The European Union ranked the top 2,000 global companies based on investment in research and development spending.
Apple (Fortune 500) came in at No. 46 on the European Union's R&D spending report released this week, which ranked the top 2,000 global companies. ,
Though Apple's lack of groundbreaking new products over the past several years has become a popular subject in the technology world, the company has actually been ramping up its investment in R&D over the last several years. Apple's 2012 ranking is 109 places above the spot it nabbed in the EU's 2004 report.
And while several tech companies out-spent Apple in R&D last year, Apple is clearly a different type of company than the likes of No. 2 Samsung, No. 3 Microsoft (Fortune 500) and No. 13 , Google (Fortune 500). All three of those companies are rivals to Apple, but they also sell a much wider range of products and services. ,
Apple also gets more bang for its investment buck than most other companies do, in terms of sales increases.
The EU also ranked profitable companies whose R&D spending and sales both rose more than 200% since 2004. American tech companies swept the top five on that list: Apple came in at No. 4, behind Google, Oracle (Fortune 500) and , Qualcomm (Fortune 500). Semiconductor maker , Broadcom (Fortune 500) ranked No. 5 on that list. ,
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