Nokia makes a major investment that one of its biggest rivals, Apple, R & D. During the years before the launch of the first smartphone of Cupertino, between 2004 and 2007 – the Finnish invested EUR 17,100 million (22,200 million dollars), nine times more than Apple invested a total of 2,500 million (1,962 million euros).
Competition among large technology companies continues to be unstoppable, especially in the field of mobile devices. But this competitiveness is reflected not only in the amount of released devices to market, but also in the previous work of research and development carried out by companies. Apple is one of the leaders in this sector, given the popularity of its iPhone, iPhone and iPod touch. However, beats its rivals in terms of R & D.
As recorded by the U.S. newspaper The Wall Street Journal, Nokia is a Finnish company with more investment in research and development, both in products and technology. Between 2004 and 2007-the years before the arrival of Apple’s first iPhone spending on research and development of Nokia was 17,100 million euros . In contrast, the amount invested in R & D from Apple was 2,500 million (1,962 million) in the same period.
This Nokia invested in that period to nine times more on R & D. AppleHowever, as recorded by the diary in this period, the sole aim of Nokia is focused on manufacturing of mobile devices and wireless devices, while Apple-to mid-2007 – had just begun shipping its first iPhones and continued to generate most part of its revenue with its range of Mac computers and iPod media players.
Between 2004 and 2011, revenues increased by almost 1,200 Apple percent , while net profit increased by 9,600 per cent. Meanwhile, Nokia has become a loss-device maker, with revenues of only 31 per cent over the same period.
Today, Nokia continues to spend much more than Apple in R & D. The Finnish invested 7,300 million dollars (5730 million) in 2011 compared to 2,400 million dollars (1.884 billion euros) invested by Apple .