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This is the expense the company spent on research and development. Cerner Corp's research and development for the three months ended in Dec. 2014 was $3 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $289 Mil.
This is the expense the company spent on research and development.
Cerner Corp Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 91.545 (Mar. 2014 ) + 97.326 (Jun. 2014 ) + 97.026 (Sep. 2014 ) + 3.461 (Dec. 2014 ) = $289 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.
Cerner Corp Annual Data
|Research & Development||211||247||271||273||271||204||208||301||244||289|
Cerner Corp Quarterly Data
|Research & Development||78||79||81||82||83||-2||92||97||97||3|