Ondrej Holzman Today, Apple filed its annual report (2014 10-K Annual Report) with the US Securities and Exchange Commission, where we can see how the company has fared over the past year in terms of sales, business and employee growth.
Apple's 2014 fiscal year ended on September 27 and Annual Report it primarily serves investors and regulators, who will find in it an analysis of current products as well as information on the salary of top managers as well as investments and taxes.
Server & Hosting MacRumors he pulled out the most interesting information from the annual report:
- The iTunes Store generated $2014 billion in net income during fiscal 10,2, up $0,9 billion from a year ago. While revenue from apps is growing, the music part of iTunes is in decline.
- At the end of 2013, Apple had 80 full-time employees, a year later it was already 300. The biggest growth was recorded by the retail division spread around the world, where almost three and a half thousand employees were added during the past fiscal year.
- Over the past year, Apple opened 21 new stores, the average revenue per store increased by four tenths of a million to $50,6 million. In the next year, Apple plans to open 25 more brick-and-mortar stores, most of them outside the United States, while the company intends to modernize the existing five Apple Stores.
- Apple spent a total of $2014 billion on research and development during the 6 fiscal year, which is half a billion dollars more than last year. This is the largest investment in research relative to revenue since 2007, when the iPhone was introduced.
- Apple also traded in real estate. At the end of the fiscal year, it now owned or leased 1,83 million square meters of land (up from a year earlier: 1,77 million square meters). Most of this land is located in the United States and Apple is using it to expand its offices and customer center in Austin, Texas.
- Apple's capital expenditures should increase to 2015 billion dollars in 13, i.e. they should be two billion more than this year. $600 million should go to brick-and-mortar stores, and $12,4 billion will be used for other expenses, such as the manufacturing process or data centers.
