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This is the expense the company spent on research and development. Abbott Laboratories's research and development for the three months ended in Dec. 2014 was $356 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $1,385 Mil.
This is the expense the company spent on research and development.
Abbott Laboratories Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 387 (Mar. 2014 ) + 335 (Jun. 2014 ) + 307 (Sep. 2014 ) + 356 (Dec. 2014 ) = $1,385 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.
Abbott Laboratories Annual Data
|Research & Development||1,821||2,255||2,506||2,689||2,914||3,724||4,129||1,544||1,371||1,345|
Abbott Laboratories Quarterly Data
|Research & Development||351||460||346||363||339||359||387||335||307||356|