Apple Research and development expenses (quarterly)

Research & Development (R&D) Costs of Apple Inc. 2015- 2022.

Apple is a leading technology company with a strong persence in the computing and smartphone industry. As the level of competition in the technology industry has grown, so has the focus of brands on research and innovation. Technology giants including Apple are investing billions in the development of new products and services. Find out from the tables below how much Apple invested each quarter in R&D from 2015 to the most recent quarter of 2022.

 

FY2015R&D Costs (Millions)
Q1 $1,895
Q2 $1,918
Q3 $2,034
Q4$2,220 
Total $8,067
FY2016R&D Costs (Millions)
 Q1 $2,404
Q2  $2,511
 Q3$2,560
 Q4 $2,570
 Total $10,045

 

FY2017R&D Costs (millions)
Q1 $2,871
Q2 $2,776
Q3 $2,937
Q4$2,997
Total $11,581 

 

FY2018R&D Costs (Millions)
 Q1 $3,407
 Q2 $3,378
 Q3 $3,701
 Q4 $3,750
 Total $14,236 

 

R&D costs (mn)2019202020212022
 Q1 $3,902 $5,163$6,306
 Q2 $3,948 $5,262$6,387
 Q3 $4,257 $5,717$6,797
Q4  $4,110 $5,772$6,761
 Total $16,217 $21,914$26,251

Apple quarterly R&D expenses 2021 v 2022.

Apple's total annual research and development expenses increased by 20% in 2022 compared to 2021. Its R&D expenses remained higher for each quarter of 2022 compared to the same quarters of the prior year. In the third and fourth quarters of 2022, the company spent $6.8 billion on research and development compared to $5.7 billion and $5.8 billion in the third and fourth quarters of 2021 respectively.

Apple R&D Expenses 2018 v 2019.

During the first three quarters of 2019, the research and development expenses of Apple Inc grew by around 15% compared to the last year. Nine months ended June 29, 2019, Apple's R&D expenses were $12.1 billion compared to $10.5 billion during the same period in 2018. Total research and development expenses of Apple Inc were around 14% higher for the fiscal 2019 compared to last year. In 2019, Apple Inc spent $16.22 billion on research and development compared to $14.24 billion in 2018.

Apple is a leading brand of computing products and smartphone devices. Apart from them, it also manufactures and sells a large range of related software, services, accessories and third-party digital content and applications. Its range of products and services includes iPhone, iPad, Mac, Apple Watch, AirPods, Apple TV, HomePod, a portfolio of consumer and professional software applications, iOS, macOS, watchOS and tvOS operating systems, iCloud, Apple Pay and more accessories, services and support offerings. Apple also sales and deliver digital content and applications through iTunes Store, App Store, Mac App Store, TV App Store, Book Store and Apple Music. The company uses a mix of direct and indirect distribution channels for the sales of its products. In 2018, it achieved 29% of its sales through the direct channels and 71% through the indirect channels. Net sales of the company in FY2018 reached 265.6 Billion dollars and Net Income 59.5 billion dollars.