For technology companies, R&D expenses directly reflect their overall strength to a certain extent, and this is true for both Apple and Huawei. After ridiculing Apple last week for the lack of innovation in its iPhone upgrades, Musk once again took aim at Apple on Monday, ridiculing the company's huge R&D spending for not producing any eye-catching results.
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Apple Online Store (China)
An X user posted: "New figures show that Apple invested a record US$26.25 billion (approximately RMB 191.5 billion) in research and development in 2022, an increase of approximately US$4 billion compared with 2021," and attached a photo showing that the iPhone 15 is one gram lighter than the iPhone 14, which seems to be the only difference between the two.
Musk responded: "The value for money seems to be very low." This is a satire that Apple's R&D investment is not proportional to the return.
For comparison, results released by Huawei show that R&D investment in 2022 will reach 161.5 billion yuan, accounting for 25.1% of annual revenue, and the cumulative R&D expenses invested in the past ten years have exceeded 977.3 billion yuan.
Under such circumstances, the Mate60 series they launched has attracted foreign attention. Many investment banks and insiders bluntly said that such strong R&D expenses have brought about technological blockades and breakthroughs, and the results are more prominent when compared with Apple.