Apple 2005 Annual Report Download - page 18

Environmental Laws
Compliance with federal, state, local, and foreign laws enacted for the protection of the environment has to date had no material effect on the
Company’s capital expenditures, earnings, or competitive position. In the future, these laws could have a material adverse effect on the
Company.
Production and marketing of products in certain states and countries may subject the Company to environmental and other regulations
including, in some instances, the requirement that the Company provide consumers with the ability to return to the Company product at the end
of its useful life, and place responsibility for environmentally safe disposal or recycling with the Company. Such laws and regulations have
recently been passed in several jurisdictions in which the Company operates, including various European Union member states, Japan, and
California. In the future, these laws could have a material adverse effect on the Company.
Employees
As of September 24, 2005, the Company had approximately 14,800 full-time equivalent employees and an additional 2,020 temporary
employees and contractors.
Available Information
The Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to reports
filed pursuant to Sections 13(a) and 15(d) of the Securities Exchange Act of 1934, as amended, are available on its website at
http://www.apple.com/investor when such reports are available on the U.S. Securities and Exchange Commission (SEC) website. The public
may read and copy any materials filed by the Company with the SEC at the SEC’s Public Reference Room at 100 F Street, NE, Room 1580,
Washington, DC 20549. The public may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-
0330. The SEC maintains an Internet site that contains reports, proxy and information statements and other information regarding issuers that
file electronically with the SEC at http://www.sec.gov. The contents of these websites are not incorporated into this filing. Further, the
Company’s references to the URLs for these websites are intended to be inactive textual references only.
Item 2. Properties
The Company’s headquarters are located in Cupertino, California. The Company has manufacturing facilities in Cork, Ireland. As of
September 24, 2005, the Company leased approximately 3.6 million square feet of space, primarily in the U.S., and to a lesser extent, in
Europe, Japan, Canada, and the Asia Pacific region. The major facility leases are for terms of 5 to 15 years and generally provide renewal
options for terms of 3 to 5 additional years. Leased space includes approximately 902,000 square feet of retail space, a majority of which is in
the U.S. Lease terms for retail space range from 5 to 20 years, the majority of which are for 10 years, and often contain multi-year renewal
options.
The Company owns a 352,000 square-foot manufacturing facility in Cork, Ireland that also houses a customer support call center. The
Company also owns a 752,000 square-foot facility in Sacramento, California that houses warehousing and distribution operations as well as a
customer support call center. In addition, the Company owns approximately 942,000 square feet of facilities located in Cupertino, California,
used for research and development and corporate functions. Outside the U.S., the Company owns additional facilities totaling approximately
169,000 square feet.
The Company believes its existing facilities and equipment are well maintained and in good operating condition. The Company has invested in
internal capacity and strategic relationships with outside manufacturing vendors, 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.
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