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  • Apple R&D Expenditures Top $8.1 Billion in 2015


    In a recent SEC filing, it was reported that Apple’s fiscal 2015 research and development expenditures topped $8 billion. This illustrates that the company’s continued efforts towards new avenues of growth beyond the current iOS Apple Watch, Mac and Apple TV platforms. Coming in at $8.07 billion, Apple’s R&D expenditures accounted for roughly 3% of the company’s total net sales for the 12-month period ending in September, which is also the same portion of sales that were spent during 2013 and 2014.

    By maintaining a constant R&D spend ratio as sales skyrocketed, Apple was able to fund an increase of roughly $2.03 billion year-over-year, equivalent to 34%. For those of you who didn’t know, R&D is a vital item for Apple as the Cupertino California company is expected to deliver compelling cutting edge technology on a regular basis. Alongside annual product refreshes, Apple and other tech giants are constantly looking to branch out into new segments, evidenced by the annual smartwatch platform race.

    During its most recent quarter, Apple infused $2.2 billion into R&D operations, which is equivalent to 4% of its record-breaking $51.5 billion in revenue. Spending is currently up to $190 million sequentially while year-over-year change is at 34%.

    Apple doesn’t disclose work on future projects and products are often in development for years before shipping but the increased R&D spending indicates work on a massive project beyond expected upgrades. Rumors are indicating that the company is currently developing an electric vehicle known as “Project Titan.” Breaking into the automobile industry for Apple isn’t a small task, even though it’s one of the world’s largest companies. Billions of dollars in investment capital could potentially make a nice seed fund.

    The Cupertino California company has been leveraging secret research labs, poaching automotive engineers and has made a handful of acquisitions all of which have led to advanced development of a so-called “Apple Car.” Sources have been stating that Apple is considering the construction of a huge development center in San Jose that could one day be used for assembling a vehicle. Apple also seems to be putting capital toward R&D centers strategically located in the tech industry hotspots all around the world.

    We’ll have to wait to see what role the increased R&D spend plays in Apple’s future.

    Source: SEC via AppleInsider
    This article was originally published in forum thread: Apple R&D Expenditures Top $8.1 Billion in 2015 started by Akshay Masand View original post