IBM spends a fraction of what other household names spend.
> That’s according to an analysis by Recode, which found the e-commerce giant [Amazon] spent nearly $23 billion on R&D in 2017. Technology companies rounded out the top five, collectively spending $76 billion on R&D last year. The other tech companies that spent the most on R&D were Alphabet (GOOG), Intel Corp. (INTC), Microsoft Corp. (MSFT) and Apple Inc. (AAPL). Alphabet was in second place with R&D spending of $16.6 billion while Intel had spending of $13.1 billion and Microsoft spent $12.3 billion. Apple rounded out the top five with $11.6 billion. Meanwhile, Johnson & Johnson (JNJ) spent $10.4 billion while Ford Motor Co. (F) weighed in with 2017 R&D spending of $8 billion. Potentially telling, International Business Machines Corp. (IBM), once the innovator in techland, spent the least at $5.4 billion. (See also: IBM Traders See Stock Plunging 20%.)
> That’s according to an analysis by Recode, which found the e-commerce giant [Amazon] spent nearly $23 billion on R&D in 2017. Technology companies rounded out the top five, collectively spending $76 billion on R&D last year. The other tech companies that spent the most on R&D were Alphabet (GOOG), Intel Corp. (INTC), Microsoft Corp. (MSFT) and Apple Inc. (AAPL). Alphabet was in second place with R&D spending of $16.6 billion while Intel had spending of $13.1 billion and Microsoft spent $12.3 billion. Apple rounded out the top five with $11.6 billion. Meanwhile, Johnson & Johnson (JNJ) spent $10.4 billion while Ford Motor Co. (F) weighed in with 2017 R&D spending of $8 billion. Potentially telling, International Business Machines Corp. (IBM), once the innovator in techland, spent the least at $5.4 billion. (See also: IBM Traders See Stock Plunging 20%.)
[0]: https://www.investopedia.com/news/amazons-23b-rd-budget-sets...