Apple TV+ wins Academy Award for Best Animated Short Film The Boy, the Mole, the Fox and the Horse

Academy of Motion Picture Arts and Sciences recognizes Apple Original film that honors the strength of our shared humanity

This evening, the Academy of Motion Picture Arts and Sciences honors Apple Original Film The Boy, the Mole, the Fox and the Horse with the Oscar for Best Animated Short Film, at the 95th Annual Academy Awards ceremony in Los Angeles.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230312005069/en/

The Academy of Motion Picture Arts and Sciences honors Apple Original Film The Boy, the Mole, the Fox and the Horse with the Oscar for Best Animated Short Film. (Photo: Business Wire)

"We are so proud of Charlie and the brilliant team who brought The Boy, the Mole, the Fox and the Horse to the screen and we sincerely thank the Academy for tonight's recognition," said Zack Van Amburg, Apple's head of Worldwide Video. "This powerful story has deeply affected audiences around the world and has shown that no matter what age you are or where you live, it's never too late to spread more compassion, empathy, and kindness in our daily lives. Congratulations to everyone involved, including our teams across the globe. We are all celebrating with you tonight."

" The Boy, the Mole, the Fox and the Horse shines a light on the magic of discovering connection in unexpected places, and we are honored that the Academy has awarded this beautifully moving film tonight," said Jamie Erlicht, Apple's head of Worldwide Video. "Bringing Charlie's visually stunning world to such vibrant animated life, this short reinforces the strength that can be found in our common humanity and we toast the entire creative team on this uplifting cinematic achievement."

Oscar winner The Boy, the Mole, the Fox and the Horse , based on the beloved book by Charlie Mackesy, has been hailed as a "deep and stunning work of art" (Collider) "translating the exquisite illustrations into hand-drawn animation" (IndieWire), while telling a poignant "tale of love and hope" that is "half an hour of unmitigated joy" (The Independent). The acclaimed film was also recently honored with a BAFTA Film Award win, four Annie Awards including Best Special Production, and an NAACP Image Awards nomination for Outstanding Short Form (Animated) film.

Apple made history in 2022, landing three Academy Awards from the Academy of Motion Picture Arts and Sciences for CODA , with the first-ever win by a streamer for Best Picture, alongside awards for Best Supporting Actor for Troy Kotsur, and Best Adapted Screenplay for Siân Heder. CODA was also the first motion picture starring a predominantly Deaf cast in leading roles to win Best Picture; Troy Kotsur, the first Deaf male actor to win Best Supporting Actor; and writer-director Siân Heder landed her first-ever Academy Award for Best Adapted Screenplay.

To date, Apple Original films, documentaries, and series have earned 345 wins and 1,421 award nominations and counting, including multi-Emmy Award-winning comedy Ted Lasso and Oscar Best Picture winner CODA .

The Boy, the Mole, the Fox and the Horse

The poignant journey follows the unlikely friendship of a boy, a mole, a fox, and a horse traveling together in the boy's search for home. The film, featuring Mackesy's distinctive illustrations brought to life in full color with beautiful hand-drawn animation, stars Tom Hollander as The Mole, Idris Elba as The Fox, Gabriel Byrne as The Horse, and newcomer Jude Coward Nicoll as The Boy.

The Charlie Mackesy film is produced by Matthew Freud, Academy Award nominee Cara Speller ( Pear Cider and Cigarettes ) of NoneMore Productions, and J.J. Abrams and Hannah Minghella of Bad Robot Productions. Directed by Peter Baynton ( The Tiger Who Came to Tea ) and Mackesy, the film is adapted from the original book in collaboration with Jon Croker ( Paddington 2 ). The film is executive produced by Jony Ive and Academy Award nominee Woody Harrelson ( Three Billboards Outside Ebbing, Missouri ). Original score is by composer Isobel Waller-Bridge, performed by the BBC Concert Orchestra and conducted by Geoff Alexander. The film is presented in partnership with the BBC.

The Boy, the Mole, the Fox and the Horse is currently streaming on Apple TV+.

Apple TV+ offers premium, compelling drama and comedy series, feature films, groundbreaking documentaries, and kids and family entertainment, and is available to watch across everyone's favorite screens. After its launch on November 1, 2019, Apple TV+ became the first all-original streaming service to launch around the world, and has premiered more original hits and received more award recognitions faster than any other streaming service in its debut.

About Apple TV+

Apple TV+ is available on the Apple TV app in over 100 countries and regions, on over 1 billion screens, including iPhone, iPad, Apple TV, Mac, popular smart TVs from Samsung, LG, Sony, VIZIO, TCL and others, Roku and Amazon Fire TV devices, Chromecast with Google TV, PlayStation and Xbox gaming consoles, and at tv.apple.com , for $6.99 per month with a seven-day free trial. For a limited time, customers who purchase and activate a new iPhone, iPad, Apple TV, Mac or iPod touch can enjoy three months of Apple TV+ for free.

For more information, visit apple.com/tvpr and see the full list of supported devices .

View source version on businesswire.com: https://www.businesswire.com/news/home/20230312005069/en/

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Counsel for Plaintiffs:	Counsel for Defendants:

Craig W. Smith ROBBINS LLP 5060 Shoreham Place, Suite 300 San Diego, CA 92122 Telephone: (619) 525-3990 csmith@robbinsllp.com	James N. Kramer Orrick, Herrington & Sutcliffe LLP 405 Howard Street San Francisco, CA 94105 Telephone: (415) 773-5900 jkramer@orrick.com

David C. Katz Weiss Law 305 Broadway, 7th Floor New York, NY 10007 Telephone: (212) 682-3025 dkatz@weisslawllp.com

Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In millions, except number of shares, which are reflected in thousands, and per-share amounts)

	Three Months Ended				Six Months Ended
	March 30, 2024		April 1, 2023		March 30, 2024		April 1, 2023
Net sales:
Products	$	66,886	$	73,929	$	163,344	$	170,317
Services		23,867		20,907		46,984		41,673
Total net sales ⁽¹⁾		90,753		94,836		210,328		211,990
Cost of sales:
Products		42,424		46,795		100,864		107,560
Services		6,058		6,065		12,338		12,122
Total cost of sales		48,482		52,860		113,202		119,682
Gross margin		42,271		41,976		97,126		92,308

Operating expenses:
Research and development		7,903		7,457		15,599		15,166
Selling, general and administrative		6,468		6,201		13,254		12,808
Total operating expenses		14,371		13,658		28,853		27,974

Operating income		27,900		28,318		68,273		64,334
Other income/(expense), net		158		64		108		(329	)
Income before provision for income taxes		28,058		28,382		68,381		64,005
Provision for income taxes		4,422		4,222		10,829		9,847
Net income	$	23,636	$	24,160	$	57,552	$	54,158

Earnings per share:
Basic	$	1.53	$	1.53	$	3.72	$	3.42
Diluted	$	1.53	$	1.52	$	3.71	$	3.41
Shares used in computing earnings per share:
Basic		15,405,856		15,787,154		15,457,810		15,839,939
Diluted		15,464,709		15,847,050		15,520,675		15,901,384

⁽¹⁾ Net sales by reportable segment:
Americas	$	37,273	$	37,784	$	87,703	$	87,062
Europe		24,123		23,945		54,520		51,626
Greater China		16,372		17,812		37,191		41,717
Japan		6,262		7,176		14,029		13,931
Rest of Asia Pacific		6,723		8,119		16,885		17,654
Total net sales	$	90,753	$	94,836	$	210,328	$	211,990

⁽¹⁾ Net sales by category:
iPhone	$	45,963	$	51,334	$	115,665	$	117,109
Mac		7,451		7,168		15,231		14,903
iPad		5,559		6,670		12,582		16,066
Wearables, Home and Accessories		7,913		8,757		19,866		22,239
Services		23,867		20,907		46,984		41,673
Total net sales	$	90,753	$	94,836	$	210,328	$	211,990

Apple Inc. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except number of shares, which are reflected in thousands, and par value)

	March 30, 2024			September 30, 2023
ASSETS:
Current assets:
Cash and cash equivalents	$	32,695		$	29,965
Marketable securities		34,455			31,590
Accounts receivable, net		21,837			29,508
Vendor non-trade receivables		19,313			31,477
Inventories		6,232			6,331
Other current assets		13,884			14,695
Total current assets		128,416			143,566

Non-current assets:
Marketable securities		95,187			100,544
Property, plant and equipment, net		43,546			43,715
Other non-current assets		70,262			64,758
Total non-current assets		208,995			209,017
Total assets	$	337,411		$	352,583

LIABILITIES AND SHAREHOLDERS' EQUITY:
Current liabilities:
Accounts payable	$	45,753		$	62,611
Other current liabilities		57,298			58,829
Deferred revenue		8,012			8,061
Commercial paper		1,997			5,985
Term debt		10,762			9,822
Total current liabilities		123,822			145,308

Non-current liabilities:
Term debt		91,831			95,281
Other non-current liabilities		47,564			49,848
Total non-current liabilities		139,395			145,129
Total liabilities		263,217			290,437

Commitments and contingencies

Shareholders' equity:
Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 15,337,686 and 15,550,061 shares issued and outstanding, respectively		78,815			73,812
Retained earnings/(Accumulated deficit)		4,339			(214	)
Accumulated other comprehensive loss		(8,960	)		(11,452	)
Total shareholders' equity		74,194			62,146
Total liabilities and shareholders' equity	$	337,411		$	352,583

Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions)

	Six Months Ended
	March 30, 2024			April 1, 2023
Cash, cash equivalents and restricted cash, beginning balances	$	30,737		$	24,977

Operating activities:
Net income		57,552			54,158
Adjustments to reconcile net income to cash generated by operating activities:
Depreciation and amortization		5,684			5,814
Share-based compensation expense		5,961			5,591
Other		(1,971	)		(1,732	)
Changes in operating assets and liabilities:
Accounts receivable, net		7,727			9,596
Vendor non-trade receivables		12,164			14,785
Inventories		53			(2,548	)
Other current and non-current assets		(4,438	)		(4,092	)
Accounts payable		(16,710	)		(20,764	)
Other current and non-current liabilities		(3,437	)		1,757
Cash generated by operating activities		62,585			62,565

Investing activities:
Purchases of marketable securities		(25,042	)		(11,197	)
Proceeds from maturities of marketable securities		27,462			17,124
Proceeds from sales of marketable securities		4,314			1,897
Payments for acquisition of property, plant and equipment		(4,388	)		(6,703	)
Other		(729	)		(247	)
Cash generated by investing activities		1,617			874

Financing activities:
Payments for taxes related to net share settlement of equity awards		(2,875	)		(2,734	)
Payments for dividends and dividend equivalents		(7,535	)		(7,418	)
Repurchases of common stock		(43,344	)		(39,069	)
Repayments of term debt		(3,150	)		(3,651	)
Repayments of commercial paper, net		(3,982	)		(7,960	)
Other		(132	)		(455	)
Cash used in financing activities		(61,018	)		(61,287	)

Increase in cash, cash equivalents and restricted cash		3,184			2,152
Cash, cash equivalents and restricted cash, ending balances	$	33,921		$	27,129

Supplemental cash flow disclosure:
Cash paid for income taxes, net	$	14,531		$	4,894


Dated: May 3, 2024	By Order of the Court United States District Court Northern District of California, Oakland Division

Apple TV+ wins Academy Award for Best Animated Short Film The Boy, the Mole, the Fox and the Horse

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