Apple revealed in a U.S. Securities and Exchange Commission filing Wednesday that it plans to spend $12 billion on capital expenditures for the 2015 fiscal year, $1 billion less than was initially projected last year. In its 10-Q filing, Apple says capital spending for the first nine months of 2015 came out to $7.3 billion, leaving an extra $4.3 billion for the quarter ending in September. Apple defines capex as product tooling and manufacturing, data centers,...
7/22/15 at 7:31pm
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