Prospectus Supplement
(To Prospectus dated November 5, 2018)
$8,500,000,000
Apple Inc.
$2,000,000,000 0.750% Notes due 2023
$2,250,000,000
1.125% Notes due 2025
$1,750,000,000 1.650% Notes due 2030
$2,500,000,000 2.650% Notes due 2050
We are offering
$2,000,000,000 of our 0.750% Notes due 2023 (the 2023 Notes), $2,250,000,000 of our 1.125% Notes due 2025 (the 2025 Notes), $1,750,000,000 of our 1.650% Notes due 2030 (the 2030 Notes) and
$2,500,000,000 of our 2.650% Notes due 2050 (the 2050 Notes and, together with the 2023 Notes, the 2025 Notes and the 2030 Notes, the notes).
We will pay interest on the 2023 Notes, the 2025 Notes, the 2030 Notes and the 2050 Notes semi-annually in arrears on May 11 and November 11 of each year,
beginning on November 11, 2020. The 2023 Notes will mature on May 11, 2023, the 2025 Notes will mature on May 11, 2025, the 2030 Notes will mature on May 11, 2030 and the 2050 Notes will mature on May 11, 2050.
We may redeem the notes in whole or in part at any time or from time to time at the redemption prices described under the heading Description of the
NotesOptional Redemption in this prospectus supplement. The notes will be issued only in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof.
See Risk Factors beginning on page S-6 to read about important
factors you should consider before buying the notes.
Neither the Securities
and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus supplement or the accompanying prospectus. Any representation to the contrary is a
criminal offense.
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Public Offering Price(1)
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Underwriting Discounts
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Proceeds to Apple,
Before Expenses
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Per Note
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Total
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Per Note
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Total
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Per Note
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Total
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2023 Note
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99.728
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%
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$
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1,994,560,000
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0.100
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%
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$
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2,000,000
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99.628
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%
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$
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1,992,560,000
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2025 Note
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99.821
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%
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$
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2,245,972,500
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0.120
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%
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$
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2,700,000
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99.701
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%
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$
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2,243,272,500
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2030 Note
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99.296
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%
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$
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1,737,680,000
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0.200
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%
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$
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3,500,000
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99.096
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%
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$
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1,734,180,000
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2050 Note
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98.571
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%
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$
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2,464,275,000
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0.400
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%
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$
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10,000,000
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98.171
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%
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$
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2,454,275,000
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(1)
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Plus accrued interest, if any, from May 11, 2020.
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We do not intend to apply for listing of any series of the notes on any securities exchange. Currently, there is no public trading market for any series
of the notes.
The underwriters expect to deliver the notes through the book-entry delivery system of The Depository Trust Company and its direct
participants, including Clearstream Banking S.A. and Euroclear Bank SA/NV, on or about May 11, 2020, which is the fifth business day following the date of this prospectus supplement. This settlement date may affect trading of the notes. See
Underwriting.
Joint Book-Running Managers
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Goldman Sachs & Co. LLC
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BofA Securities
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J.P. Morgan
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Morgan Stanley
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Barclays
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Deutsche Bank Securities
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Co-Managers
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Academy Securities
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Loop Capital Markets
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Mischler Financial Group, Inc.
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R. Seelaus & Co., LLC
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Siebert Williams Shank
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Prospectus Supplement dated May 4, 2020.