Here are the 424B prospectus supplements from Apple Inc. (AAPL) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AAPL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AAPL filings page.
Apple Inc. (AAPL) is offering $7,500,000,000 aggregate principal amount of seven series of notes: two floating-rate series due in 2028 and 2029, and five fixed-rate series due from 2028 through 2036. The floating-rate notes reset quarterly at Compounded SOFR plus 0.33% or 0.45%; fixed-rate coupons are 4.650%, 4.750%, 4.900%, 5.100% and 5.350%. Interest payments begin in 2027, quarterly for floating-rate notes and semi-annually for fixed-rate notes. The original issue date is November 9, 2026.
Apple estimates net proceeds of approximately $7.47 billion after underwriting discounts and offering expenses, for general corporate purposes including share repurchases, dividends, working capital, capital expenditures, acquisitions and debt repayment. The notes are senior unsecured obligations, structurally subordinated to liabilities of subsidiaries and effectively subordinated to secured debt to the extent of its collateral. The indenture has no financial covenants; Apple does not intend to list the notes on an exchange, and no established trading market exists for them.
Apple Inc. is offering floating-rate notes due in 2028 and 2029 and fixed-rate notes due in 2028, 2029, 2031, 2033 and 2036; the preliminary terms are subject to completion. The floating-rate notes reset quarterly based on Compounded SOFR, while interest on the fixed-rate notes is paid semi-annually. Apple cannot redeem the floating-rate notes before maturity and may redeem fixed-rate notes under the stated terms. The notes rank equally with Apple’s other senior unsecured, unsubordinated debt, but are structurally subordinated to subsidiary liabilities and effectively subordinated to secured debt to the extent of the assets securing it.
Apple intends to use net proceeds for general corporate purposes, including common-stock repurchases, dividends, working capital, capital expenditures, acquisitions and debt repayment. The notes are a new issue with no established trading market, and Apple does not intend to seek exchange listing. Underwriters currently intend to make a market but are not obligated to do so and may discontinue market-making at any time.