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This is the expense the company spent on research and development. International Game Technology's research and development for the three months ended in Dec. 2013 was $60 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $241 Mil.
This is the expense the company spent on research and development.
International Game Technology Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 58.1 (Mar. 2013 ) + 59.8 (Jun. 2013 ) + 62.7 (Sep. 2013 ) + 60.3 (Dec. 2013 ) = $241 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.
International Game Technology Annual Data
|Research & Development||129||138||189||202||217||194||189||195||217||235|
International Game Technology Quarterly Data
|Research & Development||49||47||55||55||60||54||58||60||63||60|