Apple Only Spends 3.5% of Revenue on R&D

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 Mark Milian reports on "Bloomberg Markets." (Source: Bloomberg)

CLSA's Wong Sees 2H Cooldown in China Property Prices
39:32 - Nicole Wong, regional hed of property research at CLSA, discusses China's property prices for July and what they mean for the economy. She speaks on "Bloomberg Markets: Asia." (Source: Bloomberg)
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