RSSApple lays off 1,600 workers but keeps stores afloat
By Jacqueline Emigh | Published April 24, 2009, 5:40 PM
Ten percent of the full-timers in Apple's newly mushroomed total of 250 stores got handed pink slips between January and April, according to Apple's latest 10-Q filing with the US Securities and Exchange Commission.
Apple dubbed the laid off salespeople "full-time equivalents," reporting a headcount of 14,000 Apple store employees. That's slashed from the 15,600 number listed in its 10-K filing just last January.
Skating on stellar increases in iPhone sales, Apple turned in its "best non-holiday quarter" in history from January through March. Now, an examination of Apple's 10-Q filing by Betanews reveals that overall sales for Apple stores shot up, too -- albeit only to the tune of 2 percent, or $58 million -- between the first six months in Apple's respective 2008 and 2009 fiscal years.
But Apple also grew its number of stores to 250 from 203 the year before, meaning that average store revenue dropped from $15.5 million to $12.8 million between those two six-month time frames.
Meanwhile, though, Apple doesn't seem interested in shuttering many -- or possibly any -- of those stores, whether old or new.
"Expansion of the Retail segment has required and will continue to require a substantial investment in fixed assets and related infrastructure, operating lease commitments, personnel, and other operating expenses," according to Apple's 10-Q document.
Apple would "incur substantial costs if it were to close multiple retail stores and such costs could adversely affect the Company's financial condition and operating results," company officials conjectured.
well if life is giving you rotten apples, then make apple pies.
"you want an apple pie with your computer order?"
"NO. just biggie size the damn thing, please and add a small diet anti virus with that"
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Norton Safe Web has analyzed betanews.com for safety and security problems. Below is a sample of the threats that were found
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|It's this Great news.. now there are 1600 more apple "genius" to be hired!!
They can go be bankers in DC..
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|"It's this Great news.. now there are 1600 more apple "genius" to be hired!!
They can go be bankers in DC.."
So tell us, what's the plural form of "genius" again, genius?
Well, if constructing a coherent sentence using proper grammar is a prerequisite, you certainly are disqualified and thus you are available to go to DC - despite perhaps being overqualified!
And has been been pointed out by several folks below, "Apple did not layoff workers at all but instead cut back a select number of employee's hours:"
So your comments are not only non sequitur, but they indicate that maybe you already work in DC.
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|@foxfyre If you're going to b**** about grammar, check your own first.
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|lol
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|...Best you can do, Paul?
As usual, not much insight or info in your post.
But then, we no longer expect much as your responses rarely reach a level of anything but feckless retorts.
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|Oh, right there was insight in your post. You weren't just saying the same thing that all the other people had already pointed out at all. *Rolls eyes*
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|Not so. Apple did not layoff workers at all but instead cut back a select number of employee's hours:
http://macdailynews.com/...p/weblog/comments/20915/
As I already mentioned, Apple is too awesome to layoff of it's workers.
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|"Apple did not layoff workers at all but instead cut back a select number of employee's hours:"
This was apparent in the comments section of the MacNN article "Jaq" ripped off. Wish she could read those comments once in a while before posting this BS...
"Apple is too awesome to layoff of it's workers."
Nah, Apple is too small to need to. ;)
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|Apple is awesome ....... (sighs)
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|LOL it had to happen. I can only image what will happen to CrApple, after the release of Windows 7 LOL
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|"This beinning soon we have real funstupid americans"
Well, the US has nothing to fear from this illiterate gibberish...
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|yup huh babble mumble burp babble yup incoherent illiterate babble...
Yup, sjc has another sock puppet profile...
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|You are dubmest on site. love, hate, indifference these things you know nothing what you will know is what is coming at you and everyone in us
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|Dubmest? really? hmmm, there is something wrong with that sentence, but I can't quite put my finger on it...
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|Sorry but this is pure propaganda. Apple is too awesome and invincible to layoff it's employees... EVER.
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|lol
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|What I really get a kick out of is the party who has so many phony sock puppet user profiles that they spend all of their time in the asinine and meaningless concept of voting. The irony is that I often add my negative vote to this just to run up the score, as it indeed makes me very happy to see that I have so pissed off such a feckless dweeb!
LMAO!
And he has spent all of the last 15 minutes of his time doing this! Its great to keep him so busy doing nothing!
So, let me be the first to vote no here, as at least we know that the fukwad is off the streets as he is so busy voting. As I am sure his mommy has no idea where he is...and with any luck, is enjoying the break tremendously!!!
LOL!.
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|LOL you're a troll foxfyre...a well spoken troll, but a troll nonetheless :D
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|This from the self-admitted troll himself.
LMAO!
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|never said I wasn't! :p
Troll to troll discussion and appreciation that's all.
It wasn't me voting you down, _if_ you were wondering. Far too lazy.
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|Hmmm.
You have to counter that after literally stating you were a troll????
Oh,and we know who the dweeb is who thinks voting is anything other than a meter that a post is effective. If he had a clue he would realize that any vote is an indication that the post was effective. Just as love is not the opposite of hate, but indifference is...
The amazing thing is that it also indicates that he has gone to the trouble to create 10 sock puppet alter egos here simply to vote - and it also explains some of the more idiotic posts on the forum (and that is saying a lot!). But all of the absurd time it takes to vote is simply time that he is not running loose on the streets, and that is a good thing. Especially as he is simply upset that his mommy is busy watching American Idol and TMZ on his TV that doubles as a monitor.
;-)
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|You are welcome.
Take your ***k out of your mouth and try to construct a coherent statement.
LMAO
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|I posted this in the MS layoff section, but it is equally applicable to all companies, and it flies in the face of those reactionaries who suddenly wake up and find themselves up to the waste in water and their ship sinking fast as they wax (like fools) about the social nature of layoffs - a fact that illustrates a MUCH more fundamental ignorance that contributes to exactly the situation about which they so loudly and ignorantly lament....
I love(sic) listening to folks erroneously evaluating layoffs as if they are some last second social decision. But then, such nebulous thinking is precisely why so many companies create a situation where they find themselves facing that dilemma.
You lay people off reactively in lean times who are centered in areas where a positive return is not anticipated in the near term. Juran's research that substantiated what has become known as Pareto's Law is paramount in such lean times, where 80% of the return is derived from 20% of the efforts.
And as such, 20% of the employees constitute the core that generates 80% of the return on investment.
Thus you optimize your revenue generation by focusing more closely on the actual return each project will derive. Not on some social contract where the company is obligated to retain workers simply because they might rehire more if the economic climate is robust.
This situation arises if you function in an oblivious reactive mode rather than a more enlightened awareness of your business environment.
But Pareto's Law applies (or SHOULD apply) continuously to customers, workers, products, etc. In prosperous times as well as lean times! In other words, it is (and SHOULD be) a continuous process of review and evaluation.
And you constantly evaluate this in the context of an awareness and understanding of the industry, environment, and business entity with which one is involved. And as such, it is critical to maintain a constant watch on the s***ing relationships and leverage points that are a recurring theme in all business environments.
Thus, changes in such relationships are constantly being reviewed and modifications are ongoing...not simply a frantic attempt to right a listing ship in a moment of crisis!!!
As an analysis of Michael Porter's "Five Forces Model" indicates, entity relationships change as do leverage points as an entity and those it deals with move through their respective life cycles, typically asynchronously.
Inferences from Porter's model demonstrate that as a businesses and industries grow and contract, the businesses in these industries will see their relationships and leverage points with their customers, suppliers, competitors, employees, and funding sources, etc., also change. Hence it is imperative to know where one and those entities are at all times in their life cycles in order to gain advantage relative to s***ing leverage.
But then, for others, its all about feelings isn't it? And the tragedy is that we have so many who understand so little about business actually in positions to make such decisions. Of course, that would explain why so many businesses find themselves in the shape they are in and who only react in desperation in lean times when they suddenly find themselves caught unawares as they try desperately to stay afloat and we get to listen to folks whine emotionally as they suddenly lament the facts as they face that which they have so blissfully ignored which have contributed to the situation in which they 'suddenly and inexplicably' find themselves ....
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|"Apple dubbed the laid off salespeople "full-time equivalents," reporting a headcount of 14,000 Apple store employees. That's slashed from the 15,600 number listed in its 10-K filing just last January."
Uh... This does not indicate layoffs or anything of the sort.
Isn't January right after Christmas? One wonders if it might be that these employees simply got a few less hours, thus not qualifying as "Full-time" anymore.
Anything direct from Apple, or is this all mere conjecture because MacNN posted the same crap headline? (oh, sorry, forgot where I was for a moment..of *course* it's conjecture...)
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|internetworld7? Recession proof company?
jee it's quiet.
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|Quiet? You should be, with the profits they are still turning in and a stock price that has almost doubled since its October low.
But then you apparently are just one more who thinks that a company should evaluate its relationship with customers, suppliers, employees, etc., in times of a recession and find themselves amazed.
Take your own advice.
And stick to playing computer games on your desktop. But then, so many think they can extrapolate that into the notion that they are qualified by virtue of that oh so rarefied experience to perform strategic planning in the IT business world...
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|Wow. I love how you extrapolate from my post and come to conclusions about my economic views. I know Apple are doing "fine" in this time. I was just trolling internetworld7's post that Apple were invincible to recession.
Were you in a bad mood when you read this article or are you just curt and demeaning with everyone?
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|"I was just trolling..."
Say what, you self admitted troll?
No, I just like to tweek @ss-wipe trolls such as yourself.
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|duplicate post
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|trolling is fun in certain sitautons. But I'm not an asswipe; I rebuke that comment. D:
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|sorry...that should have been snotbubble...
;-))
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