(Source: pennyfornasa)

The Apple Rocketship

Random thoughts on capital expenditures and space travel.

benjaminalexander:

Horace Dediu, on Apple’s PP&E:

This means that Apple intended to spend $8 billion, actually spent $8.3 billion and realized a net asset gain (after depreciation) of $7.7 billion.

Coincidentally, according to Claude Lafleur of The Space Review:

 The US has spent $486 billion over 57 years on human spaceflight, an average of $8.3 billion a year.

In real dollars, the Apollo program cost about $109 billion over 15 years. A billion dollars less per year. 

Just stunning.
(via APOD: 2011 May 17 - A Starry Night of Iceland)