IT's Big Spenders

TechEGrl writes "R&D spending increased by 17 percent in 2006, according to a new report on CIO Insight that ranks the top 81 R&D spenders. The spending was mostly targeted at consumer rather than business products, though Microsoft — not surprisingly the biggest spender with an investment of $6.58 billion — did throw significant change at biz apps like the Vista operating system. Investment in Internet search was dominated by Google, which more than doubled its R&D spending in 2006 and far outpaced competitors like Yahoo and eBay."

Comments

Re:I'll see your girlie 81 and raise you 1000

[Anonymous Coward]

It's also worth mentioning that the list is far from complete: for instance, Nokia put 3825 million euros, or 3230 million dollars to R&D at 2005. More recent data would probably give even more prominent position on that list. One can only wonder what other companies are left out.