Thursday, November 1, 2012

AAPL: Some nuggets from Apple's (AAPL) FY12 10-K: 1...

1:31 PM Some nuggets from Apple's (AAPL) FY12 10-K: 1 Apple plans to open 30-35 retail stores in FY13, 3/4 of which will be outside the U.S. There are currently 390 Apple Stores worldwide, following the opening of 33 in FY12. 2) FY12 ad expenses totaled $1B, up a bit from FY11's $933M. 3) Apple's FY13 capex budget has been set at $10B. The company spent $8.3B on capex (on a cash basis) in FY12, after initially guiding for $8B. (Read the comments on this)

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Recent articles on AAPL:
Apple Below $600: Trick Or Treat? by Parsimony Investment Research


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