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Apple 10K filing shows data on workforce, retail, planned expenses

updated 03:08 pm EDT, Wed October 30, 2013

Company's physical footprint sprawls to 19.1 million square feet

More information has been gleaned from Apple's 10K filing with the SEC. In addition to research budgets, the document also reveals that Apple's workforce is now up to 80,300 full-time employees, a jump from 72,800 at the end of FY2012. Most of the growth came from outside Apple Stores, which added only 400 full-time jobs for a total of 42,800. Apple typically prefers cheaper part-time workers at retail.

26 more Apple Stores were established during FY2013, but average revenue dropped from $51.5 million per store to $50.2 million. The average number of full-time employees also slipped, shrinking from 108.7 to 102.9.

The company's building footprint has grown from 17.3 million square feet to 19.1 million. That includes both owned and leased space, and the 2.6 million square feet where Apple is planning to build Campus 2 in Cupertino. The company owns 1,428 acres of land in all.

Apple's advertising expenses increased from $1 billion to $1.1 billion during the year. Capital expenditures were $7 billion, and are projected to grow to $11 billion in FY2014. Within that forecast, retail spending is only expected to grow 10 percent; manufacturing, corporate facilities, and infrastructure are together seen as costing 60 percent more.




by MacNN Staff

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