Apple Inc. Boosted R&D Spending Again in Fiscal 2017
Over the last several years, Apple (NASDAQ: AAPL) has continued to dramatically increase its spending on research and development.
Fully funded research and development activities are critically important to a company's long-term success. Such spending allows companies to both significantly enhance existing product lines (in Apple's case, this would include iPhone, iPad, Mac, and Apple Watch) while also working to develop entirely new product categories.
Image source: Apple.
Source: Fool.com
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