Tidbits from Apple's 2011 annual filing: Lots of growth
Apple's annual filing with the SEC provides plenty of tidbits about the company's performance over the past year. CNET breaks some of the big ones down.
Apple has released its 10-K annual filing, a full rundown of its fiscal year which wrapped up last month.
While there aren't too many surprises given what's found in the company's quarterly reports, it provides a good rundown of some of the company's key metrics over the course of the past 12 months, some of which have been summarized below.
- Apple's building space, which it has owned or leased, jumped from 10.6 million square feet, to 13.2 million square feet this year. In its filing, Apple notes that it's going to demolish 2.6 million square feet of that around Cupertino, Calif., to build its second corporate campus, which has yet to be approved.
- The company increased its retail space by half a million square feet, which is not too surprising considering it added 40 new retail stores during the course of the year, most of those being outside the U.S.
- Apple's advertising expenditures went up 35 percent from last year, reaching $933 million.
- Apple's research and development expense came in at $2.4 billion, up from last year's $1.8 billion. Though taking a deeper dive, that number's not keeping up with revenue growth as my ZDNet colleague Larry Dignan points out.
- Apple's employee count jumped by 14,400 people between this year and last year, reaching 60,400 full-time equivalent employees. The company also added an extra 100 full-time equivalent temporary employees and contractors, topping 2,900 people.
- Despite iPod net sales dropping $821 million (or 10 percent) from last year, and Apple selling 15 percent less iPods units than it did during 2010, Apple made more per iPod sold. Why's that? More people are buying the touchscreen-based iPod Touch than the other iPod models.
- Apple's net sales of "music related products and services" reached $6.3 billion for the year, up 28 percent from last year's total. That includes net sales from the iTunes Store, App Store, and iBookstore, which Apple says grew 33 percent year over year.
- Apple's portables business grew 36 percent compared to last year's total, with desktops growing 4 percent.
[filing spotted by Macrumors]