If it's any consolation to the critics who contend that Apple has forgotten how to innovate, Apple's spending on research and development has climbed significantly this year.
Apple’s annual Form 10-K filing with the Securities and Exchange Commission is giving us a good look inside of the tech giant's R&D expenditures. And so far this year, they're up 32 percent.
What that boils down to in terms of dollars and cents is about $4.5 billion. That's how much Apple has coughed up for research and development in 2013.
Apple accounts the increase in expenditure to increase in personnel, also to increased expenditures it had to make to support expanded activities. Apple believes that “focused investments” in R&D are crucial to its future growth, the filing states, and that it expects to make further investments in this sector down the line.