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This is the expense the company spent on research and development. Freeport-McMoRan Inc's research and development for the three months ended in Sep. 2016 was $13 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $91 Mil.
This is the expense the company spent on research and development.
Freeport-McMoRan Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 44 (Dec. 2015 ) + 19 (Mar. 2016 ) + 15 (Jun. 2016 ) + 13 (Sep. 2016 ) = $91 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.
Freeport-McMoRan Inc Annual Data
|Research & Development||0||145||292||90||0||271||285||210||126||127|
Freeport-McMoRan Inc Quarterly Data
|Research & Development||34||29||33||33||30||26||44||19||15||13|