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Apple 8-K filing shows Apple spent $1.6B on June-quarter R&D

updated 01:00 pm EDT, Wed July 23, 2014

Amount up $425M year-over-year

Apple's spending on research and development jumped 36 percent year-over-year in the June quarter to $1.6 billion, according to the company's latest 8-K filing with the SEC. That brings the company's R&D totals for fiscal 2014 so far to $4.36 billion, 32 percent more than it spent during the same timeframe in 2013. The pacing of R&D has also accelerated throughout 2014.

The company is typically tight-lipped about its research efforts, but has likely been working on technologies set to premiere in the iPhone 6 and iWatch this fall, as well as long-term projects aiming a year or more into the future. Devices like the iPhone and iPad began development years before their official announcements.




by MacNN Staff

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