TweakTown
Tech content trusted by users in North America and around the world
6,250 Reviews & Articles | 40,783 News Posts
TRENDING NOW: Rockstar rumored to announce Grand Theft Auto: San Andreas 2 soon

Apple by the numbers, has $81.5 billion in cash, 60,000 employees

Apple has some impressive stats, holds $81.5 billion in cash, 60k employees

| Business, Financial & Legal News | Posted: Oct 27, 2011 10:13 am

Apple today filed its Form 10-K with the SEC that discloses information to stockholders and the commission. It also allows sites like TweakTown to perve at some of the wallet-busting numbers included. Apple currently have $81,570,000,000 in cash, marketable securities and cash equivalents. What this means is Apple raked in $37.5 billion in cash profits in fiscal 2011. This is all in a time where they "missed" industry estimates.

 

TweakTown image news/2/1/21306_54_apple_by_the_numbers_has_81_5_billion_in_cash_60_000_employees.png

 

That is after Apple spent $2.4 billion on research and development in 2011, up from $1.8 billion for last year and $1.3 billion in 2009. Apple also forked out $4.3 billion for equipment, most likely for factory investments and the North Carolina-based data center. Apple also had purchases of $3.2 billion in 'intangible assets", which is most likely the $2.6 billion share of the Nortel patent purchase that it went in on with other companies, including Microsoft.

 

Apple only spent $244 million on acquisitions, which would include it's voice-based app Siri, which it acquired in Q1 2010. Other Apple numbers also state that they own or lease 13.2 million square feet of building space, primarily in the U.S. Apple Retail Stores across the world account for 3 million square feet of that number. The data centers Apple run are also included. Also included is the 2.6 million square feet that is located in Cupertino, California which isset to be demolished for Apple's new 'spaceship' campus. Apple also owns a total of 584 acres of land in various locations.

 

Employee wise, Apple employs 60,400 full-time employees as well as another 2,900 temps. In 2010, Apple had only 46,000 employees, a 39-percent increase. This is the second year in a row that Apple has employed a further 30-percent in employees.

NEWS SOURCES:Thenextweb.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases