DESCRIPTION OF THE NOTES
The following description is a summary of the terms of the notes being offered. The descriptions in this prospectus supplement and the
accompanying prospectus contain descriptions of certain terms of the notes and the indenture dated as of April 29, 2013 (the indenture), between us and The Bank of New York Mellon Trust Company, N.A., as trustee, under which we will
issue the notes, but do not purport to be complete and are subject to, and are qualified in their entirety by reference to, all of the provisions of the indenture that has been filed as Exhibit 4.1 to the Companys registration statement on
Form
S-3
filed on April 29, 2013 (Registration Number
333-188191),
including the definitions of specified terms used in the indenture, and to the Trust Indenture
Act of 1939, as amended. Wherever particular articles, sections or defined terms of the indenture are referred to, it is intended that those articles, sections or defined terms will be incorporated herein by reference, and the statement in
connection with which reference is made is qualified in its entirety by the article, section or defined term in the indenture. This summary supplements the description of the debt securities in the accompanying prospectus and, to the extent it is
inconsistent, replaces the description in the accompanying prospectus. We urge you to read the indenture because it, and not this description, defines your rights as a holder of the notes. For purposes of this description, references to the
Company, we, our and us refer only to Apple Inc. and not to its subsidiaries.
General
The notes (as defined below) will constitute separate series of securities under the indenture referred to below and will be issued only
in fully registered form in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof. The notes will mature on the dates set forth below. The accompanying prospectus describes additional provisions of the notes and of the
indenture. There is no limit on the aggregate principal amount of notes that we may issue under the indenture. We reserve the right, from time to time and without the consent of any holders of the notes, to
re-open
each series of notes on terms identical in all respects to the outstanding notes of such series (except for the date of issuance, the date interest begins to accrue and, in certain circumstances, the
first interest payment date), so that such additional notes will be consolidated with, form a single series with and increase the aggregate principal amount of the notes of such series;
provided
that the additional notes will have a separate
CUSIP number unless: (i) the additional notes are issued within thirteen days of the issuance of the outstanding notes of the original series, (ii) the additional notes are issued pursuant to a qualified reopening of the
outstanding notes of the original series for U.S. federal income tax purposes or (iii) the additional notes are, and the outstanding notes of the original series were, issued without original issue discount for U.S. federal income tax purposes.
Such additional notes will have the same terms as to ranking, redemption, waivers, amendments or otherwise, as the applicable series of notes, and will vote together as one class on all matters with respect to such series of notes.
The % Notes due 2019 (the 2019 Notes) will mature on November ,
2019, the % Notes due 2020 (the 2020 Notes) will mature on November , 2020, the % Notes due 2023 (the 2023 Notes) will mature on
January , 2023, the % Notes due 2025 (the 2025 Notes) will mature on January , 2025, the % Notes due 2027 (the 2027
Notes) will mature on November , 2027 and the % Notes due 2047 (the 2047 Notes and, together with the 2019 Notes, the 2020 Notes, the 2023 Notes, the 2025 Notes and the 2027
Notes, the notes) will mature on November , 2047. The 2019 Notes will bear interest at % per annum, the 2020 Notes will bear interest at % per annum,
the 2023 Notes will bear interest at % per annum, the 2025 Notes will bear interest at % per annum, the 2027 Notes will bear interest at % per annum and the 2047
Notes will bear interest at % per annum. We will pay interest on the 2019 Notes, the 2020 Notes, the 2027 Notes and the 2047 Notes semi-annually in arrears
on and of each year, beginning
on , 2018, and on the applicable maturity date for each series of notes, to the record holders at the close of business on the preceding
or (whether or not such record date is a business day). We will pay interest on the 2023 Notes and
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