to be fair- theres not a billion dollars being spent on just magic bands. it's all their internet and IT infrastructure.
For example I've read in the business pages they plan to spend 452 million to remove .go.com from all the WDW webpages. They consider that will be a bargain as they've wasted 2.5 billion on the go network since it's inception until they abandoned it earlier this year.
Iger was quoted as saying "it's a small price to pay to remove those two pesky letters and the extra dot from all our web addresses. We consider this a down payment in moving our IT department into the later 1980's. Who knows where this may lead? Perhaps with just another billion we will be able to gather enough momentum to upgrade the Apple IIC that runs the WDW monorail system- our transportation folks have their eye on an Apple LISA currently housed in the smithsonian. I know just last week my laptop was upgraded to windows 95 by our wonderful IT folks!"

<ducks and runs>
For example I've read in the business pages they plan to spend 452 million to remove .go.com from all the WDW webpages. They consider that will be a bargain as they've wasted 2.5 billion on the go network since it's inception until they abandoned it earlier this year.
Iger was quoted as saying "it's a small price to pay to remove those two pesky letters and the extra dot from all our web addresses. We consider this a down payment in moving our IT department into the later 1980's. Who knows where this may lead? Perhaps with just another billion we will be able to gather enough momentum to upgrade the Apple IIC that runs the WDW monorail system- our transportation folks have their eye on an Apple LISA currently housed in the smithsonian. I know just last week my laptop was upgraded to windows 95 by our wonderful IT folks!"

<ducks and runs>