1 min read
Add as a preferred source on GoogleApple’s Capital Spending Is Flat on an Index Tied to Early 2023
Spending by peers on artificial intelligence infrastructure increased over the period, but the comparison provides no company-level figures.
Apple’s capital expenditures were essentially unchanged on an index tied to early-2023 levels, while peers’ spending on artificial intelligence infrastructure rose, pointing to different investment trends among major technology companies.
Early 2023 is the reference point for Apple’s indexed comparison. The finding does not establish that Apple spent the same amount in every period.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.