Apple quarterly research and development expenses 2020-22
Quarterly research and development expenses of Apple 2020-2022
Amounts are in millions.
Fy/quarter | R&D expenses (in millions) |
2022 Annual | $26,251 |
2022 q4 | $6,761 |
2022 q3 | $6,797 |
2022 q2 | $6,387 |
2022 q1 | $6,306 |
2021 Annual | $21,914 |
2021 q4 | $5,772 |
2021 q3 | $5,717 |
2021 q2 | $5,262 |
2021 q1 | $5,163 |
2020 Annual | $18,752 |
2020 q4 | $4,978 |
2020 q3 | $4,758 |
2020 q2 | $4,565 |
2020 q1 | $4,451 |
Q4 2022: Apple spent around $1 billion more on research and development in the fourth quarter of 2022 compared to the same quarter of the prior year. In the fourth quarter of 2022, its R&D expenses reached $6.8 billion compared to $5.8 billion in the same quarter of the prior year. The company spent total $26,251 million on R&D in 2022 compared to $21,914 million in 2021.
Q2 2022: Apple spent $6,387 million on research and development in q2 2022 compared to $5,262 million in q2 2021. The company spent $12,693 million in H1 2022 on research and development compared to $10,425 million in H1 2021.
Q2 2021: The quarterly research and development expenses of Apple increased to $6.3 billion in 2022 q1 compared to $5.16 billion in the first quarter of 2021.
Apple set a new record in terms of quarterly revenues in the first quarter of 2022. Its quarterly net revenues soared to $123.95 billion in 2022 q1 compared to $111.44 billion in 2021 q1.