根据1934年证券交易法第13条或第15(d)条提交的年度报告（截至2025年9月27日财年）

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days. Yes☒No Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required tosubmit such files). Yes☒No Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filer Accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the Registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting☒ Indicateby check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ The aggregate market value of the voting and non-voting stock held by non-affiliates of the Registrant, as of March 28, 2025, the last businessday of the Registrant’s most recently completed second fiscal quarter, was approximately $3,253,431,000,000. Solely for purposes of thisdisclosure, shares of common stock held by executive officers and directors of the Registrant as of such date have been excluded because such 14,776,353,000 shares of common stock were issued and outstanding as of October 17, 2025. DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant’s definitive proxy statement relating to its 2026 annual meeting of shareholders are incorporated by reference into PartIII of this Annual Report on Form 10-K where indicated. The Registrant’s definitive proxy statement will be filed with the U.S. Securities andExchange Commission within 120 days after the end of the fiscal year to which this report relates. Apple Inc.Form 10-KFor the Fiscal Year Ended September 27, 2025TABLE OF CONTENTS This Annual Report on Form 10-K (“Form 10-K”) contains forward-looking statements, within the meaning of the PrivateSecurities Litigation Reform Act of 1995, that involve risks and uncertainties. Many of the forward-looking statements arelocated in Part I, Item 1 of this Form 10-K under the heading “Business” and Part II, Item 7 of this Form 10-K under the heading“Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Forward-looking statementsprovide current expectations of future events based on certain assumptions and include any statement that does not directlyrelate to any historical or current fact. For example, statements in this Form 10-K regarding the potential future impact ofmacroeconomic conditions and tariffs and other measures on the Company’s business and results of operations are forward- Unless otherwise stated, all information presented herein is based on the Company’s fiscal calendar, and references toparticular years, quarters, months or periods refer to the Company’s fiscal years ended in September and the associated PART I Item 1.Business Company Background The Company designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, andsells a variety of related services. The Company’s fiscal year is the 52- or 53-week period that ends on the last Saturday ofSeptember. Products iPhone iPhone®is the Company’s line of smartphones based on its iOS operating system. The iPhone line includes iPhone 17 Pro,iPhone Air™, iPhone 17, iPhone 16 and iPhone 16e. Mac Mac®is the Company’s line of personal computers based on its macOS®operating system. The Mac line includes laptopsMacBook Air®and MacBook Pro®, as well as desktops iMac®, Mac mini®, Mac Studio®and Mac Pro®. iPad iPad®is the Company’s line of multipurpose tablets based on its iPadOS®operating system. The iPad line includes iPad Pro®, Wearables,