While rivals plow money into data centers, Apple spends big on buybacks

MacDailyNews
Oct 31, 2025, 2:02 pm320 pts
Apple’s Reno, Nevada data center While other Magnificent Seven members pour billions into artificial intelligence initiatives, Apple is holding back. Its free cash flow is fueling the tech industry’s largest buybacks program. Andrew Bary for Barron’s: ‎ The spending disparity, apparent in Apple’s Thursday…

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