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R&D is exactly what an innovative, cash-rich company is supposed to do. And it's precisely why I would never invest in Apple, no matter how promising and succe
by m52go 11y ago
R&D is exactly what an innovative, cash-rich company is supposed to do.
And it's precisely why I would never invest in Apple, no matter how promising and successful their product strategy is. Their stagnated mountains of cash are a monumental waste of resources doing no one any good.
- atopal 11y agoThrowing more money at something doesn't necessarily lead to a better outcome. Nokia was outspending Apple 9 times on R&D[1] and it didn't help them at all. [1] http://blogs.wsj.com/tech-europe/2012/05/14/nokia-outspent-apple-nine-times-on-rd/ http://blogs.wsj.com/tech-europe/2012/05/14/nokia-outspent-a...
- m52go 11y agoAgreed. But throwing no money at anything necessarily leads to a worse outcome. They could be doing R&D/investing it (+jobs, +spending), donating it (-taxes, +social good), or simply paying it back to shareholders if they can't figure it out (+money in circulation). Anything is better than nothing.
- atopal 11y agoI don't agree with that statement, but I don't even understand how it would apply to Apple. Apple spent $6 billion on R&D in 2014 [1] and that number has been increasing almost exponentially for years [2]. [1] http://www.ibtimes.com/apple-spent-6-billion-rd-nearly-100-percent-2012-1714782 http://www.ibtimes.com/apple-spent-6-billion-rd-nearly-100-p... [2] http://www.engadget.com/2014/02/12/a-look-at-apples-randd-expenditures-from-1995-2013/ http://www.engadget.com/2014/02/12/a-look-at-apples-randd-ex...
- swalsh 11y agoWhat about Bell labs, some of the most important innovations of the 20th century came from there, and it was an example of a large company throwing money at R&D. Honestly, i'm glad they did https://en.wikipedia.org/wiki/Transistor#History https://en.wikipedia.org/wiki/Transistor#History