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Apple World Today
Jul 27, 2016, 1:41 pm303 ptsAs shown in Apple's SEC 8-K filing, Apple's R&D spending increased by over 25% year-over-year in its latest fiscal quarter to $2.56 billion. As a percentage of revenue (at 6%) it’s the highest it's ever been. It’s spent $7.5 billion on research for the year, and is on track to outpace last year’s spend,…
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