eWeek Predicts Mozilla will Challenge Internet Explorer
Monday July 28th, 2003
In his latest opinion piece for eWeek, Jim Rapoza tackles a favourite topic of tech columnists recently: are the Browser Wars coming back? Rapoza thinks that they are and says Microsoft's recent decision to only provide enhancements to Internet Explorer via Windows upgrades could leave an opening for alternative browsers. Mozilla, Rapoza argues, is well-placed to take advantage of this opportunity with its up-to-date and innovative technology.
#31 Re: Re: Welcome to free captialism.
Tuesday July 29th, 2003 7:44 PM
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"As for the drug business, remember that it costs an average of 800 million US$ to bring a drug to market"
Interesting that you use that figure. I wonder where you got it? Could it be from the widely quoted study done every year at a U.S. university which puts the pharmaceutical industry's R&D spending at that figure? A study, by the way, funded entirely by pharmaceutical companies.
I wonder how impressive it sounds that they spend $800 million per year on R&D when you are aware that according to their SEC filings they spend $12 billion per year on advertising?
"On average, businesses only make a 6% profit on your purchases."
On average, a business which is making only a 6% profit on customer purchases is either already a massive conglomerate (which actually has much higher profits but can hide them well) or is not going to stay in business very long.
Cry all you want about how hard the drug companies have it; all you'll be doing is proving your gullibility. The fact is that the pharmaceutical industry is among the most profitable industries on earth. They're obviously also among the smartest. Comments like yours prove that spending 15 times on advertising what they do on R&D actually works.