“At the end of May, Apple SVP Eddy Cue told Re/code, ‘We’ve got the best product pipeline that I’ve seen in my 25 years at Apple.’ That’s a bold statement, considering Apple’s excellent run of new products in the last decade-and-a-half,” Adam Levy writes for The Motley Fool.
“But, one line item from Apple’s earnings results indicates the company is working on something important. Perhaps its just a new version of the iPhone with a larger screen, or maybe it’s the long-awaited wearable device. It could be a payments service, or it could be something nobody saw coming,” Levy writes. “One thing is for certain — money doesn’t lie — and Apple is spending a lot of money on R&D for new products.”
“Over the last four quarters, Apple’s R&D budget increased to $5.5 billion. For fiscal 2014, Apple is spending at a $5.8 billion run rate. In fiscal 2011, the first full year of iPad sales, R&D spending was just $2.4 billion,” Levy writes. “Apple bears are keen to point out that Apple hasn’t released anything particularly innovative since the iPad, yet the company has increased R&D spending by over $3 billion per year. I’m pretty sure it doesn’t take $3 billion to make the iPad smaller or improve the specs on the iPhone. Apple was able to improve the Mac for years with an R&D budget well below $1 billion… Apple is working on something and management is particularly excited about what’s in the pipeline. Tim Cook reiterated at the end of his prepared remarks for the earnings call, ‘We have an incredible pipeline of new products and services that we can’t wait to show you.'”
Read more in the full article here.
Related article:
Apple set new all-time R&D spending record last quarter – July 23, 2014
I think Apple is secretly building an inter-dimensional teleporter into the framework of the spaceship campus.
The most beautiful teleporter ever.
It works like magic!
Boom! …no wait! That’s the prototype.
Samsung are working on one too based on the specs they have heard about, unfortunately so far they have only been able to transport into Outer Mongolia. However they are extremely happy as it makes for a very efficient low cost redundancy scheme and are working closely with Microsoft apparently to the chagrin of Google.
analysts will pan it and the stock will go down…
analyst : “although Apple’s teleporter can send anything right across the Universe , can even mutate lead into GOLD and create FREE ENERGY , it cannot do TIME TRAVEL For us that is a fail and incomprehensible , aapl price target $2…. “
Analyst Apple Teleporter UPDATE:
Analyst : “Samsung has demoed it’s own matter teleporter. Although preliminary tests show that occasionally human beings sent through the device end up looking like ROTISSERIE CHICKENS on the other end we still have great hopes for the device as it is CHEAPER ($1990 vs Apple’s $2000) and comes with extras like a CAN OPENER. Stiff competition like this applies pressure on aapl. Readjusted aapl price target to $1… “.
Samsung understands that consumers want a bigger ring on their tele porters. Besides, as industry leaders, they came up with the idea first, right after Apple demoed it.
Samsung licenses “free” Borg technology to compete with Apple on price, downplays concerns over terms of service and assimilation risks.
Xiaomi CEO Lei Jun came up with a replica of Apple’s teleporter. Strangely enough people were transported into the Stone Age!
One thing I’ve learnt over years is totally ignore ANALysts.
They really don’t matter a gnats arse.
And no USB port!
The new Beats headphones are going to be amazing! /s
Apparently many readers are not aware what “/s” denotes…
Sausages?
Could be. I’m one of the readers who doesn’t know what it means. 😉
That, or they don’t think the remark should be considered sarcastic. There’s no accounting for taste. Or sound, apparently.
SJBMusic below seems to understand what I meant. /s = sarcasm
Thanks. Now if I only knew what 😉 means…
From the article: “Apple bears are keen to point out that Apple hasn’t released anything particularly innovative since the iPad, yet the company has increased R&D spending by over $3 billion per year”
Foolish, a new programming language, operating system Mac Pro 64 bit phone, the structural component of glass and liquid metal, car play, Siri, icloud. Gosh where do they get people to be such bears on Apple…oh yeah, say no more I can imagine the country they come from, say no more.
On the other hand these Apple bears haven’t released anything particularly innovative since FUD and Apple is Doomed except for maybe the fire Tim Cook mantra.
Apple is planning something huge = business as usual.
Until these brain dead analysts play with a new product they refuse to believe there is something new in development.
They still think innovation at Apple died with Steve Jobs and refuse to change that view, which is based on nothing but a fallacy.
I’m not sure where they think the record amounts of R&D spending went. A quick check at Patently Apple would tell them that Apple has been granted dozens of patents every week.
Maybe they think the Apple engineers just play Candy Crush all day and have blown the R&D budget buying more lives.
Meanwhile, the sky is blue!!
Wouldn’t we all like to know!
I’m still holding my breath Timber Cakes. Show us your definition of exciting sometime this century.
It was only promised for this year all along. I’m sure you must have been one of those who was angry when it didn’t happen in February, but this year is still chugging along. If it hasn’t happened by December, you can start complaining, but until then, shut up.
smh
What does smh mean? Sausages marzipan helicopters? /s 😀
I guess we need to be careful using acronyms on MDN. Oh wait, that’s another acronym!
Well, with any luck you’ll turn purple and asphyxiate yourself.
$500 A9 MacBook Air’s that weigh half as much, are half as thin, but have longer battery life. They will destroy the midrange Windows laptop market with quality, style and ease of use.
Microsoft announces another round of 18,000 layoffs next quarter as a result.
I’m waiting for “…. one more thing…” !
All that spending and Tim Cook still can’t provide an IMAP email program that enterprise users can reliably deploy. Broken since Mavericks despite three fix attempts; I think they just gave up.
Hopefully that will change with their new partnership with IBM. Though I’m no big fan of Lotus, perhaps Apple can take some of that technology and integrate it with Mail. I’m no big fan of Microsoft, but you have to admit, Exchange is a pretty good email environment. If Apple really wants to hedge into the enterprise side of business, they will need much better email, calendar, and address book clients. I guess Apple really never had an incentive to create a more fully featured robust enterprise level email system. That changes with this IBM partnership.
Lotus appears to be universally despised by anyone who’s ever used it. It’s allegedly great on the back end, but the front end users are exposed to makes Microsoft Office look like an Apple product in comparison.
Having used it I must agree. But Apple is known for great UI. So who knows.
I have eight active IMAP accounts being accessed from Mavericks. One is iCloud, one is Gmail. The other six are on commercial hosting sites which I suspect are running some Linux variants.
No issues.
I also have no issues with various IMAP servers. Perhaps the complaints are due to bad server configurations.
or are due to funding from mikkkrosloth and shamedung
Every time someone comes up with a story that apple has this wonderful magical product, nothing happens. Apple television? nada, Apple Watch? Nada, a Affordable expandable Desktop to replace the Mac Pro, Something totally Different which kills about dozen things that you really need(DVD drive, HD’s, Optical Audio, Firewire and others) and makes you spend more money to fix the missing things. Every apple event your expecting something revolutionary, but nope, nothing. People are disappointed. their product cycle is stuck on a yearly loop, unlike others that upgrade every 4-6 months. Been hearing about Apple new Products but haven’t seen sh!t, what I have seen are disappointing. Their multi million dollar server farm is a waste of money as their cloud service sucks.
See my response to L, above.
Yeah, well, perhaps you’d have a better life if you stopped paying attention to click-bait analysts who make shit up for a pastime.
And you seem to be to only whiney brat snivelling about the Mac Pro’s lack of drives and expansion, when real pros got rid of most of that crap and used external RAID arrays and other peripherals for the odd occasion they might need to burn or read a disc. Who needs DVD when 4/8Gb flash drives are cheap enough to be disposable. Even 16Gb cards are disposable from a business perspective now.
“money doesn’t lie”
Money most certainly can and does lie. E.g. If money doesn’t lie, the buckets of money spent on Samcopy products or on Winblows would seem to indicate a wonderful product was being purchased.
Enough Already! I’m ready to buy it! Give Me, Give Me!
Top Secret iBorg Clone Army is being built. IA Suri Queen Borg. Prepare to be assimilated. Mothership campus will be hyperspace ship & center of The New Galactic Order. You were warned on 072414.
OR Tim Cook is throwing more money at R&D because they’re working on many projects.
Hmm $5.8 Billion R&D and no new version of Aperture.