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Filed under: Apple Financial

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 produced a 'glossy' annual report in several years). A direct link to the PDF is available here. Steve noted yesterday morning that Apple reported sales of $3.3 billion via the iTunes store in the filing.

Apple employed 32,000 full-time employees, and 3,100 temps and contractors as of September 27, up from 21,600 and 2,100 (respectively) a year ago. Of the 11,400 new additions, 8,000 went to Apple's retail segment, while the others started elsewhere in the organization.

The filing also said that Apple spent 40 percent more on research and development this year, compared to 2007: $1.1 billion. Electronista also notes that Steve Jobs was paid $189,000 for the use of his personal jet, a gift from Apple several years ago.

Filed under: Apple Corporate, Apple Financial, Apple

Stock options investigation delays Apple SEC filing

Apple's ongoing investigation into its stock option grants has delayed its SEC 10-K filing. The filing, which was due yesterday, may be delayed for as much as a month.

If you recall, Apple admitted that employee stock options may have been been backdated. Companies use backdating in order to lower the apparent value of the issued stocks. Although news reports suggest this isn't illegal, the backdating has to be accounted for and disclosed to investors and so forth. CEO Steve Jobs was reportedly aware of the backdating and Apple's investigation is ongoing.

Filed under: Hardware, Rumors, Other Events

Recent Apple patents for phone, PDA, new cube?

Here we go with the Apple patent game again, and this time around it looks like we have blasts from the past and the future. Engadget first tracked down a patent filed by Apple yesterday (pictured right) for "A cubical computer housing assembly comprises first and second ends and four sides, which define an interior compartment for housing the various computer component." Could this be the comeback of the cube? Apple obviously hasn't let the concept go gently into that good night with their cubed New York store, but since this patent is so fresh, don't expected anything to come of it anytime soon - if ever.

The next patent is a bit more interesting in part because AppleInsider has quite a few juicy details, but also because it was filed over a year ago and references a phone-like Apple device which has received almost constant speculation during that time.

Continue readingRecent Apple patents for phone, PDA, new cube?

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