“We know that we can hit it and the spoke about $7 billion by year 2027 while maintaining the R&D at the current levels of investment.”

In context

“e we're leaning into that business and those products actually yield a very high gross margin and operating margin performance. So the short answer is yes. We can withstand that. And secondly, we're very focused on improving our operating margin over time in the face of those LOEs. Clearly, you've also heard us reiterate very specifically our focus on maintaining and growing our dividend over time, and we would continue to do that. We work hard to understand the environment looking forward. And I don't want to hypothesize on what could happen, but clearly, we're watching the situation closely and our commitment to the dividend is steadfast. Albert Bourla: And I think, David, you made also very clear quantitative calculations of what we expect and, you know, when we put a number out there. We know that we can hit it and the spoke about $7 billion by year 2027 while maintaining the R&D at the current levels of investment. Which I think it is a key strategy to have said, first of all, navigate in a certain environment, that's the best way to do it, to be productive. Another comment I want to make on that, it is that the cuts are not across the board. Or they are not by just reducing resources, but they're valuable. There are various strategies and they are happening, first of all, with the deployment of technology. AI right now has a dramatic impact in the ways that we have been able to secure cost reductions and digital technology in general. But also through significant business simplification. That we are implementing. And we looked at every single thing of how we do things. And, you know, when you find simpler things of doing it, there is a significant cost element associated. So all in all, I think as”