_IN -> Ireland
Company - LOCATED_IN -> Singapore
Company - LOCATED_IN -> Cupertino, California
Company - ADVERSELY_AFFECT -> Business
Company - ADVERSELY_AFFECT -> Results Of Operations
Company - ADVERSELY_AFFECT -> Financial Condition
Company - ADVERSELY_AFFECT -> Business Partners
Company - COST_OF_REPURCHASE -> $95.0 Billion
Company - BELONGS_TO -> Employees
Company - BELONGS_TO -> Customers
Company - SHARES_WITH -> Suppliers
Company - SHARES_WITH -> Third Parties
Company - DETERMINESVALUE -> Rsus
Company - MANAGES -> Europe
Company - MANAGES -> Greater China
Company - MANAGES -> Japan
Company - MANAGES -> Rest Of Asia Pacific
Company - MANAGES -> Confidential Information
Company - MANAGES -> Americas
Company - MANAGES -> Foreign Exchange Rate Risk
Company - MANAGES -> Interest Rate Risk
Company - ACTION -> Freeze Accounts
Company - ACTION -> Monitors
Company - MAINTAINS -> Insurance Coverage
Company - MAINTAINS -> Policy
The Company - SUBJECT_TO -> U.S. And International Laws, Rules, Policies And Obligations
The Company - SUBJECT_TO -> Federal, State And International Laws
The Company - SUBJECT_TO -> Risks
The Company - SUBJECT_TO -> Legal Proceedings And Claims
The Company - SUBJECT_TO -> Income Taxes
The Company - PART_OF -> Capital Return Program
The Company - INCLUDED_IN -> Note 7
The Company - RELATED_TO -> Loss Contingencies
The Company - PROVIDES -> Workplace
The Company - COMPETE_WITH -> Competitors
The Company - PRODUCES -> Wearables
The Company - PRODUCES -> Accessories
The Company - PRODUCES -> Digital Content
The Company - PRODUCES -> Tablets
The Company - DEPEND_ON -> Suppliers
The Company - INTO -> Agreements
The Company - INVOLVES -> Research And Development
The Company - RELIES_ON -> Suppliers
The Company - HIGHER_NET_SALES -> First Quarter
The Company - DUE_TO -> Statutory Federal Income Tax Rate 2024
The Company - BELIEVES_IMPORTANT_FOR_SUCCESS -> Human Capital
The Company - AS_OF -> 163,000 Full-Time Equivalent Employees
The Company - INVESTS_IN -> Investment
The Company - COMMITTED_TO -> Equal Opportunity Employer
The Company - COMMITTED_TO -> Inclusion
The Company - COMMITTED_TO -> Diversity
The Company - COMMITTED_TO -> Inclusive Workforce
The Company - COMMITTED_TO -> Health And Safety
The Company - BELIEVES_IN -> Open Communication
The Company - CREATES -> Collaborative Work Environment
The Company - PROTECTS -> Team Members
The Company - HAS -> Cash
The Company - HAS -> Cash Equivalents
The Company - HAS -> Marketable Securities
The Company - FOR -> Developers
The Company - PROVIDES_INFO_AT -> Investor.Apple.Com/Investor-Relations/Sec-Filings/Default.Aspx
The Company - PROVIDES_INFO_AT -> Www.Apple.Com
The Company - PROVIDES_INFO_ON -> Press Releases
The Company - PROVIDES_INFO_ON -> Information On Environmental, Social And Governance Matters
The Company - PROVIDES_INFO_ON -> Annual Meeting Of Shareholders
The Company - AFFECTED_BY -> Business
The Company - AFFECTED_BY -> Reputation
The Company - AFFECTED_BY -> Results Of Operations
The Company - AFFECTED_BY -> Financial Condition
The Company - AFFECTED_BY -> Stock Price
The Company - MATERIALIZED_AS -> Risk Factors
The Company - ACCOMPANIED_BY -> Part Ii, Item 7, Management’S Discussion And Analysis Of Financial Condition And Results Of Operations
The Company - ACCOMPANIED_BY -> Part Ii, Item 8, Financial Statements And Supplementary Data
The Company - DEPEND -> Wholesalers
The Company - DEPEND -> Retailers
The Company - DEPEND -> Resellers
The Company - DEPEND -> Distinctive And Inclusive Culture
The Company - DEPEND -> Carriers
The Company - AFFECT -> Business
The Company - AFFECT -> Reputation
The Company - AFFECT -> Results Of Operations
The Company - AFFECT -> Financial Condition
The Company - SALES_OUTSIDE -> U.S.
The Company - BENEFIT_FROM -> International Trade
The Company - MANUFACTURING_PERFORMED_BY -> Outsourcing Partners
The Company - RELY_ON -> Third-Party Intellectual Property
The Company - INNOVATION -> Services
The Company - INNOVATION -> Products
The Company - INNOVATION -> Technologies
The Company - DESIGN_AND_DEVELOP -> Hardware
The Company - DESIGN_AND_DEVELOP -> Operating System
The Company - DESIGN_AND_DEVELOP -> Software Applications
The Company - INVESTMENT -> R&D
The Company - HOLD -> Patents
The Company - HOLD -> Copyrights
The Company - HOLD -> Trademarks
The Company - COMPETES_WITH -> Services
The Company - COMPETES_WITH -> Business Models
The Company - COMPETES_WITH -> Illegitimate Means
The Company - INTRODUCES -> Services
The Company - INTRODUCES -> Products
The Company - INVESTED_IN -> Manufacturing Process Equipment
The Company - COLLABORATES_WITH -> Outsourcing Partners
The Company - PARTNERS_WITH -> Suppliers
The Company - MADE_PREPAYMENTS -> Long-Term Supply Agreements
The Company - EXPOSED_TO -> Credit Risk
The Company - LICENSE_FROM -> Third-Party Intellectual Property
The Company - INFRINGE -> Patents
The Company - INFRINGE -> Third-Party Intellectual Property
The Company - USE -> Personal Information
The Company - DEPENDS_ON_SUPPORT_FROM -> Third-Party Software Developers
The Company - COMPARES_TO -> Competitors
The Company - DISTRIBUTES_THROUGH -> App Store
The Company - RETAINS_COMMISSION_FROM -> Applications
The Company - RETAINS_COMMISSION_FROM -> Digital Services Or Goods
The Company - IMPLEMENTED_CHANGES_IN -> Ios And Ipados App Store U.S. Storefront
The Company - IMPLEMENTED_CHANGES_TO -> Ios
The Company - IMPLEMENTED_CHANGES_TO -> Ipados
The Company - IMPLEMENTED_CHANGES_TO -> App Store Eu
The Company - IMPLEMENTED_CHANGES_TO -> Safari
The Company - SEEKS_TO_COMPLY_WITH -> Digital Markets Act
The Company - RECRUIT_AND_RETAIN -> Highly Skilled Employees
The Company - SELL_TO -> Consumers
The Company - SELL_TO -> Small And Mid-Sized Businesses
The Company - SELL_TO -> Education Customers
The Company - SELL_TO -> Enterprise Customers
The Company - SELL_TO -> Government Customers
The Company - SELL_THROUGH -> Direct Sales Force
The Company - SELL_THROUGH -> Retail And Online Stores
The Company - SHARES_CONFIDENTIAL_INFORMATION_WITH -> Third Parties
The Company - COMPLY_WITH -> Dma
The Company - COMPLIANCE -> Applicable Laws And Regulations
The Company - COMPLIANCE -> Federal Privacy Laws
The Company - COMPLIANCE -> State Privacy Laws
The Company - COMPLIANCE -> International Privacy Laws
The Company - COMPLIANCE -> Data Protection Laws
The Company - MAKES_STATEMENTS -> Non-Financial Reports
The Company - MAKES_STATEMENTS -> Press Statements
The Company - MAKES_STATEMENTS -> Communications
The Company - PROVIDES_INFORMATION_ON -> Website
The Company - ANNOUNCES -> Goals
The Company - ANNOUNCES -> Initiatives
The Company - MADE_CHANGES_TO -> Ios
The Company - MADE_CHANGES_TO -> Ipados
The Company - MADE_CHANGES_TO -> App Store
The Company - MADE_CHANGES_TO -> Safari
The Company - MADE_CHANGES_TO -> Compliance Plan
The Company - IN -> Eu
The Company - IMPLEMENTED -> Business Terms
The Company - IMPLEMENTED -> Alternative Fee Structures
The Company - IMPLEMENTED -> Methods Of Distribution
The Company - IMPLEMENTED_ALTERNATIVE -> Payment Processing
The Company - ADDITIONAL -> Tools And Apis
The Company - ENGAGED_WITH -> European Commission
The Company - REDUCE -> Privacy And Security Risks
The Company - STATEMENTS -> Press Statements
The Company - STATEMENTS -> Privacy Policy
The Company - INFORMATION -> Website
The Company - PROVIDED -> Privacy Notices
The Company - OBLIGATIONS -> Sensitive Information
The Company - SUBJECT_TO_RISKS -> U.S. Dollar
The Company - PRIMARY_EXPOSURE -> Foreign Exchange Rates
The Company - OBTAINS_COMPONENTS_FROM -> Foreign Suppliers
The Company - EXPOSED_TO_FLUCTUATIONS_IN -> Investment Portfolio
The Company - CREDIT_RISK_ON -> Trade Accounts Receivable
The Company - CREDIT_RISK_ON -> Vendor Non-Trade Receivables
The Company - CREDIT_RISK_ON -> Prepayments Related To Long-Term Supply Agreements
The Company - EXAMINATION_SUBJECT -> U.S. Internal Revenue Service
The Company - EXAMINES -> Tax Returns
The Company - VOLATILITY_SUBJECT -> Stock
The Company - TRADED_ON -> The Nasdaq Stock Market Llc
The Company - USES_SYMBOL -> Aapl
The Company - SHARE_REPURCHASE_PERIOD -> June 30, 2024 To August 3, 2024
The Company - SHARE_REPURCHASE_PERIOD -> August 4, 2024 To August 31, 2024
The Company - SHARE_REPURCHASE_PERIOD -> September 1, 2024 To September 28, 2024
The Company - TOTAL_SHARES_PURCHASED -> 112,260
The Company - TOTAL_VALUE_PURCHASED -> 89,074
The Company - HIGHER_THAN -> Effective Tax Rate 2024
The Company - HAS_TOTAL -> $140.8 Billion
The Company - GENERATES -> Ongoing Operations
The Company - HAS_ACCESS_TO -> Debt Markets
The Company - SATISFIES -> Cash Requirements
The Company - ISSUES -> Unsecured Short-Term Promissory Notes
The Company - UTILIZES -> App Store
The Company - DOES_NOT_CONTROL -> Third-Party Applications
The Company - RECOGNIZES_NET_SALES -> Services
The Company - CONCERNED_WITH -> Supply Of Materials And Product
The Company - COMPETES_IN_MARKET -> Wearables
The Company - COMPETES_IN_MARKET -> Accessories
The Company - COMPETES_IN_MARKET -> Smartphones
The Company - COMPETES_IN_MARKET -> Personal Computers
The Company - COMPETES_IN_MARKET -> Tablets
The Company - EVALUATES -> Performance Evaluation
The Company - PROVIDES_INFORMATION_TO -> Chief Operating Decision Maker
The Company - SUBJECT_TO_PROVISIONS -> California
Company'S Operations - DEPEND -> Global And Regional Economic Conditions
Company'S Operations - AFFECT -> Results Of Operations
Company'S Operations - AFFECT -> Financial Condition
Company'S Operations - AFFECT -> Company'S Business
Company'S Operations And Facilities - LOCATED_IN_AREA_PRONE_TO -> Natural Disasters
Company'S Operations And Facilities - LOCATED_IN_AREA_PRONE_TO -> Earthquakes
Business Operations Of Company'S Suppliers And Contract Manufacturers - LOCATED_IN_AREA_PRONE_TO -> Natural Disasters
Company'S Services - COMPETES_WITH -> Competitors
Company'S Service Offerings - AFFECT -> Design And Manufacturing Defects
Alternative Payment Processing For Apps Across The Company’S Operating Systems - COULD_AFFECT -> Company'S Business
Company'S Results - IMPACT -> Financial Condition
Company’S Subsidiaries - LOCATED_IN -> Ireland
Company’S Subsidiaries - LOCATED_IN -> Singapore
Company'S Notes - FAIR_VALUE -> $88.4 Billion
Company'S Notes - FAIR_VALUE -> $90.8 Billion
Company Consolidated 2024 - TOTAL_OPERATING_INCOME -> 123,216
Company Consolidated 2023 - TOTAL_OPERATING_INCOME -> 114,301
Company Consolidated 2022 - TOTAL_OPERATING_INCOME -> 119,437
Public Company Accounting Oversight Board - AUDITED -> Company
The Bank Of New York Mellon Trust Company, N.A. - ROLE -> Trustee
The Company’S Entire Board Of Directors - SUBJECT_TO -> Company’S Bylaws
The Company’S Entire Board Of Directors - REMOVED_BY -> Individual Director
Company'S Board Of Directors - DECLARES_DIVIDENDS_ON -> Common Stock
Company'S Board Of Directors - USES_FOR_DIVIDENDS -> Funds Legally Available For Dividends
The Company’S Common Stock - LISTED_ON -> The Nasdaq Stock Market Llc
Limited Liability Company - BENEFICIARY_OF -> Notes
Bank Of New York Mellon Trust Company, N.A. - HAS -> Commercial Deposits
Bank Of New York Mellon Trust Company, N.A. - HAS -> Custodial Arrangements
Bank Of New York Mellon Trust Company, N.A. - TRUSTEE_UNDER -> Indenture
Bank Of New York Mellon Trust Company, N.A. - AFFILIATED_WITH -> Bnym
Officer Of The Company Subject To Section 16 Of The Exchange Act - WITHHOLDING_OBLIGATIONS_OF -> Company
Company'S Stock - RELATES_TO -> Section 11
Officer Of The Company - SUBJECT_TO -> Section 16 Of The Exchange Act
New Parent Company - SUBSTITUTE -> Original Comparison Group Member
New Parent Company - LIST_OR_TRADE -> National Securities Exchange
Third Parties Assisting The Company - TRANSFER -> Data
Company'S Tsr - FOR -> Performance Period
Company'S Tsr - AMONG -> Comparison Group
Parent Company - MEMBER_OF -> Comparison Group
Apple Insurance Company, Inc. - INCORPORATED_IN -> Arizona, U.S.
Apple Insurance Company, Inc. - SUBSIDIARY_OF -> Apple Inc.
Apple Vietnam Limited Liability Company - INCORPORATED_IN -> Vietnam
Apple Vietnam Limited Liability Company - SUBSIDIARY_OF -> Apple Inc.
db55eb2a5d74f41a9117a268cd30bcfe - MENTIONS -> Smaller Reporting Company
db55eb2a5d74f41a9117a268cd30bcfe - MENTIONS -> Emerging Growth Company
3759269ccf4e3699d7144d2310c5f1eb - MENTIONS -> Shell Company
Registrant - IS_NOT -> Shell Company
Form 10-K - DESCRIBES -> Company
Forward-Looking Statements - NOT_GUARANTEES_OF_FUTURE_PERFORMANCE -> Company
Business Models - COMPETE_WITH -> Company
U.S. - LOCATION -> Company
Technology Industry - INCLUDE -> Company
Industrial Accidents - COULD_DISRUPT -> Company
Industrial Accidents - COULD_HARM_REPUTATION -> Company
Public Safety Measures - CAUSED_DISRUPTIONS -> Company
Competitors - INFRINGE_ON -> Company
Third-Party Intellectual Property - USE -> Company
Developers - LESS_INCLINED_TO_DEVELOP_SOFTWARE -> Company
Third-Party - MAY_COMPETE_WITH_OR_LIMIT_ACCESS_TO_CONTENT -> Company
Malicious Attacks - TARGETS -> Company
Transaction - BENEFITS_LIMITATION -> Company
App Store - CHANGE -> Company
Governmental Authorities - AUDIT -> Company
Payment Card Industry Data Security Standards - STANDARDS_FOR -> Company
Company - REPURCHASE_STOCK -> Company
Company - PAY_DIVIDENDS -> Company
Management - RESPONSIBLE_FOR -> Company
Supplier Trust Team - MANAGE_RISK -> Company
Enterprise Risk Management Program - DESIGNED_FOR -> Company
Commission - INVESTIGATING -> Company
Article 5(4) Investigation - ALLEGES_BREACH_BY -> Company
Cease And Desist Order - CAN_BE_ISSUED_TO -> Company
Fines Up To 10% Of Annual Worldwide Net Sales - CAN_BE_IMPOSED_ON -> Company
Order - WOULD_APPLY_TO -> Company
California District Court - ISSUED_INJUNCTION -> Company
Epic Games, Inc. - DISPUTED_COMPLIANCE_PLAN -> Company
Tsr - DETERMINED_BY -> Company
Ireland - GRANTED_STATE_AID -> Company
State Aid Decision - RECOVER_ADDITIONAL_TAXES -> Company
Apple Inc. - IDENTITY -> Company
Public Company Accounting Oversight Board - AUDITED -> Company
Public Accounting Firm - INDEPENDENT_FROM -> Company
Our - INDEPENDENT_WITH -> Company
2025 Proxy Statement - RELATED_FOR -> Company
Agreement - GOVERNED_BY -> Company
Articles And Bylaws - CONTROL -> Company
10-Percent Shareholder - SHAREHOLDER -> Company
Participant - PARTY_TO -> Company
Participant - NO_RIGHTS -> Company
Participant - EMPLOYED_BY -> Company
Rsus - TERMINATE_AUTOMATICALLY -> Company
Participant - EMPLOYMENT_OR_SERVICE_WITH -> Company
Participant - EMPLOYMENT -> Company
Unstructured data:

text: Note 5 – Property, Plant and Equipment
The following table shows the Company’s gross property, plant and equipment by major asset class and accumulated depreciation as of September 28, 2024
and September 30, 2023 (in millions):
2024 2023
Land and buildings $ 24,690 $ 23,446 
Machinery, equipment and internal-use software 80,205 78,314 
Leasehold improvements 14,233 12,839 
Gross property, plant and equipment 119,128 114,599 
Accumulated depreciation (73,448) (70,884)
Total property, plant and equipment, net $ 45,680 $ 43,715 
Depreciation expense on property, plant and equipment was $8.2 billion, $8.5 billion and $8.7 billion during 2024, 2023 and 2022, respectively.
Note 6 – Consolidated Financial Statement Details
The following tables show the Company’s consolidated financial statement details as of September 28, 2024 and September 30, 2023 (in millions):
Other Non-Current Assets
2024 2023
Deferred tax assets $ 19,499 $ 17,852 
Other non-current assets 55,335 46,906 
Total other non-current assets $ 74,834 $ 64,758 
Other Current Liabilities
2024 2023
Income taxes payable $ 26,601 $ 8,819 
Other current liabilities 51,703 50,010 
Total other current liabilities $ 78,304 $ 58,829#Document 
text: initiatives, adhere to its public statements, comply with federal, state and international environmental, social and governance laws and regulations, or meetevolving and varied stakeholder expectations and standards could result in legal and regulatory proceedings against the Company and materially adverselyaffect the Company’s business, reputation, results of operations, financial condition and stock price.
The technology industry, including, in some instances, the Company, is subject to intense media, political and regulatory scrutiny, which exposesthe Company to increasing regulation, government investigations, legal actions and penalties.
From time to time, the Company has made changes to its App Store, including actions taken in response to litigation, competition, market conditions and legal
and regulatory requirements. The Company expects to make further business changes in the future. For example, in the U.S. the Company has implementedchanges to how developers communicate with consumers within apps on the U.S. storefront of the iOS and iPadOS App Store regarding alternative purchasing
mechanisms.#Document 
text: As a result, the Company believes, in general, gross margins will be subject to volatility and downward pressure.
Operating Expenses
Operating expenses for 2024, 2023 and 2022 were as follows (dollars in millions):
2024 Change 2023 Change 2022
Research and development $ 31,370 5 % $ 29,915 14 % $ 26,251 
Percentage of total net sales 8 % 8 % 7 %
Selling, general and administrative $ 26,097 5 % $ 24,932 (1)% $ 25,094 
Percentage of total net sales 7 % 7 % 6 %
Total operating expenses $ 57,467 5 % $ 54,847 7 % $ 51,345 
Percentage of total net sales 15 % 14 % 13 %
Research and Development
The growth in R&D expense during 2024 compared to 2023 was driven primarily by increases in headcount-related expenses.
Selling, General and Administrative
Selling, general and administrative expense increased $1.2 billion during 2024 compared to 2023.
Apple Inc. | 2024 Form 10-K | 24#Document 
text: Purchases of marketable securities (48,656) (29,513) (76,923)
Proceeds from maturities of marketable securities 51,211 39,686 29,917 
Proceeds from sales of marketable securities 11,135 5,828 37,446 
Payments for acquisition of property, plant and equipment (9,447) (10,959) (10,708)
Other (1,308) (1,337) (2,086)
Cash generated by/(used in) investing activities 2,935 3,705 (22,354)
Financing activities:
Payments for taxes related to net share settlement of equity awards (5,441) (5,431) (6,223)
Payments for dividends and dividend equivalents (15,234) (15,025) (14,841)
Repurchases of common stock (94,949) (77,550) (89,402)
Proceeds from issuance of term debt, net — 5,228 5,465 
Repayments of term debt (9,958) (11,151) (9,543)
Proceeds from/(Repayments of) commercial paper, net 3,960 (3,978) 3,955 
Other (361) (581) (160)
Cash used in financing activities (121,983) (108,488) (110,749)
Increase/(Decrease) in cash, cash equivalents, and restricted cash and cash equivalents (794) 5,760 (10,952)
Cash, cash equivalents, and restricted cash and cash equivalents, ending balances $ 29,943 $ 30,737 $ 24,977 
Supplemental cash flow disclosure:

 === The company's capital expenditure has fluctuated over the past five years, with significant investments in property, plant, and equipment. According to the data, payments for acquisition of property, plant, and equipment were $9,447 million in 2024, $10,959 million in 2023, and $10,708 million in 2022. The company has allocated its CapEx to various strategic initiatives, including research and development, expansion of manufacturing capabilities, and investments in digital infrastructure. However, the specific details of the company's CapEx allocation over the past five years are not provided in the given context.