“In a note to clients sent Thursday, ISI’s Brian Marshall notes that not only is Apple’s $11 billion in projected capital expenditures for fiscal 2014 a double-digit increase for a company already ‘the single largest CapEx spender’ in his ‘Big 7 Hyperscale group,’ but also that Apple generates ‘off-the-charts’ revenue-per-head metric [~US$2.13 million per full-time employee] compared to the other IT and networking companies he covers — which includes Google, Microsoft, Amazon, eBay, Facebook, and Yahoo,” Luke Dormehl reports for Cult of Mac.
“This, in turn, joins the previously reported news that Apple makes a record $57.60 off every Apple Store visitor,” Dormehl reports, “and that Apple Stores are 17 times more efficient at physical sales than the average retailer — pulling in an astonishing $6,000 per square foot of shop space.”
Full article here.
If there employees are so great why are their annual increases about 4%?
thier
Swift. That response reminds me of something my sister in law once said: “I hate it when people mispronunciate words.”
their
That is soooooooooooo ewe.
I would be thrilled at this point for an annual 4% increase. I’ve been going backwards 4% or more each year for the last several years.
And so employees are undervalued, there will demand to increase salaries, and Apple is doomed.
So can I be an analyst or start a Group?
Everything Apple is off the charts.
A blind man can clearly see it but the analists and the walls and the pseudo journalists all cry doom.
Turn ’em all off.
Would have bought my last mac at the Apple store, but upscaling the memory and hard drive was an option only from the online store.
I have purchased a number if items at those stores, it’s just fun going there.
Yeah, Apple made $57.60 off of my visit to the Apple Store today. I bought one of their $79 Thunderbolt cables.
So they gave you a discount?
The employees do get the options to buy/earn shares and cash in on dividends.
I guess Brian Marshall read my post here the other day…
Retail employees are payed sub-living wages. And a 4% raise adds to the insult. Apple should be ashamed of its self.
Yeah Apple, that 4% is a friggin’ insult. Don’t give ’em any raises so as not to insult their intelligence. Then again, if they had any intelligence they might have a better paying job to begin with. Maybe they should take a step up and get a job at McDonalds like Mike.