Ballmer: Microsoft to boost 2007 R&D
InfoWorld | at | by Mike
Microsoft plans to spend US$7.5 billion in research and development in fiscal 2007, a figure that increases the research and development spending analysts and industry-watchers previously expected from the company, Chief Executive Officer Steve Ballmer said Tuesday.
Ballmer made the comments at a luncheon event in Madrid, a spokeswoman for Microsoft's public relations firm confirmed late Tuesday. She added that the latest R&D figure, though higher than one previously given by Ballmer, is in line with predictions from Wall Street analysts.