Scalper1 News
Google’s (GOOGL) capital spending popped 57% in Q4 to $3.55 billion, topping Wall Street estimates, and the Internet search giant’s cash balance rose 10.6% to nearly $60 billion. Despite its heavy investments, Google could start paying a dividend like Apple (AAPL), RBC Capital speculated late last year. In Q4, Google’s capital spending accounted for 20% of gross revenue, up from 14% in the year-earlier quarter and 8% in Q4 2012. On Google’s Scalper1 News
Scalper1 News