Pros
I have been working in IS&T just over an year. When I joined the company I was pretty skeptical about this Apple wing following the reviews about it before but after the first year I am pretty darn proud to have actually joined it. The people I work with are top performers and all ENGINEERS. We have the highest engineering strength in the IS&T Org. which was not the case a few years back. This has improved both employee motivation and deliverables. IS&T is now more engineering focussed than ever which is evident from the number of Apple employees in the team now. ... and the compensation is one thing at start that you expect good from company like Apple but to get an year end stock bonus, cash bonus and salary increase and all together is just top notch. Also earlier in the year all employees got BEATS headphones in the annual Working hours are fine too, yes ! you work hard at times but thats just part of dev cycle. Nothing out of ordinary.
Cons
No freebies, No Free Food - Yes we do get small parties here and there but I think Apple expects to spend out of your pocket to cover for it. They have stopped giving Apples in cafeteria :) ( Well that one is just due to drought )