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by skybrian 1883 days ago
Well, it’s all spending, but is all spending investment?

From an accounting perspective, when a business spends money on a factory it’s an investment since you end up with an asset on the balance sheets. But the same is true of spending on inventory. There are also intangible investments that don’t end up on balance sheets (like writing software) and for high tech companies that can be pretty substantial.

You could simplify this to “Apple says they’re going to spend a lot of money in the US.” Okay, I guess that’s good?