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Don't understand this comment - seems to me Apple spends a _lot_. From their Q1 financial statement, cost of sales ("buying stuff and services") is $52.3B, and
by gr2020 8y ago
Don't understand this comment - seems to me Apple spends a _lot_. From their Q1 financial statement, cost of sales ("buying stuff and services") is $52.3B, and R&D and admin expenses are $8.7B. I think it's fair to say $61B is a "significant" amount they're spending during the quarter...
- bunnycorn 8y agoOn top of that, they owe almost the same amount of money they have, and that's their target: cash neutral.