Update
Microsoft CFO Projects $170 Billion in Capital Expenditures
Microsoft's chief financial officer, Amy Hood, projects the company will spend about $170 billion on capital expenditures this calendar year. This figure, lower than an earlier estimate of nearly $190 billion, is due to a change in how the company classifies certain leases. The change extends the estimated useful life of data centers and office buildings from 15 years to 25 years, reducing the reported capex figure investors watch closely.