Apple Spending 1 Billion to Expand Site in Austin TX

With this news, I infer that Apple is cutting its costs in all front after the revised forecast. This is rare revision, happened 2nd time in the history of Apple.

That means Apple will silently move out (or rescind) all expansion projects, including Austin project, until future growth is revived.

hanera may not like to hear this, but Apple shelved similar expansion projects in the past until growth was visible.