TheStreet: ‘Apple: Frugal to a Fault?’
An column by Troy Wolverton on TheStreet.com today looks at Apple’s spending on research and development. According to the report, while Apple’s profits have risen significantly, the company has not increased its R&D budget accordingly. “Even while Apple’s revenue has skyrocketed in recent years — and even as expectations for future products and success have exploded — what the company has spent on R&D has risen only modestly,” writes Wolverton.
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