CHART OF THE DAY: Apple’s Exploding Capital Expenditures (AAPL)
Apple's capital expenditures for the last year were $ 8.3 billion, which is significantly above its rivals, as this chart from Horace Dediu at Asymco shows.
Dediu believes Apple's capex is significantly above its peers because Apple is investing in data centers like Google, and process equipment like Intel. As a result, its quarterly spending is closer to Google plus Intel.
Follow the Chart Of The Day on Twitter: @chartoftheday
Please follow SAI on Twitter and Facebook.
Join the conversation about this story »
Apple CEO Tim Cook spoke at New York City's Climate Week on Monday where he proclaimed that Apple's... Read More »
To mark the arrival of Chrysler's eagerly awaited 200 sedan, the auto giant teamed up with Google to... Read More »
Kinjil Mathur has joined Foursquare as VP of Marketing. The role was formerly filled by Jon Steinback, who... Read More »