There are 2.8
billion reasons to
think Apple has
something big up its sleeve
Yes, it's a good bet that
Apple will release at least one major new product category this year.*
Wall Street Playbook's leading tech analyst
writes over at Seeking Alpha that
Apple in its last quarterly earnings report revealed a "$2.8
billion jump in commitment for things like new manufacturing equipment, research and development, marketing and product tooling" as well as "a 30% jump in research and development costs, which, in the quarter, reached $1.4 billion, representing a 66% jump in R&D spending in two years."
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