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Apple adds staff, boosts R&D spending in FY2008

The Associated Press' Jessica Mintz notes that Apple increased its payroll by 48 percent this fiscal year, with most of the new employees starting at Apple retail stores. The data came from Apple's 10-K filing, an annual financial document required by law for public companies (Apple has not...

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Apple's 10K filing shows $3.34 billion in 2008 iTunes sales

Apple's annual SEC 10K filing showed that music-related sales increased by US$844 million (or 34%) to $3.34 billion in fiscal 2008, up from US$2.5 billion in 2007. Apple cited "heightened consumer interest in downloading third-party digital content" as the reason for the hefty increase. Apple noted...

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