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 oliphantI Have 8 BoobiesPremium join:2004-11-26 Corona, CA 2 edits | reply to juilinsandar
Re: LOL The $808M is NET INCOME not profit...big difference.
quote: Net income climbed 8.7 percent to 95 billion yen ($808 million) in the year ending March 31, the company said in a preliminary earnings statement.
-- WAR HAS NEVER SOLVED ANYTHING, except ending slavery, facism, communism, Nazism.... | |  Armour join:2002-01-08 Scarborough, ON | ahhh its one in the same. I'm not a economics expert by any means but NET means they have 808 million to play with now that all the bills are paid
»www.investorwords.com/3247/net_income.html
net income Definition 1
In business, what remains after subtracting all the costs (namely, business, depreciation, interest, and taxes) from a companys revenues. Net income is sometimes called the bottom line. also called earnings or net profit.
Definition 2
For an individual, gross income minus taxes, allowances, and deductions. An individual's net income is used to determine how much income tax is owed. | |  oliphantI Have 8 BoobiesPremium join:2004-11-26 Corona, CA 1 edit | My bad...I thought that net income wouldn't include tax related issues...depreciation, taxes, regulatory costs also future debt obligations like pensions, stock options etc.
However, even at $808M, it's currently lower than it was in the past before the release of the DS (according to the article..."highest in 4 years"). The DS simply kept them from going out of business, but they are not what they used to be. -- WAR HAS NEVER SOLVED ANYTHING, except ending slavery, facism, communism, Nazism.... | |  vpokoPremium join:2003-07-03 Boston, MA | said by oliphant:My bad...I thought that net income wouldn't include tax related issues...depreciation, taxes, regulatory costs also future debt obligations like pensions, stock options etc. However, even at $808M, it's currently lower than it was in the past before the release of the DS (according to the article..."highest in 4 years"). The DS simply kept them from going out of business, but they are not what they used to be. I do believe, however, that Net Income is before stock dividends are paid out, since those come off the bottom line. | |
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