|Nov 7, 2012, 12:44 PM||#1|
Did Apple Spend $2 Billion to Bail Out Sharp?
Apple analyst Horace Dediu has dug deep into Apple's 2012 capital expenditures and found some spending, above and beyond what Apple had previously disclosed. He discovered that Apple spent $2.3 billion more than it had forecast on "product tooling, manufacturing process equipment and infrastructure".
However, Apple didn't actually shell out cash for its increase in CapEx, but instead is booking vendor financing. Dediu believes it may have been to bail out Sharp, which was in dire financial straits earlier this year.
Article Link: Did Apple Spend $2 Billion to Bail Out Sharp?
|Thread Tools||Search this Thread|
|thread||Thread Starter||Forum||Replies||Last Post|
|Apple Announces $13 Billion Payout to Developers, 60 Billion Cumulative App Downloads||MacRumors||iOS Blog Discussion||4||Oct 22, 2013 03:43 PM|
|Apple's App Store Reaches 50 Billion Downloads, Now on Pace for 20 Billion Apps Per Year||MacRumors||MacRumors.com News Discussion||80||May 16, 2013 11:42 AM|
|Sharp to tap Samsung, banks for survival after $5.4 billion loss||bobenhaus||Alternatives to iOS and iOS Devices||2||May 14, 2013 12:59 PM|
|Apple Announces 40 Billion App Store Downloads, Nearly 20 Billion in 2012||MacRumors||MacRumors.com News Discussion||100||Jan 10, 2013 11:17 AM|
|Apple Reports Results for Q3 2012: $8.8 Billion Profit on $35 Billion in Revenue||MacRumors||MacRumors.com News Discussion||274||Jul 27, 2012 08:06 PM|
All times are GMT -5. The time now is 08:06 PM.