Pros
Great pay, benefits, and work environment.
Cons
If you have greater aspirations and dreams, it gets easy to lose sight of them since the job is very good. I know many people who end up working there for 3, 5, and even 10 years, who had dreams of being an actor or lawyer but just got comfortable in the pay and benefits and couldn't just leave. It's like you get just enough to live so you have to keep working, but it's not enough to justify risking for something that might not even happen. Don't get me wrong, it's a great job, a lot of people stay because they are content and like it. And if you want to work at Apple and climb up the ranks it is possible and encouraged. However, if you think that you'll work here for a couple months as a pit stop on the road to your goal, be careful because it can suck you in. Every person and situation is different, but I've seen this same thing far too much, and I almost fell victim to it myself.