Record High

Apple Hits a Record $15.4 Billion in Manufacturing Costs Per Quarter

RBC Capital Markets analyst Amit Daryanan has revealed in a research note issued to investors today that Apple’s manufacturing and component purchase commitments reached $15.4 billion last quarter, a 18.5% year over year increase, that marks a new manufacturing costs record for the Cupertino giant, AppleInsider is reporting. The analyst also noted that Apple will be spending another $5.6 billion...