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International Business Machines Corp (NYSE:IBM)
Research and Development
$5,205 Mil (TTM As of Sep. 2015)

This is the expense the company spent on research and development. International Business Machines Corp's research and development for the three months ended in Sep. 2015 was $1,287 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $5,205 Mil.


Definition

This is the expense the company spent on research and development.

International Business Machines Corp Research & Development for the trailing twelve months (TTM) ended in Sep. 2015 was 1320 (Dec. 2014 ) + 1298 (Mar. 2015 ) + 1300 (Jun. 2015 ) + 1287 (Sep. 2015 ) = $5,205 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

International Business Machines Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Research & Development 6,1076,1536,3375,8206,0266,2585,8165,7435,4375,247

International Business Machines Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Research & Development 1,3561,4521,4021,3611,3541,3201,2981,3001,2871,362
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