Apple’s job-generation machine is on full tilt

Apple announced today that more than 1 million jobs have been directly or indirectly created by the company in the United States alone.

The jobs include Apple’s own employees as well as app developers, suppliers and manufacturers across the country. More than 9,000 jobs were added to Apple’s payroll in 2014, which the Cupertino-based tech giant said represents a sixfold increase over the past decade.

Apple also said that more than 41,000 jobs related to the company’s new headquarters will be created in Santa Clara County by the time the spaceship-shaped building is completed, reportedly sometime in late 2016.

Also, Apple said that since the App Store opened in 2008, more than $25 billion has been paid directly to app developers and that sales broke a record in 2014 when $10 billion were paid out to that community.

Other highlights from Apple’s announcement:

  • The first week of January set a new record for billings from the App Store, with customers around the world spending nearly half a billion dollars on apps and in-app purchases, and New Year’s Day 2015 marked the single biggest day ever in App Store sales history.
  • During the holiday season App Store customers helped make history with their support of Apps for (RED), a special initiative on the store with exclusive content where all proceeds went to the Global Fund to fight AIDS.
  • Apple donated a record-shattering $20 million this quarter, and since partnering with (RED) has donated over $100 million.

As of November, Apple was both the largest publicly traded corporation in the world by market cap as well as the first U.S. company to be valued at over $700 billion. As of the close of 2014, Apple employed 72,800 permanent full-time employees and had 437 retail stores in 15 countries.

Credit: Apple




Share this Post