Apple Expects to Invest over $30 Billion in Capital Expenditures in US over the Next Five Years
January 17, 2018 at 06:00 pm
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Apple expects to invest over $30 billion in capital expenditures in the US over the next five years and create over 20,000 new jobs through hiring at existing campuses and opening a new one. The company plans to establish an Apple campus in a new location, which will initially house technical support for customers. The location of this new facility will be announced later in the year. Over $10 billion of Apple's expanded capital expenditures will be investments in data centers across the US. On January 17, 2018, Apple is breaking ground on a new facility in downtown Reno, which will support its existing Nevada facilities. All of Apple's US facilities, including offices, retail stores and data centers, are powered by 100% renewable energy sources like solar, wind and micro-hydro power, which Apple generates or purchases from local projects.
Apple Inc. specializes in the design, manufacture and marketing of computer hardware and music supports. Net sales break down by family of products and services as follows:
- telephone products (52.1%): iPhone brand;
- peripheral devices (10.5%): screens, storage systems, printers, video camera, memory cards, server, switches, etc.;
- computers (10.2%): laptops (MacBook, MacBook Air and MacBook Pro brands) and PCs (iMac, Mac mini, Mac Pro and Xserve);
- music support (7.4%): music readers iPod and iPad and accessories;
- other (19.8%): software, maintenance service and Internet access service, etc.
Net sales are distributed geographically as follows: Americas (42.4%), China/Hong Kong/Taiwan (18.9%), Japan (6.3%), Asia/Pacific (7.7%) and Europe/India/Middle East/Africa (24.7%).
APPLE INC. 
