Apple is going to save $ 1 billion on investments

The day after the publication of the financial report of Apple Corporation, the company's management announced its intention to reduce the amount of investment by 8%. The cuts will affect the purchase of industrial equipment, investment in the data center, the opening of new stores, write Vedomosti. According to the new plan, the capital expenditures of the corporation should be about $ 12 billion.

Earlier, the corporation planned to increase the volume of investments to $ 13 billion, but now, according to a new plan, Apple's capital expenditures in the current fiscal year will amount to $ 12 billion. Representatives of the company explained that the corporation managed to find more efficient ways of spending money on the purchase of production equipment and construction. In the plans of production, nothing has changed.

Previously, Megamozg journalists have already reported that, despite the increase in the corporation's quarterly profit, Apple shares on the exchange fell by 4.2% immediately. Negative dynamics due to lower than previously expected level of sales of smartphones iPhone.

Recently, Apple has significantly increased its capital expenditures. At the same time, a significant part of the funds is spent on expanding the network of data centers in various countries. Data Centers are needed by companies to support the work of branded services (App Store, iTunes), as well as Apple online stores.