Apple Spends Just 2% Of Its Revenue On R&D

Cult of Mac
By Luke DormehlNov 5, 2013, 4:06 am394 pts
Despite a budgetary increase of 32% from $3.381 billion in 2012 to $4.475 billion in 2013, Apple still spends less than 3% of its revenue (net sales total $170.91 billion so far this year) on Research & Development of new… Read more › The post Apple Spends Just 2% Of Its Revenue On R&D appeared first on Cult…

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