Apple Inc. is a US-listed consumer technology company with an integrated ecosystem
spanning hardware (iPhone, Mac, iPad and wearables), software platforms and a growing
services segment. The business is typically driven by device upgrade cycles, pricing
and mix, geographic demand trends and supply chain execution, while margins and cash
generation are influenced by services penetration, product cost structure and foreign
exchange. Shareholder returns are commonly supported by substantial free cash flow,
capital returns (buybacks/dividends) and a balance sheet managed for liquidity and
flexibility, making AAPL a widely followed large-cap benchmark within US equities.