Apple (AAPL)

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524.94 +5.93  +1.14% NASDAQ Apr 17, 8:00PM BATS Real time Currency in USD

Apple Research and Development Expense (TTM):

4.795B for Dec. 31, 2013

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Apple Research and Development Expense (TTM) Chart

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Apple Historical Research and Development Expense (TTM) Data

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Data for this Date Range  
Dec. 31, 2013 4.795B
Sept. 30, 2013 4.475B
June 30, 2013 4.213B
March 31, 2013 3.911B
Dec. 31, 2012 3.633B
Sept. 30, 2012 3.381B
June 30, 2012 3.12B
March 31, 2012 2.872B
Dec. 31, 2011 2.612B
Sept. 30, 2011 2.429B
June 30, 2011 2.278B
March 31, 2011 2.114B
Dec. 31, 2010 1.959B
Sept. 30, 2010 1.782B
June 30, 2010 1.646B
March 31, 2010 1.523B
Dec. 31, 2009 1.416B
Sept. 30, 2009 1.333B
June 30, 2009 1.273B
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About R&D Expense

R&D expenses are a line item from many companies' income statements.

R&D expense (short for research and development expense) is essentially the amount of money that a company spends to develop new products and services each year. For example, if a pharmaceutical firm hires research scientists to develop new drugs, the salaries of these researchers will generally be expensed in the R&D expense category.

Like marketing expenses, but unlike capital expenditures, R&D expenses are subtracted from revenues every year directly. Therefore, accountants treat R&D spending as an expense rather than as an investment, though there is continuous debate over whether this is the correct classification.

An investor looking at companies with large R&D expenditures should think hard about whether a single company's R&D spending is an expense (like buying rubber to produce tires) or whether it is an investment (like buying machinery to produce tires more efficiently). Determining the answer to that question can have a large impact on how the company is valued.
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AAPL Research and Development Expense (TTM) Benchmarks

Companies
Cisco Systems 6.195B
Qualcomm 5.189B
Microsoft 10.94B

AAPL Research and Development Expense (TTM) Range, Past 5 Years

Minimum 1.273B Jun 2009
Maximum 4.795B Dec 2013
Average 2.672B
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