Scalper1 News
Capital spending by Apple (AAPL) and various Internet giants pushing into cloud computing tailed off in the September quarter, but Facebook’s spending surged, says Goldman Sachs. Apple’s September-quarter (fiscal Q4 2015) capital spending slipped 6% from the year-earlier quarter to $3.43 billion, but capital spending by Facebook (FB) surged 62% to $780 million. “Capex was weaker than expected at the major spenders — Amazon.com (AMZN), Apple, Scalper1 News
Scalper1 News