Note, the rankings are: > as a percentage of its revenue. Also, regarding 3M, I ... | Hacker News

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shas3 on Oct 29, 2013 | parent | context | favorite | on: Science has lost its way, at a big cost to humanit...

Note, the rankings are: > as a percentage of its revenue.

Also, regarding 3M, I am not sure what you mean by 'far lower margin industry'. 3M is a conglomerate. It's like GE, in some sense- doesn't play in any single industry, but in several tens of industries.

chalst on Oct 29, 2013 [–]

I think that ranking cannot be by %age R&D spend. Taking the R&D expenditure from your link, and turnover from the accounts for 2012, we have (money values in $bn):

              R&D    Turnover   R&D/turnover
    Apple     3.4    156        2.2%
    Samsung   10.4   188        5.5%

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