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by monocasa 585 days ago
R&D spending is basically a lie at most tech companies because of how the tax grants for R&D spending work.
2 comments

> R&D spending is basically a lie

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

Yes, but any numbers they list are a lie, and are essentially whatever maxes out the R&D tax credit.
Software developers are consider the D in R&D, much of it is just engineering salary cost since they are a tech company.