In a research note provided to AppleInsider, RBC Capital Markets analyst Amit Daryanani writes that Apple has spent a record $15.4 billion on production and new components in the June quarter.
That means the company has increased spending by 18.5% year over year in the last quarter.
Apple will also further put $5.6 billion in tooling, capital assets, research and development. This represents an increase of 300% year over year.
Daryanani believes that all this investment on the part of Apple may be a sign that besides the new iPhone 6, the iWatch could also make its appearance.
On September 9th the high-tech company is expected to announce its next flagship smartphone, possibly accompanied by the anticipated smartwatch.