$900 million

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Apple announced its plan last year to spend roughly $900 million opening 40 new retail locations in 2012. In March, we told you new stores were coming to Germany, Spain, Australia, and France‘s Burgundy wine region, and several reports this week confirmed a handful of new locations for the United Kingdom, France, and Canada. Ten of the 40 stores Apple planned for 2012 will début in the U.S., and recent reports indicated two of those U.S. stores will be located in California and Salt Lake City…
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We already knew from Apple’s 10-K report in October that the company planned to spend approximately $900 million on retail stores during 2012. The investment would account for the opening of roughly 40 new locations throughout the year. At least some of that investment will be going toward three new stores in Germany, one in the northwest region of Spain, and others in Australia and France’s Burgundy wine region.

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