Power of innovation based on R&D

Google has released its earnings statements and set a revenue record at $9.03 billion for the quarter ended June 30, 2011.

In the “Costs and Expenses” page of the following presentation, it is seen that Research and Development costs are 20% of “Total Costs and Expenses” (1,2 billion divided by 6,1 billion) and 14% of total revenues.

2011Q2 Google Earnings Slideshttp://www.scribd.com/embeds/60045802/content?start_page=1&view_mode=list

About ozgurzan

Professional: 1999- Co-founder and Managing Director of Done Information & Comm. Systems http://www.donetr.com http://www.donelabs.com Academic: 2008 Ph.D. Organization and Management - Yeditepe University 2002 MBA - Yeditepe University 1994 Computer Engineering - Bogazici University
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3 Responses to Power of innovation based on R&D

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