Tech

Apple Boosts R&D Spending Amid AI Competition

Updated 2026-05-06 12:20 UTC 1 source Neutral

Apple has increased its research and development spending to 10% of revenue for the first time in at least 30 years, driven by a heightened sense of urgency in the AI race.

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CNBC

Apple's R&D investments top 10% of sales as AI race creates 'sense of urgency'

Apple’s R&D spending has crossed 10% of revenue for the first time in at least 30 years, and increased twice as fast as sales in the latest quarter.

2026-05-06 12:00 UTC