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Apple Gets More Bang for Its R&D Buck

Dec. 1 -- Compared with its resources, Apple has remained relatively quiet. It spent just 3.5 percent ($8.1 billion) of its $233 billion in revenue in fiscal 2015 on research and development, a lower percentage than every other large U.S. technology company, data compiled by Bloomberg show. Bloomberg's Adam Satariano has more on "Bloomberg West." (Source: Bloomberg)