Apple's Annual R&D Spending Jumps by More Than $11 Billion

Apple's research and development (R&D) spending increased by $11.22 billion in fiscal 2026, reaching $45.77 billion, according to the company's financial statements. The figures represent a 32% increase from $34.55 billion in fiscal 2025. That works out to roughly $125 million a day spent on developing Apple's products and technologies during its financial year, which ended on September 26. Research spending grew considerably faster than sales. Apple's annual revenue increased 15%, while its R&D expenses rose by nearly a third. The company now spends close to one dollar on research and development for every ten dollars it brings in. Despite the annual jump, spending barely changed between the final two quarters of the year. Apple recorded $11.730 billion in R&D expenses in the September quarter, just $1 million more than the $11.729 billion reported in its June-quarter results. Apple previously linked its growing development budget to AI. During its April earnings call, CFO Kevan Parekh said AI investment would come on top of spending already planned for Apple's product roadmap. Then-CEO Tim Cook also highlighted increased R&D spending when asked about the company's AI investments. Popular StoriesApple Launching Five New Products This FridayMonday November 2, 2026 1:22 am PST by Tim HardwickApple is releasing five new products this Friday, November 6, following pre-orders that opened last week, including its first touchscreen MacBook Pro models. The following new products will be available from Friday: iPad mini with OLED display and A20 Pro chip iMac with M6 chip 14-inch MacBook Pro with M6 chip 14-inch MacBook Pro with OLED touchscreen 16-inch MacBook Pro with OLED...Apple Alerts Stores to iPhone Duo's Display Cracking IssueIn a memo shared with Apple Stores and Apple Authorized Service Providers this week, and later obtained by MacRumors, Apple provided technicians with guidance on how to diagnose and address the iPhone Duo's inner display cracking issue. If a customer reports the issue, Apple advised technicians to inspect the iPhone Duo and repair or replace it in accordance with their standard procedures....Apple Isn't Done With 2026: Here's What's Still ComingMonday November 2, 2026 7:27 am PST by Tim HardwickApple's busiest season isn't over yet. Far from it. With two hardware launch dates still to come in November, plus software updates and new smart home accessories running into December, there's more on the way from Apple before the end of 2026, so be sure to stick around. Below, we've rounded up what's still coming, along with one date in particular that's worth watching if you're a holiday...