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    Monday, November 02, 2009 - 09:30 AM EST "Apple has forecast a 70 percent increase in capital expenditures for the 2010 fiscal year, which one analyst has said could be a sign the Mac maker is investing in 'strategic new infrastructure,'" Neil Hughes reports for AppleInsider. "In his latest note to investors Monday, Robert Cihra, analyst with Caris & Company, noted that Apple's most recent Form 10-K filing with the U.S. Securities and Exchange Commission has called for a major $1.9 billion in capital expenditures during the 2010 fiscal year" Hughes reports. "That's well up from the $1.1 billion the company spent in 2009." Full Article at MacDailyNews
    In his latest note to investors Monday, Robert Cihra, analyst with Caris & Company, noted that Apple's most recent Form 10-K filing with the U.S. Securities and Exchange Commission has called for a major $1.9 billion in capital expenditures during the 2010 fiscal year
    SOURCE: MacDailyNews 1 month ago