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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 Jun. 2016 was $348 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $1,474 Mil.
This is the expense the company spent on research and development.
Abbott Laboratories Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 378 (Sep. 2015 ) + 369 (Dec. 2015 ) + 379 (Mar. 2016 ) + 348 (Jun. 2016 ) = $1,474 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||2,255||2,506||2,689||2,914||3,724||1,512||1,461||1,371||1,345||1,405|
Abbott Laboratories Quarterly Data
|Research & Development||369||310||305||361||313||345||378||369||379||348|