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This is the expense the company spent on research and development. Xerox Corp's research and development for the three months ended in Sep. 2015 was $135 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $568 Mil.
This is the expense the company spent on research and development.
Xerox Corp Research & Development for the trailing twelve months (TTM) ended in Sep. 2015 was 150 (Dec. 2014 ) + 141 (Mar. 2015 ) + 142 (Jun. 2015 ) + 135 (Sep. 2015 ) = $568 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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.
Xerox Corp Annual Data
|Research & Development||922||912||884||840||781||719||655||603||577||563|
Xerox Corp Quarterly Data
|Research & Development||145||155||145||143||139||150||141||142||135||145|