Apple Inc. Annual Research and Development Expense in USD from 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
Apple Inc. quarterly/annual Research and Development Expense history and growth rate from 2010 to 2024.
  • Apple Inc. Research and Development Expense for the quarter ending September 28, 2024 was $7.77B, a 6.27% increase year-over-year.
  • Apple Inc. Research and Development Expense for the twelve months ending September 28, 2024 was $31.4B, a 4.86% increase year-over-year.
  • Apple Inc. annual Research and Development Expense for 2024 was $31.4B, a 4.86% increase from 2023.
  • Apple Inc. annual Research and Development Expense for 2023 was $29.9B, a 14% increase from 2022.
  • Apple Inc. annual Research and Development Expense for 2022 was $26.3B, a 19.8% increase from 2021.
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $31.4B +$1.46B +4.86% Oct 1, 2023 Sep 28, 2024 10-K 2024-11-01
2023 $29.9B +$3.66B +14% Sep 25, 2022 Sep 30, 2023 10-K 2024-11-01
2022 $26.3B +$4.34B +19.8% Sep 26, 2021 Sep 24, 2022 10-K 2024-11-01
2021 $21.9B +$3.16B +16.9% Sep 27, 2020 Sep 25, 2021 10-K 2023-11-03
2020 $18.8B +$2.54B +15.6% Sep 29, 2019 Sep 26, 2020 10-K 2022-10-28
2019 $16.2B +$1.98B +13.9% Sep 30, 2018 Sep 28, 2019 10-K 2021-10-29
2018 $14.2B +$2.66B +22.9% Oct 1, 2017 Sep 29, 2018 10-K 2020-10-30
2017 $11.6B +$1.54B +15.3% Sep 25, 2016 Sep 30, 2017 10-K 2019-10-31
2016 $10B +$1.98B +24.5% Sep 27, 2015 Sep 24, 2016 10-K 2018-11-05
2015 $8.07B +$2.03B +33.5% Sep 28, 2014 Sep 26, 2015 10-K 2017-11-03
2014 $6.04B +$1.57B +35% Sep 29, 2013 Sep 27, 2014 10-K 2016-10-26
2013 $4.48B +$1.09B +32.4% Sep 30, 2012 Sep 28, 2013 10-K 2015-10-28
2012 $3.38B +$952M +39.2% Sep 25, 2011 Sep 29, 2012 8-K 2015-01-28
2011 $2.43B +$647M +36.3% Sep 26, 2010 Sep 24, 2011 10-K 2013-10-30
2010 $1.78B Sep 27, 2009 Sep 25, 2010 8-K 2013-04-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.