Google CapEx Continues To Trend Lower

Google (GOOG) spent $263 million on its infrastructure in the first three months of 2008, the lowest quarterly total since it began operating its own data centers, as it continued in cash conservation mode. The first quarter capital expenditure (CapEx) total, which was included in today’s earnings release, was less than a third of the $842 million Google spent on its data centers in the same quarter in 2008.