2 ms·
CapEx going forward is $10B vs. $8B in the past. That doesn't account for all of it (lower margin due to the mini is part of it) but apple is a manufacturing m
by nirvana 14y ago
CapEx going forward is $10B vs. $8B in the past. That doesn't account for all of it (lower margin due to the mini is part of it) but apple is a manufacturing machine and spends a lot of money in early product cycles to get supply brought on line.
This impacts GM in the short term, with profitability increasing over several quarters.