Apple 1995 Annual Report Download - page 9

Margins on sales of Apple products in foreign countries, and on domestic sales of products that include components obtained from foreign
suppliers, can be adversely affected by foreign currency exchange rate fluctuations and by international trade regulations, including tariffs and
anti-dumping penalties.
Item 2. Properties
The Company's headquarters are located in Cupertino, California. The Company has manufacturing facilities in Fountain, Colorado,
Sacramento, California, Cork, Ireland, and Singapore. As of September 29, 1995, the Company leased approximately 4.5 million square feet of
space, primarily in the United States, and to a lesser extent, in Europe and the Pacific. Leases are generally for terms of five to ten years, and
usually provide renewal options for terms of up to five additional years.
The Company owns its manufacturing facilities in Fountain, Colorado, Cork, Ireland, and Singapore, which total approximately 1,144,000
square feet. The Company also owns a 725,000 square-foot facility in Sacramento, California, which is used as a manufacturing, service and
support center. In addition, the Company owns the research and development facility located in Cupertino, California, and a centralized
domestic data center in Napa, California which approximate 856,000 and 158,000 square feet, respectively. Outside the United States, the
Company owns a facility in Apeldoorn, Netherlands, which is used primarily for distribution, totaling approximately 265,000 square feet, in
addition to certain other international facilities, totaling approximately 487,000 square feet.
The Company believes that its existing facilities and equipment are well maintained and in good operating condition. The Company has
invested in additional internal capacity and external partnerships, and therefore believes it has adequate manufacturing capacity for the
foreseeable future. The Company continues to make investments in capital equipment as needed to meet anticipated demand for its products.
Information regarding critical business operations that are located near major earthquake faults is set forth in Part II, Item 7 of this Form 10-K
under the heading "Factors That May Affect Future Results and Financial Condition," which information is hereby incorporated by reference.
Item 3. Legal Proceedings
Information regarding legal proceedings is set forth in Part II, Item 8 of this Form 10-K under the subheading "Litigation", included under the
heading "Commitments and Contingencies", which information is hereby incorporated by reference.
Item 4. Submission of Matters to a Vote of Security Holders
No matters were submitted to a vote of security holders during the fourth quarter of the Company's fiscal year ended September 29, 1995.
Executive Officers of the Registrant
The following sets forth certain information regarding the executive officers of the Company as of December 1, 1995:
Michael H. Spindler*, President and Chief Executive Officer (age 53). Mr. Spindler joined the Company as European Marketing Manager in
September 1980, was promoted to Vice President and General Manager, Europe in January 1984, was named Vice President, International in
February 1985, and was promoted to Senior Vice President, International Sales and Marketing in November 1986. Mr. Spindler was appointed
Senior Vice President, International in January 1988, Senior Vice President, Apple Europe Division in April 1988, and was promoted to
President, Apple Europe in August 1988. While remaining President of Apple Europe, Mr. Spindler was also named Senior Vice President of
Apple Computer, Inc. in February 1989. In January 1990, Mr. Spindler was promoted to Chief Operating Officer and Executive Vice President
of Apple Computer, Inc., and in November 1990 was elected President. In January 1991, Mr. Spindler was elected a member of the Company's
Board of Directors. Mr. Spindler was appointed to the position of Chief Executive Officer in June 1993. Mr. Spindler is also director of
Bertelsmann AG.
James J. Buckley*, Senior Vice President and President, Apple Americas (age 45). Mr. Buckley joined the Company as K-12 and Higher
Education Sales Manager in May 1985 and was promoted to Director of the same group in January 1986. In May 1986, Mr. Buckley was
named Area Director, North Central Area, appointed Vice President, Central Operations in April 1988, was promoted to Vice President,
Northern Operations in May 1991, and was appointed Vice President and General Manager, Higher Education Division in April 1992. In
January 1994, Mr. Buckley was named Senior Vice President and President, Apple USA, in October 1995, was named President, Apple North
America, and in November 1995, was named President, Apple Americas.
John Floisand*, Senior Vice President and President, Apple Pacific (age 51). Mr. Floisand joined the Company in May 1986, as Director of
Sales, Apple Computer, Ltd., United Kingdom. In October 1988, Mr. Floisand was named Director of Sales
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