Apple R&D spending is up as the company looks to new products -pt. from TechCrunch » Apple-

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CUPERTINO, CA - MARCH 21: Apple CEO Tim Cook speaks during an Apple special event at the Apple headquarters on March 21, 2016 in Cupertino, California. The company is expected to update its iPhone and iPad lines, and introduce new bands for the Apple Watch. (Photo by Justin Sullivan/Getty Images) The big takeaway from today’s Apple earnings call: the company is investing in the future. While it’s true that revenue took a dip from $49.61 billion this quarter last year down to $42.4 billion, Cupertino’s research and development spending continues to trend upward. Over the past nine months, the company spent $7.475 billion on R&D – that compares to $5.847… Read More

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