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

Kenu Airframe Plus

Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this y ...

Plantronics Rig Surround 7.1 headset

Trying to capture the true soundscape of video games can be a daunting task. Looking to surround-sound home theater options, users hav ...

Adesso Compagno X Bluetooth keyboard

The shift from typing on physical keyboards to digital versions on smartphones and tablets hasn't been an easy for many consumers. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News