Apple Is Going to Spend a Lot of Money on … Something

Apple is going to plow $8 billion into capital expenditures in the next 12 months — 73 percent more than it spent last year. Where's that money going to go? GigaOm, referencing a UBS research note, points out that $900 million will go into Apple's retail outlets. The company says it will open another 40 stores in the next year. Apple is vague, of course, about where the rest of the $7.1 billion will go, but references "product tooling and manufacturing process equipment, and corporate facilities and infrastructure, including information systems hardware, software and enhancements."

Clic.