R&D spending by the big three in smartphones – Nokia, Google, Apple

A fascinating graphic and the article it is pulled from.

 

 

Nokia led the wireless revolution in the 1990s and set its sights on ushering the world into the era of smartphones. Now that the smartphone era has arrived, the company is racing to roll out competitive products as its stock price collapses and thousands of employees lose their jobs.

This year, Nokia ended a 14-year-run as the world’s largest maker of mobile phones, as rival Samsung Electronics Co. took the top spot and makers of cheaper phones ate into Nokia’s sales volumes.

Nokia is losing ground despite spending $40 billion on research and development over the past decade—nearly four times what Apple spent in the same period.

Instead of producing hit devices or software, the binge of spending has left the company with at least two abandoned operating systems and a pile of patents that analysts now say are worth around $6 billion, the bulk of the value of the entire company.

 

Source: Wall Street Journal – Nokia’s Bad Call on Smartphones

China’s military continues to grow – spending tops $100 billion for the first time

China announced an 11.2% increase in its defense budget for 2012.

For the first time, China’s defense spending will top $100 billion

At a news conference Sunday, Li Zhaoxing, a spokesman for the congress, announced the $110-billion budget, while stating that the spending “constitutes no threat to other countries.’’

“You can see that we have 1.3 billion people with a large land areas and a long coastline, but our outlays on defense are quite low compared to other major countries,” said Li.

By way of comparison, the U.S. Congress has approved $662 billion in Pentagon spending for next year.

Last year at this time, Beijing announced a 12.7% increase in military spending, resuming double-digit expansion after a more modest 7.5% increase in 2010.

Adm. Robert Willard, U.S. commander for the Asia-Pacific region, told the Senate Arms Services Committee last week: “They continue to advance their capabilities and capacities in all areas.”

via LA Times

China's military continues to grow – spending tops $100 billion for the first time

China announced an 11.2% increase in its defense budget for 2012.

For the first time, China’s defense spending will top $100 billion

At a news conference Sunday, Li Zhaoxing, a spokesman for the congress, announced the $110-billion budget, while stating that the spending “constitutes no threat to other countries.’’

“You can see that we have 1.3 billion people with a large land areas and a long coastline, but our outlays on defense are quite low compared to other major countries,” said Li.

By way of comparison, the U.S. Congress has approved $662 billion in Pentagon spending for next year.

Last year at this time, Beijing announced a 12.7% increase in military spending, resuming double-digit expansion after a more modest 7.5% increase in 2010.

Adm. Robert Willard, U.S. commander for the Asia-Pacific region, told the Senate Arms Services Committee last week: “They continue to advance their capabilities and capacities in all areas.”

via LA Times

Adsense funds creativity – big time! – Online advertisers spending 100s of millions

I pay attention to advertiser spending because it’s how I make my living. It’s also how Google has come to dominate the world, making $3 billion a month on advertising.

Which makes it all the more interesting to see who is funding all this. Here is the top ten list, in millions.

The top spender is IAC/InterActiveCorp, owner of Ask.com, Match.com, Citysearch and other companies that depend on buying long-tail search terms in bulk.

The numbers don’t include the fourth quarter, typically the heaviest for advertising in general and particularly for search.

Google’s top 20 biggest advertisers via Ad Age