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

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