There are three constants in modern life:
Death, Taxes, and iPhone Rumors
Rumors are often exciting news for people following the Cupertino-based tech titan. But at the end of the day only facts count.
As the leading industrial nation the USA developed rules for financial reports which are basically overtaken by other countries (even Germany, the country which is well-known for it’s very special and complex legislation not really understood by normal people). The responsible commission in the USA is the SEC (U.S. Securities and Exchange Commission).
The laws and rules that govern the securities industry not only in the United States but also in all other industrialized countries derive from a simple and straightforward concept:
All investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to buying it, and so long as they hold it.
To achieve this, the SEC requires public companies to disclose meaningful financial and other information to the public.
You aren’t an investor?
That doesn’t matter. Apple’s SEC filings are most often a good reading. Many filings are quite long, others without interesting information. So it’s good to know about some nomenclature for your personal information filter.
About a reliable source of information
You can follow be the app under
SEC Filing Alerts by Luminant Software, Inc
About Apple’s corresponding website
Thanks for reading.