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This is the expense the company spent on research and development. Garmin Ltd's research and development for the three months ended in Jun. 2016 was $114 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $434 Mil.
This is the expense the company spent on research and development.
Garmin Ltd Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 105.789 (Sep. 2015 ) + 106.012 (Dec. 2015 ) + 108.204 (Mar. 2016 ) + 114.355 (Jun. 2016 ) = $434 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.
Garmin Ltd Annual Data
|Research & Development||113||159||206||238||277||299||326||365||395||427|
Garmin Ltd Quarterly Data
|Research & Development||96||98||99||102||106||109||106||106||108||114|