[andsoitis]

> Do they even do any R&D anymore?

Yes.

“Apple annual research and development expenses for 2024 were $31.37B, a 4.86% increase from 2023. Apple annual research and development expenses for 2023 were $29.915B, a 13.96% increase from 2022. Apple annual research and development expenses for 2022 were $26.251B, a 19.79% increase from 2021”

— https://www.macrotrends.net/stocks/charts/AAPL/apple/researc...

[monocasa]

R&D spending is basically a lie at most tech companies because of how the tax grants for R&D spending work.

[andsoitis]

> R&D spending is basically a lie

Chips, for one, don’t research themselves: https://www.apple.com/uk/newsroom/2023/03/apple-accelerates-...

[monocasa]

Yes, but any numbers they list are a lie, and are essentially whatever maxes out the R&D tax credit.

[seanmcdirmid]

Software developers are consider the D in R&D, much of it is just engineering salary cost since they are a tech company.