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Apple Is Suddenly Spending Billions Of Dollars On Secret Projects

 
Anonymous Coward
User ID: 28517316
United Kingdom
12/15/2012 03:17 AM
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Apple Is Suddenly Spending Billions Of Dollars On Secret Projects
In the quarter ending June 2011, Apple spent less than $1 billion on property, plants, and equipment.

By March 2012, the number had spiked beyond $2 billion, beyond $3 billion, and approached $4 billion.

Horace Dediu thinks that number will zoom past $4 billion in 2013.

Here's the the interesting part about all this massive spending.

No one outside of Apple knows where it's going.

"The capital is being deployed almost silently and, though vast in scale, barely gets a mention from analysts," writes Dediu. "Not even a single question has been raised at any earnings call about this spending."



hidingdamned

Not really an Apple fan but they do sure have a lot of money to play around with.
Anonymous Coward (OP)
User ID: 28517316
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12/15/2012 03:18 AM
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Re: Apple Is Suddenly Spending Billions Of Dollars On Secret Projects
[link to www.businessinsider.com]

forgot the link oops!

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