Apple R&D spending continues to increase as it invests in core iPhone tech, future products
August 4, 2019
A new report from this weekend explores Apple’s growing investment in research and development. Apple reported its Q3 2019 earnings last Tuesday, revealing that its R&D spending has hit a new all-time high.
During the fiscal third quarter of 2019, Apple spent $4.2 billion on research and development. That marks the most Apple has ever spent on R&D during a…