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This is the expense the company spent on research and development. Schlumberger NV's research and development for the three months ended in Dec. 2013 was $304 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $1,178 Mil.
This is the expense the company spent on research and development.
Schlumberger NV Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 295 (Mar. 2013 ) + 293 (Jun. 2013 ) + 286 (Sep. 2013 ) + 304 (Dec. 2013 ) = $1,178 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.
Schlumberger NV Annual Data
|Research & Development||467||506||619||728||819||802||919||1,073||1,153||1,174|
Schlumberger NV Quarterly Data
|Research & Development||266||273||275||287||291||304||295||293||286||304|