Apple

[Vanraw]

You mean they haven't ANNOUNCED any new products. That's very different. Tim Cook said on the earnings concall that they would be releasing new products in the fall and 2014 including "new product categories". It may take a few more months, but I suspect later this year you'll realize what they've been spending all that money on.

Also, throwing more money into R&D doesn't necessary mean more innovation and faster cycles. Microsoft spends 8 times as much as Apple on R&D, but that didn't stop Apple coming out with the iPod, iPhone, iPad, MacBook Air, etc during the same period when Microsoft came out with...Windows Vista, Windows 8 RT, the Kin, Zune, Windows Phone, the MSN Smart Watch, and 100 failed tablets.

Note that my reference to Microsoft was their growth in 80s and 90s. They have innovate since. As for apple, Dude, fall of 2014?? A digger screen iphone 6 in 2q 2014?? A year Out?? I heard that and thought to my self.... Someone needs to be fired last week. It sounded like they got together 2 hours before earnings and made ship up.

Innovated products are coming in a year and a half..... The toast is burning.