Thursday, May 18, 2017

Apple's job creation public relations page

Apple Jobs

Apple Job Creation Website

Apple has a website that lists how many jobs it creates in each state in the US.  It looks like a pretty clumsy response to President Trump.  The site actually show how little,  Apple and high tech companies, contribute to the labor and wage economy.

Apple is the worlds richest company that is not a bank.  Apple has $256 Billion in Cash and marketable securities.

In it's October 2016 Annual Report(10-K), Apple claims to employ 116,000 full time equivalents. So is that a million people working 8 1/2 hours a week or 78,000 professionals working 60 hours a week? The point is, Apple is completely vague.


2011 Employees

"As of September 24, 2011, the Company had approximately 60,400 full-time equivalent employees and an additional 2,900 full-time equivalent temporary employees and contractors."

"As of September 24, 2011, the Retail segment had approximately 36,000 full-time equivalent employees..."

2012

As of September 29, 2012, the Company had approximately 72,800 full-time equivalent employees and an additional 3,300 full-time equivalent temporary employees and contractors. Approximately 42,400 of the total full-time equivalent employees worked in the Company’s Retail segment.

2013

As of September 28, 2013, the Company had approximately 80,300 full-time equivalent employees and an additional 4,100 full-time equivalent temporary employees and contractors. Approximately 42,800 of the total full-time equivalent employees worked in the Company’s Retail segment.

2014

As of September 27, 2014, the Company had approximately 92,600 full-time equivalent employees and an additional 4,400 full-time equivalent temporary employees and contractors. Approximately 46,200 of the total full-time equivalent employees worked in the Company’s Retail segment.

2015

As of September 26, 2015, the Company had approximately 110,000 full-time equivalent employees.

2016

Apple report 116,000. So job growth is slowing and the build out of retail is over.

So, in 2015, Apple, sensing it had an issue, changed how it reported it's employee headcount.

However, we can still make a pretty good guess of the number of retail and professional employee based on past reporting.

For 2011, we can compute by subtraction, there are 24,400 professionals and the ratio of retail to professional is 60% retail to 40% professional.

Apple's public relations job page claim two million direct and indirect jobs.  But it uses very broad measure that includes anyone writing apps for Apple platform. May they should include only apps that made more than $10,000 dollars or worse apps that were profitable.

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