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AAPL

Apple Inc.
CIK 0000320193 · EDGAR ↗
cleanelevatedtriggeredno dataplanned
11.4
composite · 2 signals · CLEAN

Every card below shows the score and the exact filing data it was computed from — no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded — never a guess.

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Ask follow-up questions about the latest 10-K, with citations verified against the actual text. No account needed.

Investigation memo

Read the AI-generated summary of what stands out across this company's signals.

Signals

P-08 · FY 2026-07-30 · ELEVATED24.0

Insider timing

1 8-K event(s) preceded by clustered Form 4 activity within 14 days
Evidence — inputs and thresholds
{
  "clusters": [
    {
      "event_8k": "2026-04-30",
      "form4_count": 3,
      "form4_dates": [
        "2026-04-17",
        "2026-04-27"
      ]
    }
  ],
  "form4_total_1y": 42,
  "events_8k_1y": 8,
  "window_days": 14,
  "note": "Timing pattern only — direction (buy/sell) requires parsing each Form 4 XML; treat as a read-the-filings triage flag, not an accusation."
}
P-05 · FY 2025-09-27 · CLEAN11.4

Tax arbitrage

ETR 15.6% — within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-10-31)
Evidence — inputs and thresholds
{
  "etr_by_year": {
    "2025-09-27": 0.1561,
    "2024-09-28": 0.2409,
    "2023-09-30": 0.1472
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-09-27": 0.0539,
    "2024-09-28": -0.0309,
    "2023-09-30": 0.0628
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-09-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/320193/000032019325000079/0000320193-25-000079-index.htm",
    "form": "10-K",
    "filed": "2025-10-31"
  }
}
P-09 · FY 2025-10-31 · CLEAN5.8

Narrative divergence

Filing language stable vs prior 10-K
Evidence — inputs and thresholds
{
  "current": {
    "filed": "2025-10-31",
    "tokens": 28223,
    "uncertainty_per_1k": 16.72,
    "negative_per_1k": 9.04,
    "litigious_per_1k": 3.61
  },
  "prior": {
    "filed": "2024-11-01",
    "tokens": 27964,
    "uncertainty_per_1k": 15.95,
    "negative_per_1k": 8.73,
    "litigious_per_1k": 3.15
  },
  "ratios": {
    "uncertainty": 1.049,
    "negative": 1.035
  },
  "method": "Loughran-McDonald dictionary densities (lite subset unless full CSV present)"
}
P-10 · FY 2025-10-31 · CLEAN0.0

M&A pre-signal

No M&A pre-signals detected
Evidence — inputs and thresholds
{
  "sc13d_filings": [],
  "ai_signals": [],
  "quotes_discarded_unverified": 0,
  "ai_status": "ok",
  "method": "Deterministic 13D count + LLM language read (quote-verified)"
}
P-11 · FY 2025-10-31 · CLEAN0.0

Stranded assets

No carbon-exposed asset language detected
Evidence — inputs and thresholds
{
  "exposures": [],
  "ppe_share_of_assets": null,
  "quotes_discarded_unverified": 0
}
P-13 · FY 2023-09-30 · CLEAN0.0

Zombie / distress

[FY2023 data, stale — no more recent EBIT figure in XBRL] Interest coverage 29.06x — servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-10-31)
Evidence — inputs and thresholds
{
  "icr_by_year": {
    "2025-09-27": null,
    "2024-09-28": null,
    "2023-09-30": 29.062,
    "2022-09-24": 40.75
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 2.369,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": 114301000000,
    "interest_expense_t": 3933000000
  },
  "stale": true,
  "latest_filing_period": "2025-09-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/320193/000032019325000079/0000320193-25-000079-index.htm",
    "form": "10-K",
    "filed": "2025-10-31"
  }
}