Apple R&D spending jumps to $2.5B in Q2, accounted for 5% of total revenue

Apple’s research and development spending spiked at an all time high of more than $2.5 billion during the second quarter of 2016, with the unusually large $600 million year-over-year jump owing primarily to new hires and related expenses, Apple said in a Securities and Exchange Commission filing.

Source:: Apple Insider