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Microsoft boosts R&D spending to $5.3 billion
Posted by Philipp Esselbach on: 07/26/2002 01:01 AM [ Print | 0 comment(s) ]
Microsoft's Bill Gates kicked off the company's annual Financial Analysts Day here Thursday by announcing the company will boost RD spending by 20 percent from $4.3 billion in FY 02 to $5.2 billion in FY 03.
The planned spending brings Microsoft back in line with previously announced RD investment levels. In July 2001, Gates announced at Microsoft Research Faculty Summit here that the company would spend $5.3 billion on RD over the coming year in 2002.
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The planned spending brings Microsoft back in line with previously announced RD investment levels. In July 2001, Gates announced at Microsoft Research Faculty Summit here that the company would spend $5.3 billion on RD over the coming year in 2002.
Read more
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