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This is the expense the company spent on research and development. Adobe Systems Inc's research and development for the three months ended in Feb. 2014 was $210 Mil. Its research and development for the trailing twelve months (TTM) ended in Feb. 2014 was $827 Mil.
This is the expense the company spent on research and development.
Adobe Systems Inc Research & Development for the trailing twelve months (TTM) ended in Feb. 2014 was 203.097 (May. 2013 ) + 208.7 (Aug. 2013 ) + 205.196 (Nov. 2013 ) + 209.525 (Feb. 2014 ) = $827 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.
Adobe Systems Inc Annual Data
|Research & Development||311||365||540||613||662||565||680||738||743||827|
Adobe Systems Inc Quarterly Data
|Research & Development||195||178||181||189||195||210||203||209||205||210|