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The fraction of income that goes into research is not that large for the companies that you mention. Lets remember that these are not traditional monopolies, i
by pm90 9y ago
The fraction of income that goes into research is not that large for the companies that you mention.
Lets remember that these are not traditional monopolies, in the sense of Standard Oil. They are much worse, as they are so embedded in the lives of people today. Their status as monopolies will be tolerated by society only as far as they don't exhibit anti-competitive practices.
- sib 9y agoTop spending by US companies on R&D (latest fiscal year): Amazon: $16.1B Alphabet: $13.9B Intel: $12.7B Microsoft: $12.3B Apple: $10.0B For most of these companies, they are spending more than their income on R&D (but less than revenue, of course.) (Recode/FactSet data)
- joshuamorton 9y agoRevenue numbers for comparison: Amazon: 136B Alphabet: 90B Intel: 60B Microsoft: 90B Apple: 214B ---------------- And Gross Income: Amazon: 58B Alphabet: 55B Intel: 36B Microsoft: 55B Apple: 83B