Bang for the buck

From Paul Kedrosky, the figure below was displayed by Microsoft's Craig Mundie at an analyst presentation. If the numbers are correct, Microsoft is now the leading technology company when it comes to R&D spending. Somehow I can't believe they're getting a decent return on their investment.

For comparison, the entire US high energy physics annual budget is under $1 billion, as is CERN's budget. Total annual US defense spending on R&D (this includes weapon systems, "missile defense", etc.) is about $60 billion.