Apple names Forstall’s new job title in year-end 10-K filing

By , Oct 31, 2012

Apple has filed its end of the year 10-K document, a performance report required of all companies by the SEC (Security Exchange Commission), and as you might expect, it contains some pretty interesting information about the iPad-makers.

Perhaps most interesting is that it names Scott Forstall’s new official title at the company, following Monday’s announcement that he is no longer the SVP of iOS software: Special Advisor to the Chief Executive Officer…

The Next Web‘s Matthew Panzarino has done the leg work, skimming through the lengthy document, and has highlighted some other notable points regarding Apple’s performance and spending over the past 12 months:

  • Apple spent $3.4 billion on research and development this year, compared to $2.4 billion last year and $1.8B in 2010.
  • Apple now holds more than 13 million square feet of building space
  • As of September 29, Apple has approximately 72,800 full-time employees and an additional 3,300 temporary employees and contractors. 
  • Approximately 42,400 of those employees work in Apple’s retail sector.
  • Apple opened 33 new Apple Stores this year, 28 of them outside of the US.
  • Average revenue per store was $51 million in 2012

The 10-K also mentions Apple’s patent litigation: “Such litigation is often expensive, time-consuming, disruptive to the company’s operations, and distracting to management.”And it speaks to the importance of app developers.

If you’re interested in reading through the whole thing yourself, you can find it on Apple’s Investor page here. The gist of it, though the stock price doesn’t currently reflect this, is that 2012 was an amazing year for Apple.

And it’s only going to continue to get better. The company is launching two new tablets this Friday, the 4th gen iPad and the iPad mini. And it has also recently released updates and refreshes to nearly all of its product lines.

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  • Mcsquared

    Are foxconn workers counted as Apple Employees?l

    • kumar714

      re-read your comment you will get the answer

    • http://twitter.com/therealjdizzle Jason Masters

      No children don’t count I believe?

  • http://twitter.com/Jack_maredit Jackson Grong

    Can’t wait to get the new 4th gen. iPad *__*