Apple (AAPL)

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188.76 -0.08  -0.04% NASDAQ Jun 18, 16:59 Delayed 2m USD

Apple Research and Development Expense (TTM):

12.72B for March 31, 2018
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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  
March 31, 2018 12.72B
Dec. 31, 2017 12.12B
Sept. 30, 2017 11.58B
June 30, 2017 11.15B
March 31, 2017 10.78B
Dec. 31, 2016 10.51B
Sept. 30, 2016 10.04B
June 30, 2016 9.695B
March 31, 2016 9.169B
Dec. 31, 2015 8.576B
Sept. 30, 2015 8.067B
June 30, 2015 7.533B
March 31, 2015 7.102B
Dec. 31, 2014 6.606B
Sept. 30, 2014 6.041B
June 30, 2014 5.523B
March 31, 2014 5.098B
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
March 31, 2009 1.224B
Dec. 31, 2008 1.178B
Sept. 30, 2008 1.109B
June 30, 2008 1.018B
March 31, 2008 934.00M
Dec. 31, 2007 844.00M
Sept. 30, 2007 782.00M
June 30, 2007 754.00M
March 31, 2007 721.00M
Dec. 31, 2006 714.00M
Sept. 30, 2006 712.00M
June 30, 2006 680.00M
March 31, 2006 650.00M
Dec. 31, 2005 593.00M

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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

Cisco Systems 6.205B
Intel 13.08B
Micron Technology 1.852B

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

Minimum 4.213B Jun 2013
Maximum 12.72B Mar 2018
Average 8.290B

AAPL Research and Development Expense (TTM) Excel Add-In Codes

  • Metric Code: r_and_d_expense_ttm
  • Latest data point: =YCP("AAPL", "r_and_d_expense_ttm")
  • Last 5 data points: =YCS("AAPL", "r_and_d_expense_ttm", -4)

To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.

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