Source: ISI Group. Click to enlarge.
FORTUNE — In his note to clients Thursday, ISI’s Brian Marshall highlighted two “nuggets” from the 88-page Form 10-K that Apple released late Wednesday:
- Apple’s $11 billion in projected capital expenditures for fiscal 2014. That, he notes, is a double-digit increase from a company that was already “the single largest CapEx spender” in Marshall’s “Big 7 Hyperscale group” — Apple (AAPL), Google (GOOG), Microsoft (MSFT), Amazon (AMZN), EBay (EBAY), Facebook (FB) and Yahoo (YHOO.) See $11 billion for plants, equipment and a spaceship.
- Apple’s “off-the-charts” revenue-per-head metric compared with the other IT and networking companies he covers. See attached chart.
For what it’s worth, Apple’s $2.13 million per full-time-equivalent employee in fiscal 2013 is actually a tad less than the $2.15 million it produced in 2012.