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July 26, 2016 10:35 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/B8P-H2A0qKQ/
Apple R&D spending is up as the company looks to new products
The big takeaway from today’s Apple earnings call: the company is investing in the future. While it’s true that revenue took a dip from $49.61 billion this quarter last year down to $42.4 billion, Cupertino’sresearch and development spending continues to trend upward. Over the past nine months, the company spent $7.475 billion on R&D – that compares to $5.847… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/B8P-H2A0qKQ/
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