There are 2.8 billion reasons to think Apple has something big up its sleeve

[Guest Brad Reed]

Yes, it's a good bet that Apple will release at least one major new product category this year. Wall Street Playbook's leading tech analyst writes over at Seeking Alpha that Apple in its last quarterly earnings report revealed a "$2.8 billion jump in commitment for things like new manufacturing equipment, research and development, marketing and product tooling" as well as "a 30% jump in research and development costs, which, in the quarter, reached $1.4 billion, representing a 66% jump in R&D spending in two years."

 

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Via BRG - Boy Genius Report