Apple’s capex to soar despite lowered iPhone output, says Citi – MarketWatch (blog)

Apple's capex to soar despite lowered iPhone output, says Citi
MarketWatch (blog)
While Citigroup's downgrade of Apple Inc. AAPL stock earlier this week received much attention, what hadn't was that the brokerage expects the iPhone maker's capital expenditure to rise sharply in the coming two years – something that may have a

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