Apple is notorious for being selective about what they classify as true R&D, but it’s not even close: $18.75 billion in 2020 on R&D [1] $77 billion on buyback

Apple is notorious for being selective about what they classify as true R&D, but it’s not even close: $18.75 billion in 2020 on R&D [1] $77 billion on buybacks in the last four quarters [2] [1] https://www.statista.com/statistics/273006/apple-expenses-for-research-and-development/ https://www.statista.com/statistics/273006/apple-expenses-fo... [2] https://www.barrons.com/articles/tech-giants-have-ramped-up-stock-buybacks-apple-is-the-champ-51619780412 https://www.barrons.com/articles/tech-giants-have-ramped-up-...