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Recently, Apple filed its Form 10-K with the SEC (Securities and Exchange Commission) that also disclosed information to its stockholders. Some of the interesting facts regarding the company that came forward are of note, especially for Apple fans. People almost have a craze to buy everything Apple, and it is not a phenomenon just in any one part of the world, but it is global. It is as if there is a merchandise of some sought-after franchise available every now and then and an Apple fan has to collect it all.
The interesting facts that came forward are that Apple currently has $81.5B in cash, which are both marketable securities and cash equivalents. In order to maintain its charm and cult, Apple does a lot of spending on research and development too, which is why it is able to bring out and offer people the best it could in technology. The tech giant spent $2.4B this year for this purpose and that has increased from its spending since the last two years.
Apple is dedicated to remain a leader by innovating new technology for its products and keep the market that it has. Its patent battles against other competitors are well known, hence to make sure for the lead it has spent on purchasing many patents too. Apple has 60,400 full-time employees and some 2,900 temporary employees. No wonder such number of brains work together to get results nearest to satisfaction. Since last year, it has increased its work force, which again tells how Apple is gathering talent in order to be the best.
