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live and on-demand audio and video streaming. The live webcast will begin<br />
at 2:00 p.m. PDT on Wednesday, April 23, 2008 at<br />
<a href="http://www.apple.com/quicktime/qtv/earningsq208/" title="www.apple.com/quicktime/qtv/earningsq208/">www.apple.com/quicktime/qtv/earningsq208/</a> and will also be available for<br />
replay.</p>
<p>This press release contains forward-looking statements about the Company's<br />
estimated revenue and earnings per share. These statements involve risks<br />
and uncertainties, and actual results may differ. Risks and uncertainties<br />
include potential litigation from the matters investigated by the special<br />
committee of the board of directors and the restatement of the Company's<br />
consolidated financial statements; unfavorable results of other legal<br />
proceedings; the effect of competitive and economic factors, and the<br />
Company's reaction to those factors, on consumer and business buying<br />
decisions with respect to the Company's products; war, terrorism, public<br />
health issues, and other circumstances that could disrupt supply, delivery,<br />
or demand of products; continued competitive pressures in the marketplace;<br />
the Company's reliance on sole service providers for iPhone in certain<br />
countries; the continued availability on acceptable terms of certain<br />
components and services essential to the Company's business currently<br />
obtained by the Company from sole or limited sources; the ability of the<br />
Company to deliver to the marketplace and stimulate customer demand for new<br />
programs, products, and technological innovations on a timely basis; the<br />
effect that product transitions, changes in product pricing or mix, and/or<br />
increases in component costs could have on the Company's gross margin; the<br />
effect that product quality problems could have on the Company's sales and<br />
operating profits; the inventory risk associated with the Company's need to<br />
order or commit to order product components in advance of customer orders;<br />
the effect that the Company's dependency on manufacturing and logistics<br />
services provided by third parties may have on the quality, quantity or<br />
cost of products manufactured or services rendered; the Company's<br />
dependency on the performance of distributors and other resellers of the<br />
Company's products; the Company's reliance on the availability of<br />
third-party digital content; and the potential impact of a finding that the<br />
Company has infringed on the intellectual property rights of others. More<br />
information on potential factors that could affect the Company's financial<br />
results is included from time to time in the Company's public reports filed<br />
with the SEC, including the Company's Form 10-K for the fiscal year ended<br />
September 29, 2007, its Form 10-Q for the quarter ended December 29, 2007,<br />
and its Form 10-Q for the quarter ended March 29, 2008 to be filed with the<br />
SEC. The Company assumes no obligation to update any forward-looking<br />
statements or information, which speak as of their respective dates.</p>
<p>Apple ignited the personal computer revolution in the 1970s with the Apple<br />
II and reinvented the personal computer in the 1980s with the Macintosh.<br />
Today, Apple continues to lead the industry in innovation with its<br />
award-winning computers, OS X operating system and iLife and professional<br />
applications. Apple is also spearheading the digital media revolution with<br />
its iPod portable music and video players and iTunes online store, and has<br />
entered the mobile phone market with its revolutionary iPhone.</p>
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