Microsoft to Shell Out $9.5 Billion on Research and Development in 2010
Microsoft to Shell Out $9.5 Billion on Research and Development in 2010
Posted 03/05/2010 at 5:34am
| by Paul Lilly
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Despite a lingering recession, Microsoft isn't holding back when it comes to spending. According to Kevin Turner, Microsoft's chief operating officer, the Redmond giant will spend around $9.5 billion on research and development this year, which is about $3 billion more than the next closest tech company.
"Especially in light of the tough difficult macroeconomic times that we're coming out of, we chose to really lean in and double down on our innovation," Turner said.
Much of that investment will go towards the cloud, an area Turner sees his company becoming a leader in as it tries to "change and reinvent" itself. Turner also added that Microsoft will still maintain a significant on-premise software business, even as companies such as Google look to cloud-only software solutions.
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turbonutter
March 07, 2010 at 9:28pm
Makes you wonder how much of that could have been spent instead to keep the 5000-some-odd people they laid off. I'd be willing to bet it would still leave quite a bit for R&D.
M-ManLA
March 05, 2010 at 4:41pm
Got to do it if you want to stay a world power. If you want people's green,you better find a way to make their lives better. So no surprise to me that they will spend a lot for R&D.
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