Apple’s $425 million spike in R&D spending points to new products in pipeline

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Eddy Cue thinks 2014 will be the best product pipeline Apple’s had in 25 years, and according to the company’s latest filings with the Securities and Exchange Commission, Cupertino is certainly pouring enough money into R&D to back him up.

Apple increased spending in research and development 36 percent year-over-year in Q3, with an extra $425 million being funneled into R&D in the last quarter alone.