Apple 2022 10-K Takeaways (Daily Update)
Today's Above Avalon daily update includes Neil’s key takeaways from Apple's annual 10-K filing for 2022. The update covers 19 Apple financial topics.
Hello everyone.
We conclude our Apple 4Q22 earnings review with Apple’s 10-K filing for FY2022. 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.
Apple 2022 10-K Takeaways
Share Buyback. Here is quarterly data from the past three years for Apple's share buyback via open market transactions:
4Q19: $17.9B. Average repurchase price per share: $52.20.
1Q20: $10.0B. Average repurchase price per share: $62.55.
2Q20: $18.5B. Average repurchase price per share: $71.67.
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