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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 Dec. 2014 was $33 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $126 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 Dec. 2014 was 30 (Mar. 2014 ) + 34 (Jun. 2014 ) + 29 (Sep. 2014 ) + 33 (Dec. 2014 ) = $126 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||0||145||292||0||0||271||285||210||126|
Freeport-McMoRan Inc Quarterly Data
|Research & Development||79||71||52||64||57||37||30||34||29||33|