Why Is Apple Spending Only 2 Percent of Its Money on Research and Development?Sam Biddle10/17/11 4:40pmFiled to: FactoidAppleR&dMicrosoftGoogleResearch And Development300EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkApple is filthy rich. It sold four million phones in three days. It's worth more than Exxon. It's got a staggering stockpile of cash, just sitting around. So why does it spend merely 2.2 percent of revenue on cooking concepts?ShareTweet Kinja is in read-only mode. We are working to restore service.