Kind of surprising to see Google (Alphabet) and Facebook each spend more on Cap Ex than Apple does.
Tech companies are spending record amounts on fixed assets
Internet companies are pushing capital expenditure to new heights. The biggest tech companies — Google, Facebook, Apple, Amazon and Microsoft — are acquiring everything from real estate to data centers to warehouses in order to keep up with customer demand and each other. It remains to be seen whether investing all this cash will put more distance between these companies and their competitors or if it will just be another burden on their balance sheets.
Here are all 5 companies historical capex spending in 5 charts: