Apple’s R&D expenditures grew 32% in fiscal year 2013 to $4.5B

If there’s one company in the world I want spending more on R&D, it’s Apple.

Apple’s investments in research and development continue to grow, surging another 32 percent in fiscal 2013 to reach $4.5 billion — its highest-ever sum spent in a 12-month span.

I see this growth as responsible (it’s in line with the increase in net sales) and a great predictor of innovation to come.