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This is the expense the company spent on research and development. ABB Ltd's research and development for the three months ended in Dec. 2014 was $387 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $1,499 Mil.
This is the expense the company spent on research and development.
ABB Ltd Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 365 (Mar. 2014 ) + 390 (Jun. 2014 ) + 357 (Sep. 2014 ) + 387 (Dec. 2014 ) = $1,499 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
ABB Ltd Annual Data
|Research & Development||0||0||0||0||1,037||1,082||1,371||1,464||1,470||1,499|
ABB Ltd Quarterly Data
|Research & Development||358||390||361||343||351||415||365||390||357||387|