AAPL · 10-K · 2025A · Full report

FX / Currency Headwinds

Apple Inc. · 2025-10-31 · Importance 25 · Surprise 6

The filing states that weakness in foreign currencies relative to the U.S. dollar had an unfavorable year‑over‑year impact on Americas net sales during fiscal 2025. Apple identifies currency movements as a direct driver of segment revenue presentation and a contributor to comparability effects versus prior periods. While net sales in the Americas were $178,353 million in 2025, management notes FX as an unfavorable factor in the year-over-year comparison. The disclosure treats FX as an ongoing source of volatility for reported sales across geographies.

Key facts

• The weakness in foreign currencies relative to the U.S. dollar had an unfavorable year-over-year impact on Americas net sales during 2025. source