Apple Ranks 91st in U.S. R&D Spending at $471M
First on TMO - Apple Ranks 91st in U.S. R&D Spending at $471M
by , 11:30 AM EST, December 1st, 2004
Apple Computer ranked 91st among American businesses in spending on research and development in 2003, according to a just announced list from Technology Review magazine.
Apple spent US$471 million in 2003 on R&D, a 6% increase over 2002, or $25 million more than the previous year.
Apple R&D accounts for 8% of its sales, the survey showed. The Mac and iPod maker spends $34,719 on R&D for each of its employees.
The 2004 R&D Scorecard of the top 150 spenders showed Apple sixth among the top nine computer hardware makers in spending. IBM was first among computer companies and 19th overall, followed by Hewlett-Packard in second and 24th overall. In comparison, IBM spent $5 billion on R&D in 2003; HP spend $3.6 billion. IBM had a 7% increase in R&D spending, or $318 million more. HP spent 10% more, or $340 million.
The trend among computer manufacturers in 2003 was to spend less on R&D, with a .4% overall decline.
Recent TMO Headlines - Updated September 21st
- Wed, 6:15 PM
- iPhone X Production Not Ramping Up Until Mid October
- Wed, 5:22 PM
- You Can Still Restore iOS Apps From Your Hard Drive
- Wed, 4:45 PM
- Mass Delete Apps With the Help of iMazing
- Wed, 4:34 PM
- watchOS 4 Astronomy Face STILL Doesn't Display 'Seconds'
- Wed, 4:17 PM
- Apple Makes it Harder for Government Apps to Proliferate
- Wed, 3:53 PM
- iOS 11, Siri, APFS Backups, and T-Mobile's Band 71 - ACM 429
- Wed, 3:18 PM
- Freeter Pro: $9.99
- Wed, 2:00 PM
- PSA: Bluetooth and Wi-FI Settings in Control Center Aren't What They Seem
- Wed, 1:31 PM
- LTE Apple Watch Has Problems, And We're Just Finding Out
- Wed, 1:28 PM
- The Good and Bad in iOS 11 and watchOS 4 - TMO Daily Observations 2017-09-20
- Wed, 12:43 PM
- iOS 11: How to Turn Photos into Custom Apple Watch Faces
- Wed, 11:25 AM
- You Have Me to Blame for the iTunes 12.7 Fiasco...
