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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MSFT: The Upcoming Microsoft Train Wreck

The Upcoming Microsoft Train Wreck
by Lucas Krupinski

Microsoft (MSFT) has long enjoyed a dominating position in the PC market. Its one-two punch of the Windows operating system plus the Office suite of applications has served as the strongest of competitive moats for many years. In recent years, though, Microsoft has been held back as it has tried to figure out how to adapt Windows to run on tablets and smart phones. read more »

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