 funchordsHelloPremium,MVM join:2001-03-11 Yarmouth Port, MA kudos:5 | reply to espaeth
Re: Sandvine's MSO Case Study-Reasonable Network Management? Overall, my effort was to show that Comcast was doing quite well. And it is.
said by espaeth:That's gross profit, which doesn't include taxes, paid dividends, and other indirect costs. Net profit is much lower than that. Right.
Net profit is the wrong figure to concentrate on, due to the non-operating or 'slushy' things it contains (advanced tax payments, amortized "goodwill," minority interest, one-time events).
We need something without all of that slush -- and you touched on it further down in your message... (stand-by)
You are correct. I got my figures from »finance.yahoo.com/q/is?s=CMCSA which turns out to be wrong. Google got it right.
Compare total operating expenses to total revenue. Comcast is certainly making money, but not hand-over-fist like you are suggesting. Agreed. That's Operating Income (or Loss). That's what should have been compared. Those are hard dollars both ways.
And truth be told, we should both probably only be looking at the Internet side of the business. I don't know if Comcast breaks it down enough to do that (how do you apply the cost of "Triple Play" advertisements?). -- Robb Topolski -= funchords.com =- Hillsboro, Oregon USA Are you affected by Comcast's RST forging? How to test it! -or- Read my original report. |