Printed from http://www.electronista.com

Apple R&D expenses up 33 percent in March quarter, SEC filing shows

updated 04:13 pm EDT, Wed April 24, 2013

Company cites growing workforce, 'expanded' activities

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.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

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

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Thecus N2310 NAS

For every computer user, there comes a point of critical mass in data storage. When it hits, external hard drives, USB sticks and DVD ...

iRig Pads

When it comes to mobile music products, IK Multimedia has positioned itself as one of the top suppliers. Right from the early days of ...

DoxieGo Portable Scanner

Sometimes, people need to scan things, but having a computer at hand to do so isn't exactly feasible. Maybe it's the home of a relativ ...

Sponsor

toggle

Most Commented

 
toggle

Popular News