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This is the expense the company spent on research and development. Xerox Corporation's research and development for the three months ended in Dec. 2014 was $153 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $577 Mil.
This is the expense the company spent on research and development.
Xerox Corporation Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 144 (Mar. 2014 ) + 142 (Jun. 2014 ) + 138 (Sep. 2014 ) + 153 (Dec. 2014 ) = $577 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.
Xerox Corporation Annual Data
|Research & Development||943||922||912||884||840||781||721||655||603||577|
Xerox Corporation Quarterly Data
|Research & Development||161||160||154||149||145||155||144||142||138||153|