Apple Inc. Doubles Down on Its Future

One of the most important financial figures to keep an eye on when it comes to technology companies is spending on research and development (R&D). Spending on R&D, in absolute terms, as well as in terms of year-over-year changes, can be a reasonable indicator of how aggressively a company is spending to try to develop new technologies and products to go after its current, as well as potentially new, markets.

Apple (NASDAQ: AAPL) has been increasing its research and development investments at a relentless pace, and based on the company's most recent financial results, it doesn't seem to have any intention to slow that spending.

Image source: Apple.

Source: Fool.com