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Apple's R Up 32 Percent In 2013, Still Dwarfed By Rivals

wochit technology
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October 30, 2013 AT 4:29 PM
Apple's research and development expenses hit new highs this year, but continue to remain a sliver of how much it spends -- especially when stacked up to competitors. The company spent nearly $4.5 billion on research and development. That's up about $1.1 billion or 32 percent from last year.