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Apple: expenditure on research and development 2007-2018

Apple Inc's expenditure on research and development from 2007 to 2018 (in billion U.S. dollars)

by Shanhong Liu, last edited Aug 9, 2019
Apple: expenditure on research and development 2007-2018 Apple Inc. spent a record 14.24 billion U.S. dollars on research and development in 2018, increasing by over two and a half billion from its 2017 total. The company’s massive research and development budget over the years has led to the release of various famous products including the iPhone, iPod, MacBook, and iPad.

Apple Inc.

Since its famous beginning in a garage in California, Apple has grown into a tech industry giant, today holding the title of the world’s most valuable brand. The company released over a dozen new products in 2018, with new generations of its iPhone, Apple Watch, and iPad being released alongside the introduction of its newest product, the Apple HomePod. In addition to its consumer electronics products, the company develops a variety of software packages, applications, web browsers, and more recently, cloud technology offerings. Apple’s massive range of compatible products and software bring in hundreds of billions of dollars in revenue each year and made it the first public company whose market value reaches the one trillion U.S. dollar landmark.
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Apple Inc's expenditure on research and development from 2007 to 2018 (in billion U.S. dollars)

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