Apple (AAPL)

Apple reported in its 10-K that it has budgeted $1.9 billion in capital expenditures for fiscal 2010 which is 70% more than the $1.1 billion it spent in 2009.
According to its 10-K, the company “anticipates utilizing approximately $1.9 billion for capital asset purchases during 2010, including approximately $400 million for Retail facilities and approximately $1.5 billion for corporate facilities, infrastructure, and product tooling and manufacturing process equipment.”

Nov 3 · 11:37:00 AM · Source: All Things Digital
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by Michael Oliveto