Apple's R&D spending has been a point of discussion as it has allocated $ 16 billion for 2019, according to the latest CNBC report.
New iPhones, MacBook, iPad models, Wearables and fresh Service Launch have been set for traditional September / October 2019. This also speaks to the type of products and services it will bring for 2020 and years to come.
Apple places its bid on new products and services through R&D
Since its inception, Apple has focused on star presenter Apple iPhones models and variants that continue to emerge from time to time. It earned record revenue and profits for the Cupertino company.
The debate will rage from all corners regarding the investments made ̵
Apple is also working on Face ID and touch ID under the screen, and Augmented Reality and Virtual Reality ( AR Glasses ) areas will all need a lot of research and development work for to get the products out by 2021.
In revenue Tim Cook, Apple Inc.'s CEO, clearly invested Apple's foray into the service segment. Services include Apple Pay, Apple Card and Apple Wallet in addition to the Apple Apps Store which looks like a secure shot money spinner for the company.
“ We want to improve the user experience and differentiate our products and services in the market. So we will continue to do so, ”Maestri said. "Of course, there are some types of investments that are very strategic to us, and they will have long-term implications. "
Apple may also look for a few acquisitions and innovations in its way of climbing its success rate in areas such as Music and podcasts where it checks out original content.
Apple's R&D allocation to shoot forays into New Technologies
If comparisons drawn on R&D spend over sales between tech giants – Microsoft (13.4%), Google (15.7%), Apple stands nowhere. The R&D amount of $ 4.2 billion for Fiscal Quater III 2019 was 7.1% of revenue earned for that period – the highest ever since 2003.
Apple will need to allocate a large budget to research and development that delves deeply into artificial intelligence – driverless or self-driving cars.
At the last point, it has been reported that Apple is hiring to increase its efforts in the area that sees Tesla as a & # 39; big dad. & # 39;
So, besides AR / VR and new iPhones and MacBooks, etc., are you looking for self-driving cars from Apple? Tells us now that we can set tongues to turn !!