Apple (AAPL) risk factors

Item 1A of every Apple Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

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FY2025 10-K risk factors
31 risks1 new4 dropped24 reworded
Apple newly highlighted gross margin volatility and downward pricing pressures across its segments and distribution channels.
Filed Oct 31, 2025
FY2024 10-K risk factors
34 risks
Apple dominates its risk section with reliance on global supply chains, third-party software developers, and complex international regulations.
Filed Nov 01, 2024