MacNN | Apple R&D expenses up 33 percent in March quarter, SEC filing shows
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
Apple R&D expenses up 33 percent in March quarter, SEC filing shows
Wednesday, April 24, 2013 @ 4:13pm

Apple's research and development expenses grew 33 percent year-over-year in the March quarter, or about $278 million, according to a filing with the US Securities and Exchange Commission found by AppleInsider. Overall spending for the first half of Apple's fiscal 2013 was up over $530 million, representing a 33 percent increase over the first half of 2012. Should Apple maintain higher spending, it could surpass $4 billion in R&D expenses by the end of FY2013.



In the SEC document, Apple explains that the growth in expenses is "due to an increase in headcount and related expenses to support expanded R&D activities," and "critical to its future growth." The company is believed to be working on at least two new product types, namely a smartwatch and a TV. On top of this the company must continue to research technology for Macs, iPhones, iPods, and iPads, as well as peripherals like the Apple TV set-top and AirPort routers.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • Apple to open 25 new Chinese stores in two years, says Cook - 9:31 AM EST

    Today's iPodNN Stories:
  • Windows Update driver bricks counterfeit FTDI USB-to-serial chips - 9:39 AM EST
  • Microsoft releases three apps for Android, Android Wear on Google Play - 8:47 AM EST
  • Amazon ships Fire TV in United Kingdom, Germany due on October 25 - 6:50 AM EST
  • Japanese man arrested for 3D printing guns gets two years in prison - 10:58 PM EST
  • Giveaway: Rapoo 3920P wireless laser mouse - 4:42 PM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.