Is the current financial policy of Apple Inc optimal, considering the current product market environment and economic conditions? Do you have any recommendations to further improve the firm's financial policy?

Capital Structure What is the firm's current capital structure? Does the firm employ a target debt ratio? Who are the firm's largest creditors? What is the maturity and seniority structure of the debt? Has the firm change its financial policies recently? If yes, what are the reasons? Relative to its competitors, is the firm over-levered or under-levered? Why does the firm choose conservative or aggressive financial policies? What are your opinions about the firm's capital structure policies?

Capital Raising Policy Has the firm issued any equity/bond recently? If yes, why did the firm want to issue equity/bond? What was the market response? Provide your comments on the firm's the capital raising policy.

Distribution Policy Does the firm pay dividends? Has it repurchased stocks recently? If yes, describe the significant activities in the past few years and the market response. Provide your comments on the firm's distribution policies. Do you think the firm should initiate (continue, or stop) cash distributions to shareholders?

Important Investment Policy Has the firm made any significant investment recently, e.g. M&A or direct investment? What was the market response? Provide your comments on the firm's investment policy.