With $2.4 billion spent for research and development, Apple is far from being the company that spends most. Samsung, Microsoft, Nokia and Google all outspent the company from Cupertino. Yet, 70% of the respondents for the study preferred to name Apple as the one where innovation happens. In comparison, Google that ranked second for innovation got only 43% of the votes.
Looking from a purely financial perspective, tech continues to lead among other industries in terms of R&D investments. Samsung spend a whopping $9 billion in R&D with its wide profile, and Microsoft was a close runner up.
One important thing to note is that this is a rating for 2011, not 2012. Check out below all the interesting statistics showing who spends how much in innovation.