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Apple R&D reaches $4 billion this year, up 33% from 2012

Apple is set to spend more on R&D this year than ever before

| Business, Financial & Legal News | Posted: Apr 25, 2013 8:34 am

I've made my thoughts on Apple quite clear in an editorial back in October, predicting the huge stock tumble and reduced sales on the iPhone, but one area Apple can come back is by releasing something that we don't expect.

 

TweakTown image news/2/9/29943_01_apple_r_d_reaches_4_billion_this_year_up_33.jpg

 

These devices are worked on in the company's research and development department, with R&D expenses growing 33% this year and are set to fly past $4 billion in fiscal 2013. Apple spent an additional $278 million on R&D expenses in the recent quarter, and when compared to their R&D expenditure in 2012, this number is up 33%.

 

R&D spending for the first six months of fiscal 2013 is now up $530 million year-over-year, another 33% increase from the first six months of fiscal 2012. If Apple keeps this pace, we should expect them to pass $4 billion in R&D expenses this year alone, comparing it to last years $3.4 billion R&D bill.

 

TweakTown image news/2/9/29943_02_apple_r_d_reaches_4_billion_this_year_up_33.jpg

 

If we take into consideration Apple are spending more money researching, and developing, maybe we can expect somewhat of a surprise at WWDC in June. Let's hope it's not just a small 'S' refresh, and the iPhone 5S doesn't impress.

NEWS SOURCES:Appleinsider.com

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