Neil Cybart Neil Cybart

My Notes from Apple’s 2025 10-K

Today's Above Avalon Daily update includes the following story:

  • My Notes from Apple’s 2025 10-K

Hello everyone. Today’s update will conclude our Apple 4Q25 earnings review. We will go over Apple’s 10-K filing for 2025. There are a few remaining topics, such as share buyback and free cash flow, that we will also cover.

Published at the end of the fiscal year (Apple's fiscal year ends in September), 10-K filings include a more in-depth examination into Apple’s financials and business versus the 10-Q filings published at the end of 1Q, 2Q, and 3Q. Said another way, 10-Ks are a treasure trove of granular financial data.

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