In Q1 2017, the Apple company increased the budget allocated for research and development, adding to 2.8 billion dollars, the largest amount in a first fiscal quarter of a year. this amount represents 5% of the total receipts recorded by those from Apple in Q1 2017, and the face is Q1 2016 we are talking about an increase of 266 million dollars.
Apple does not provide details on how it spends this money for research and development, but of course we are talking about the creation of new products. Apple employs a lot of engineers who work on a variety of projects and has a lot of costs associated with their production, the annual amounts invested exceeding 10 billion dollars.
Whether we are talking about a new iPhone, a new iPad tablet, a new Mac, or the guidance system for cars, Apple has many projects in development. To support all of them, a very large amount of money is needed, and those at Apple have large enough reserves to support any kind of investment to create great products.
Apple allocates approximately 5% of its quarterly receipts to research and development, but the amounts have never fallen below 5 billion dollars, regardless of the receipts. In this idea, Apple spends more and more every year in research and development, and things will continue at this pace.
