UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM XX Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934
For the fiscal year ended September 26, 2009 Commission file number 1-6991.

Apple, INC.
(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation or organization) 702 S.W. 8th Street Bentonville, Arkansas (Address of principal executive offices)

71-0415188 (IRS Employer Identification No.)

72716 (Zip Code)

Registrants telephone number, including area code: (479) 273-4000 Securities registered pursuant to Section 12(b) of the Act:

Title of each class Common Stock, par value $0.10 per share

Name of each exchange on which registered New York Stock Exchange

Securities registered pursuant to Section 12(g) of the Act: None

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NotestoFinancialStatements: Revenues: Companygeneratesaccruedincomefromthesaleofproductslikecomputers,mobilephones,mp3 players,etc.andalliedservicesrelatedtothesame. BusinessSegments: Thecompanyrecognizesthefollowing7differentbusinesssegment: MacDesktops MacPortables iPod Othermusicrelatedproductsandservices iPhoneandrelatedproductsandservices Peripheralsandotherhardware Software,serviceandothersales Theunitsales(numberofunitssoldintheaforesaidperiod)dataispublishedonlyfor4different businesssegmentsmarkedinadifferentcolorhere. GeographicRevenue: Themanagementfeelsthatgoingforwardtherevenuesbygeographyforeachquarter(forthenext4 years)willbesplitinthefollowingbreakupAsa%ofTotalRevenue(lookforguidanceofTotalRevenue inthefuturerevenueoutlook):

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RevenueOutlookManagementGuidance: Futurerevenueswillbebasedupontheproductsales(BusinessSegments)thatthecompanygenerates. TheGeographicSegmentsalesarejustbackcalculatedbasedontheproductsales. AccountPayableandReceivables: Theadditionofliquiditydonebythecentralbankerstorevivetheglobaleconomyhasmadeapositive impactontheworldeconomy.Fornowtheworstisbehindus.Thecreditforfundingtheworkingcapital gaphadcompletelydriedforsometimeinthelastfewquarters.Thesituationlooksbetternow.Dueto this the management has taken a decision to maintain the Accounts Receivable as % Revenue and Accountspayableasa%salessame(ascomparedtosamequarterpreviousyear)quarteroverquarter forallquartersofthenext4years. Inventories: ForsimilarreasonsasstatedabovethemanagementhastakenadecisiontomaintaintheInventoriesas a%ofCOGSsame(ascomparedtosamequarterpreviousyear)quarteroverquarterforallquartersof thenext4years. DeferredRevenues: Deferredrevenueisthecollectionofmoneyinadvanceofdeliveryofthegoodsandservicesassociated withtherevenue.Deferredrevenues,representsmoneythecompanyhasalreadybeenpaidforservices thatwillbedeliveredinthefuture. IncaseofApplethecompanyreportsDeferredrevenueinthecurrentliabilitiesandProductDeferred revenueintheLongtermliabilitiessectionofthebalancesheet.Historicallythecompanyisdoinggood numbers,asreflectedbytheratioChangeinDeferredRevenueas%ofRevenuesinthebalancesheet. Managementfeelsthatgoingforwardforallthequartersofthenext4yearsChangeinDeferred Revenueas%ofRevenuesisexpectedtobe15%asofquarterlyincome.OftheTotalchangein deferredrevenue2/3willbereportedasadditionsintheDeferredrevenueitemofthecurrent liabilitiesofthecompanyandtheremaining1/3willbereflectedasadditionsintheProductDeferred Revenuelineitemofthelongtermliabilities.(AllbalancesheetlineitemsshouldbeforecastedasLast Periodamount+changeinthisperiod)

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Valuation: AppleInctradesonNYSEat$188.75.S&P500isgenerallytakenasthebenchmarkindex.Thebetafor Applecalculatedonthebasisofweeklyreturnsforthepast52weeksis1.5.Theaverageriskpremium aspertheS&P500is6%.10yeargovernmentbondsaretradingat3%. Forvaluationpurposeoneshouldrefertothelastreportedvaluesofthefollowinglineitems. DilutedShares(Annual2009) Cash&CashEquivalents Debt=ShortTermDebt+LongtermDebt AllTheBest

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