Apple?s R&D Spending Climbs $1 Billion To $3.4 Billion During FY 2012

Apple released its 10-K filing with the SEC today, reflecting its financial status and records for the entirety of 2012. Most of the content is what we've seen already from quarterly results, but a couple of statistics stood out as particularly interesting and worthy of note. For one, Apple spent $3.4 billion in research and development during its 2012 fiscal year, up $1 billion from 2011.

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