Thread: N8 - More proof that Nokia is losing it
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daperl is offline daperl
2010-05-07 , 22:27
Posts: 2,427 | Thanked: 2,986 times | Joined on Dec 2007
#155
I've seen this statement in another article, but it would be nice if someone could normalize this data for me:

"Still, Nokia will have to be swifter and more nimble to keep up with rivals, investors said. Nokia’s annual R&D budget of about $7.7 billion is 14 percent of revenue, compared with Apple’s spending of $1.3 billion, or 3 percent of sales. Nokia’s expenditure also includes figures for its networks division."
In this context, is revenue the same as sales?
What Nokia R&D budget? Phone and networks only?
14% of what Nokia revenue? Phone and networks only?
What exactly is Nokia's networks division?
3% of what Apple R&D budget? Phone only?
What Apple sales? Phone only?
Does it matter?

For stupid ol' me, this paragraph raises more questions than it answers.
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