As is Microsoft's. Not as large a proportion, but 20% or better.
On Thu, Oct 28, 2010 at 5:31 PM, Michael Mellinger
<[address removed]> wrote:
> And much of their revenue is from products that didn't exist 10 years ago.
> Sent from my iPad
> On Oct 28, 2010, at 5:20 PM, EddieN <[address removed]> wrote:
> I have to take a look at that and report back but in the meantime...
> Business Insider: "15 Amazing Facts About Apple"
> Apple generated $65 billion of revenue last year. That's bigger than the GDP
> of Iraq, Croatia, Libya, Ecuador, and more than 100 other countries...And,
> yes, that $65 billion of revenue makes Apple officially bigger than
> Microsoft ($62 billion).
> Apple spent only $1.7 billion on research and development last year.
> Microsoft, with smaller sales and vastly slower growth, spent $8.7 billion.
> Apple spent only $5.5 billion on sales, marketing, and general and
> administrative expenses last year. Microsoft spent $17 billion.
> So it's not surprising that Apple is now the most valuable technology
> company in the world
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