Apple Inc. (NASDAQ:AAPL) Capital Expenditure To Soar
Posted on November 01, 2011 at 09:31 AM EDT
Apple Inc. (NASDAQ:AAPL) has decided to double its capital expenditure in 2012. Apple Inc. (NASDAQ:AAPL) Capital Expenditure To Soar According to reports, the US based technology giant Apple Inc. (NASDAQ:AAPL) will spend around $8 billion to double its capital expenditure in 2012. On top of this, the company is also planning to boost spending on [...]

Apple Inc. (NASDAQ:AAPL) has decided to double its capital expenditure in 2012.

Apple Inc. (NASDAQ:AAPL) Capital Expenditure To Soar

According to reports, the US based technology giant Apple Inc. (NASDAQ:AAPL) will spend around $8 billion to double its capital expenditure in 2012.

On top of this, the company is also planning to boost spending on retail outlets by $300 million.

Apple Inc. (NASDAQ:AAPL) is spending around $900 million on expanding and refreshing its network of retail outlets in 2012, with about 30 new stores planned for outside the US.

Apple Inc. (NASDAQ:AAPL) shares are currently standing at 404.78.

Apple Inc. (NASDAQ:AAPL) Capital Expenditure To Soar
Price History
Last Price: 404.78
52 Week Low / High: 297.76 / 426.7
50 Day Moving Average: 391.28
6 Month Price Change %: 15.7%
12 Month Price Change %: 32.7%

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