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Microsoft, I'm sure, also threw a lot of R&D money at things. I just think the money under Jobs's Apple was directed more wisely.
by jasonjei 10y ago
Microsoft, I'm sure, also threw a lot of R&D money at things. I just think the money under Jobs's Apple was directed more wisely.
- stock_toaster 10y agoLooks[1] like from it went from $7B in 2004, to $11B in 2014 when ballmer left. So a 2x increase in 10 years vs over a 5x increase in 4 years. Regardless, I still don't think that jives with the claim that Cook is focusing solely on short term returns. The "concern" about increased R&D outlay, by some big shareholders during earnings calls, has even been interesting to hear. The responses by Cook et al. have seemed pretty consistent too -- we are focusing on lots of long term projects. [1]: https://www.statista.com/statistics/267806/expenditure-on-research-and-development-by-the-microsoft-corporation/ https://www.statista.com/statistics/267806/expenditure-on-re...
- IBM 10y agoAs an outsider you can only tell if the R&D money was spent wisely in retrospect.
- jasonjei 10y agoI would say the same of insiders. Outsiders can judge this better than insiders due to independence (tunnel vision and company pride sometimes get in the way).
- IBM 10y agoPerhaps. The point is we'll find out in 5-10 years if the R&D money spent today was a good decision (and sooner for future iterations of the existing product categories).