Both mean the same thing, and are identical apart from the pronunciation. The NOAD reports /ˈæpləkəbəl/ as the pronunciation of the word in American English, and /əˈplɪkəb(ə)l/, /ˈaplɪkəb(ə)l/ as the British pronunciation.
How do you say applicable?
What is a correct pronunciation?
Pronunciation is the way in which a word or a language is spoken. This may refer to generally agreed-upon sequences of sounds used in speaking a given word or language in a specific dialect (“correct pronunciation“) or simply the way a particular individual speaks a word or language.
Which pronunciation is correct British or American?
Americans usually pronounce every “r” in a word, while the British tend to only pronounce the “r” when it’s the first letter of a word. There are also differences between American and British English in the areas of spelling, vocabulary and grammar.