amolitor
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So that means that the 1200 5.6L only ever grossed a revenue of a couple of million dollars over the whole production run, and this was enough to justify it to Canon. Considering that 10% of the revenue of a product being R&D is really high even for a high tech camera company, this especially weird lens might have required let's say 15% R&D, or $300,000.
Where do you even come up with this stuff? On what basis are you throwing around "R&D budget of 10% of revenue is really high"? An outfit like Nikon is going to have wildly varying ratios across their product line. Just as a for instance, the annual report from Nikon in 2011 suggests R&D of $730M on revenues of $10B, or 7.3 percent overall, for the entire company, across all product lines.