After a brief lull, Apple's R&D expenditures are once again exploding higher. In Episode 122, Neil analyzes the latest Apple R&D trends. After discussing three drivers for R&D growth, Neil goes over the two new products likely responsible for the recent surge in R&D expenditures. The episode concludes with Neil's grand theory on Apple R&D. Receive Neil's analysis and perspective on Apple throughout the week via exclusive daily updates. To subscribe, visit AboveAvalon.com/membership.