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Thursday, November 1, 2012

Apple spent 3.4 billion on R&D in FY12, up $1 billion – the largest increase in company history

“Apple spent $3.4 billion in research and development during its 2012 fiscal year, up $1 billion from 2011,” Darrell Etherington reports for TechCrunch.

“The new R&D spending total for the year is… an increase that's much larger than at any time in the company's past,” Etherington reports. “Between 2011 and 2010, for instance, R&D spend rose only $600,000, and between 2010 and 2009, grew by only $500,000.”

Etherington reports, “The huge uptick in R&D spending could... mean Apple has a lot more in new products coming next year, but we'll have to wait and see.”

Read more in the full article here.

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