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 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.
- Mon, 5:45 PM
- Blood in the Macintosh Water: Apple's Competitors Now Sense Weakness
- Mon, 5:29 PM
- FresheTech Splash Tunes Bluetooth Shower Speaker: $19.99
- Mon, 5:15 PM
- Apple Might Destroy the EU
- Mon, 3:49 PM
- Fitbit Aims at Apple Watch Crowd with Charge 2, Flex 2 Fitness Trackers
- Mon, 3:47 PM
- TMO Background Mode: Interview with Omni Group Software Engineer Liz Marley
- Mon, 1:31 PM
- Apple Media Event Officially Set for Sept 7
- Mon, 1:07 PM
- TMO Daily Observations 2016-08-29: Apple Watch 2 Battery, Microsoft's Smart Surface Pro 4 Ad
- Mon, 11:35 AM
- Bigger Apple Watch 2 Battery Doesn't Mean Longer Life
- Mon, 10:20 AM
- Philips Adds Motion Sensor to its Smart Home Lineup
- Sun, 12:00 PM
- MGG 620: Backups Deep Dive
- Sat, 1:34 AM
- Tim Cook Pivots to Play Active Role in Shaping Apple Narrative
- Fri, 8:35 PM