Apple's 2012 Annual Report: More Employees, More Office Space, More Sales

NewImageApple today filed its 2012 annual report with the U.S. Securities and Exchange Commission, and the document reveals a few interesting tidbits of information:

- Apple now has 72,800 "full-time equivalent" employees, up from 60,400 last year. The company also went from employing 2,900 "full-time equivalent" temporary employees and contractors to 3,300. 42,400 "full-time equivalent" employees are in the retail division, up from 36,000 last year.

- Apple went from 357 stores at the end of fiscal 2011 to 390 stores at the end of fiscal 2012, up 33 from the year prior. Apple earned an average of $51.5 million per store, up from $43.3 million last year. The average number of "full-time equivalent" employees per store grew from 100.8 to 108.7. Apple expects to open 30-35 new stores in 2013, with 75% of those located outside the US.

The Company’s headquarters are located in Cupertino, California. As of September 29, 2012, the Company owned or leased approximately 17.3 million square feet of building space, primarily in the U.S., and to a lesser extent, in Europe, Japan, Canada, and the Asia-Pacific regions. Of that amount approximately 10.9 million square feet was leased building space, which includes approximately 4.1 million square feet related to retail store space. Of the Company’s owned building space, approximately 2.6 million square feet that is located in Cupertino, California will be demolished to build a second corporate campus. Additionally, the Company owns a total of 1,077 acres of land in various locations.

As of September 29, 2012, the Company owned a manufacturing facility in Cork, Ireland that also housed a customer support call center and facilities in Elk Grove, California that included warehousing and distribution operations and a customer support call center. The Company also owned land in Austin, Texas where it will build office space and a customer support call center. In addition, the Company owned facilities for research and development and corporate functions in Cupertino, California, including land for the future development of the Company’s second corporate campus. The Company also owned data centers in Newark, California; Maiden, North Carolina; and Prineville, Oregon. Outside the U.S., the Company owned additional facilities for various purposes.

- As this document is designed mainly for prospective and current investors in the company, Apple also lists a number of risk factors that could affect investments in the company. These include "[Apple] could be found to have infringed on intellectual property rights", the ability to "successfully manage frequent product introductions and transitions", "the Company’s ability to obtain components in sufficient quantities", and numerous more.

- Unlike last year, when Apple said it had no plans to pay a dividend, the company now "expects to pay quarterly dividends in the future."

The document is thick with financial information, including breakdowns of all sorts related to how the company makes money, invests its money, and pays taxes, among other things.

Top Rated Comments

JDee Avatar
149 months ago
Apple now has 42,800 "full-time equivalent" employees, up from 60,400 last year.

Nice proof-reading.
Score: 8 Votes (Like | Disagree)
GSPice Avatar
149 months ago
I'm sorry if I came across as rude.




;)
Score: 7 Votes (Like | Disagree)
kdarling Avatar
149 months ago
$515,000 sales per full-time employee...not bad!

Too bad the sales folk don't get commission. They could be rich instead of being stuck in a job with almost no chance of promotion.

That's a lot of Jobs. The overseas manufacturing can be looked past considering how many people are putting food on the table because of Apple products.

That's not a lot of jobs, especially compared to other companies with similar revenue, who easily employ four to ten times as many. Compare Apple to the top 50 (http://www.statisticbrain.com/u-s-largest-employers/) largest employers in the US. Or the top 10 (http://247wallst.com/2011/04/24/americas-ten-largest-employers/2/).

But yes, it's better than a poke in the eye :)
Score: 6 Votes (Like | Disagree)
StuddedLeather Avatar
149 months ago
Nice proof-reading.

The thread isn't even 5 minutes old yet and this is the first post. Lol you have to love this place. So strict :D
Score: 5 Votes (Like | Disagree)
Will do good Avatar
149 months ago
Too bad the sales folk don't get commission. They could be rich instead of being stuck in a job with almost no chance of promotion.

I wouldn't want sales people up sell me every time I walk into a Apple store.
If they are un-happy at Apple they should look for abetter pay job else where. As you say, it's better than a poke in the eye :D
Score: 4 Votes (Like | Disagree)
Popeye206 Avatar
149 months ago
check the ebay part departament. Massive unibody macbook's magsafe board, and motherboard problems. Most apple sales come from software and apps. The only pieces of hardware, that are somehow OK : iphone, mac pro and imac. Apple almost left portable laptop market, since products are so flawed.

Yeah, I agree... the laptops are junk. I can only get about 5 years of daily use out of them before they have to be replaced. Sucks! :rolleyes:
Score: 4 Votes (Like | Disagree)

Popular Stories

reset password request iphone

Warning: Apple Users Targeted in Phishing Attack Involving Rapid Password Reset Requests

Tuesday March 26, 2024 4:34 pm PDT by
Phishing attacks taking advantage of Apple's password reset feature have become increasingly common, according to a report from KrebsOnSecurity. Multiple Apple users have been targeted in an attack that bombards them with an endless stream of notifications or multi-factor authentication (MFA) messages in an attempt to cause panic so they'll respond favorably to social engineering. An...
Generic iOS 18 Feature Purple

iOS 18: What to Expect From 'Biggest' Update in iPhone's History

Wednesday March 27, 2024 11:10 am PDT by
At least some Apple software engineers continue to believe that iOS 18 will be the "biggest" update in the iPhone's history, according to Bloomberg's Mark Gurman. Below, we recap rumored features and changes for the iPhone. "The iOS 18 update is expected to be the most ambitious overhaul of the iPhone's software in its history, according to people working on the upgrade," wrote Gurman, in a r...
maxresdefault

Apple to Launch New iPad Pro and iPad Air Models in May

Thursday March 28, 2024 11:07 am PDT by
Apple will introduce new iPad Pro and iPad Air models in early May, according to Bloomberg's Mark Gurman. Gurman previously suggested the new iPads would come out in March, and then April, but the timeline has been pushed back once again. Subscribe to the MacRumors YouTube channel for more videos. Apple is working on updates to both the iPad Pro and iPad Air models. The iPad Pro models will...
maxresdefault

Apple Announces WWDC 2024 Event for June 10 to 14

Tuesday March 26, 2024 10:02 am PDT by
Apple today announced that its 35th annual Worldwide Developers Conference is set to take place from Monday, June 10 to Friday, June 14. As with WWDC events since 2020, WWDC 2024 will be an online event that is open to all developers at no cost. Subscribe to the MacRumors YouTube channel for more videos. WWDC 2024 will include online sessions and labs so that developers can learn about new...
apple maps 3d feature

Apple Maps May Gain Custom Routes With iOS 18

Tuesday March 26, 2024 3:10 pm PDT by
Apple may be planning to add support for "custom routes" in Apple Maps in iOS 18, according to code reviewed by MacRumors. Apple Maps does not currently offer a way to input self-selected routes, with Maps users limited to Apple's pre-selected options, but that may change in iOS 18. Apple has pushed an iOS 18 file to its maps backend labeled "CustomRouteCreation." While not much is revealed...
General iOS 17 Feature Orange Purple

Apple Releases Revised Versions of iOS 17.4.1 and iPadOS 17.4.1 With Updated Build Number

Wednesday March 27, 2024 5:59 am PDT by
Apple on late Tuesday released revised versions of iOS 17.4.1 and iPadOS 17.4.1 with an updated build number of 21E237, according to MacRumors contributor Aaron Perris. The updates previously had a build number of 21E236. The revised updates are available for all iPhone and iPad models that are compatible with iOS 17 and iPadOS 17, but they can only be installed via the Finder app on macOS...
applephilschiller

Apple's Phil Schiller Works 80 Hours a Week Overseeing App Store

Wednesday March 27, 2024 2:03 pm PDT by
With the App Store and app ecosystem undergoing major changes in the European Union, The Wall Street Journal today shared a profile on App Store chief Phil Schiller, who is responsible for the App Store. Though Schiller transitioned from marketing chief to "Apple Fellow" in 2020 to take a step back from Apple and spend more time on personal projects and friends, he is reportedly working...