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Originally Posted by David Munch
...Which they've only in recent years started doing, and *only* for the main CPU in iOS-devices. The avalanche of other chips in their products, are still off the shelf components.
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They *used* to design a fair amount of the sillicon used in the macs (sound chips, memory controllers, etc), a lot of it was in the form of programable gate arrays. Not the processors though. Don't know if they do anymore since they switched to Intel chips.
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Edit: Apple spend 2.500$ billion in 2011 on R&D, which is considered quite low in the industry, compared to their income
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Almost
any amount is going to look low compared to their income.