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Having spent a whole lot of time researching the effects of patents in the pharmaceutical world, I am really going to question you on that as well. Do you know
by betterth 15y ago
Having spent a whole lot of time researching the effects of patents in the pharmaceutical world, I am really going to question you on that as well.
Do you know who spends roughly the same percent of their revenue on R&D as the pharma companies?
Apple! In fact Apple spends astronomically on R&D. One of the best in the field.
You know who doesn't? Samsung Mobility. Moto Mobility. HTC.
But that's to be expected: we know they're not innovators, they're assemblers.
- jsnell 15y agoCite please? That claim contradicts everything I've read on the subject. AFAIK Apple don't spend a lot of money compared to the competition even on an absolute scale. And relative to revenue, there's just no competition at all given Apple's massive revenue (~15% for Microsoft/Intel/Google, ~3% for Apple).
- betterth 15y agoSorry I didn't see this, don't really have orangereds on Hacker News. Here's a source: http://www.booz.com/global/home/what_we_think/featured_content/innovation_1000_2011 http://www.booz.com/global/home/what_we_think/featured_conte... You're right, while continually be labelled by organizations as the most innovative, they do only spend ~3%
- deleted 15y ago[deleted]