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In Pictures: 11 fun facts about Apple
To celebrate Wednesday’s shareholder meeting, we’ve ventured deep into the jungle primeval of Apple’s proxy statements to bring you eleven bits of trivia about the company’s operations. Read on to discover just how gigantic Apple is, whose notable name is missing from the roster of the company’s officers, and the surprising truth about executive compensation.
R&D spending has doubled in three years
In 2012, Apple spent some $3.4 billion on research and development—the perspiration behind its inspiration.
That’s up from $1.8 billion in 2010, but still just a drop in the bucket compared to the company’s overall revenues of $156 billion.
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