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Hewlett-Packard (HPQ)

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31.86 +0.12  +0.38% NYSE Apr 24, 2:18PM BATS Real time Currency in USD

Hewlett-Packard Research and Development Expense (Quarterly):

811.00M for Jan. 31, 2014

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Hewlett-Packard Historical Research and Development Expense (Quarterly) Data

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Jan. 31, 2014 811.00M
Oct. 31, 2013 729.00M
July 31, 2013 797.00M
April 30, 2013 815.00M
Jan. 31, 2013 794.00M
Oct. 31, 2012 909.00M
July 31, 2012 854.00M
April 30, 2012 850.00M
Jan. 31, 2012 786.00M
Oct. 31, 2011 829.00M
July 31, 2011 812.00M
April 30, 2011 815.00M
Jan. 31, 2011 798.00M
Oct. 31, 2010 814.00M
July 31, 2010 742.00M
April 30, 2010 722.00M
Jan. 31, 2010 681.00M
Oct. 31, 2009 704.00M
July 31, 2009 667.00M
April 30, 2009 716.00M
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About R&D Expense

R&D expenses are a line item from many companies' income statements.

R&D expense (short for research and development expense) is essentially the amount of money that a company spends to develop new products and services each year. For example, if a pharmaceutical firm hires research scientists to develop new drugs, the salaries of these researchers will generally be expensed in the R&D expense category.

Like marketing expenses, but unlike capital expenditures, R&D expenses are subtracted from revenues every year directly. Therefore, accountants treat R&D spending as an expense rather than as an investment, though there is continuous debate over whether this is the correct classification.

An investor looking at companies with large R&D expenditures should think hard about whether a single company's R&D spending is an expense (like buying rubber to produce tires) or whether it is an investment (like buying machinery to produce tires more efficiently). Determining the answer to that question can have a large impact on how the company is valued.
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HPQ Research and Development Expense (Quarterly) Benchmarks

Companies
Apple 1.422B
Microsoft 2.748B
Intel 2.846B

HPQ Research and Development Expense (Quarterly) Range, Past 5 Years

Minimum 667.00M Jul 2009
Maximum 909.00M Oct 2012
Average 782.25M

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