Why Is Apple Spending Only 2 Percent of Its Money on Research and Development? [Factoid]

Apple is filthy rich. It sold four million phones in three days. It's worth more than Exxon. It's got a staggering stockpile of cash, just sitting around. So why does it spend merely 2.2 percent of revenue on cooking concepts? More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/bTOb7xle_3I/why-is-apple-spending-only-2-percent-of-its-money-on-research-and-development

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