Apple Big Cloud Spender As China’s Alibaba Moves Up

By | November 25, 2015

Scalper1 News

Capital spending on cloud computing infrastructure by Apple (AAPL) and U.S. Internet companies has slowed as Chinese companies, led by Alibaba (BABA), come on stronger, says RBC Capital in a research report. Apple’s September-quarter cloud spending slipped 5% to $3.6 billion, while Alibaba’s jumped 64%, albeit from a lower base, to $197 million, says RBC Capital. Apple has expanded its data center capacity to deliver more Web services to Scalper1 News

Scalper1 News