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Big Budgets Looking for Breakthroughs

Big Budgets Looking for Breakthroughs No. 10: Apple No. 9: Amazon.com No. 8: Qualcomm No. 7: Hewlett-Packard No. 6: Oracle No. 5: Google No. 4: Cisco No. 3: IBM No. 2: Intel No. 1: Microsoft

Big Budgets Looking for Breakthroughs

By Rachael King

The technology industry's 10 biggest spenders in research and development have invested a combined $49.4 billion in the past 12 months, according to Bloomberg data. Find out which technology companies are spending the most and what they're spending it on.

(The figures are based on data as of Oct. 27. R&D spending as a percentage of net sales reflects the latest year.)

Photographer: Bloomberg