Market Cap : 2.23 T | Enterprise Value : 2.27 T | PE Ratio : 36.01 | PB Ratio : 33.79 |
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This is the expense the company spent on research and development. Apple's research and development for the three months ended in Dec. 2020 was $5,163 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2020 was $19,464 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
This is the expense the company spent on research and development.
Research & Development for the trailing twelve months (TTM) ended in Dec. 2020 was 4565 (Mar. 2020 ) + 4758 (Jun. 2020 ) + 4978 (Sep. 2020 ) + 5163 (Dec. 2020 ) = $19,464 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange 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.
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