Tuesday, November 1, 2011

Apple Capital Spending Leaps to $8 Billion

Media_httpallthingsdc_axkxf

Apple is going to plow $8 billion into capital expenditures in the next 12 months — 73 percent more than it spent last year. Where’s that money going to go?

GigaOm, referencing a UBS research note, points out that $900 million will go into Apple’s retail outlets. The company says it will open another 40 stores in the next year.

Posted via email from Inspiration

No comments:

Post a Comment