Apple increases R&D spend to nearly $2.8B in fiscal Q2
Apple increased its research and development budget to nearly $2.8 billion during the second fiscal quarter of 2017, meaning the company spent a almost $5.7 billion on the line item over the past six months. Apple’s R&D offices at Apple Park.According to a Securities and Exchange Commission filing published on Tuesday, Apple spent a total of $2.78 billion on R&D for the second fiscal quarter of 2017, equal to just over 5 percent of quarterly net sales. The figure represents an increase of $266 million from the same period a year ago. While an official explanation for the increased outlay was not mentioned, Apple has in the past connected R&D growth to new hires and related expenses. Like other successful tech industry firms, Apple consistently grows its R&D commitment with each passing quarter as its various product segments expand.
Källa: Apple increases R&D spend to nearly $2.8B in fiscal Q2
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