Analyst says Apple is not investing enough in innovation

Bernstein analyst Toni Sacconaghi today said that even though Apple spent $12.7 billion last year on research and development (R&D), the company might not be investing enough in innovation. The amount of money that Apple spent on R&D last year was more than the amount it invested in R&D from 1998 to 2011, a time period that included the introduction of the iPhone, iPad and the iPod…
Source: FS – Phones
Analyst says Apple is not investing enough in innovation