gaforces
United We Stand, Divided We Fall
join:2002-04-07
Santa Cruz, CA | reply to BigPete82
Re: Cherry-pick away!
I'll answer your questions with my own since it's obvious you dont want to see my answers.
Why cant Verizon be happy with 20% profits instead of 50+%. |
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N3OGH
Bear patrol must be working like a charm
Premium
join:2003-11-11
Philly burbs
 ·Verizon FIOS
 ·Verizon Online DSL
| Why can't Verizon be happy with 10% profits instead of 20%?
Why even 20%? How about 10%?
While we're at it, why 10%? How about 5%?
Wait a second. Why should an evil company like Verizon make ANY profit? They should serve the public good and simply break even!
That's a slippery slope you're heading down....
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Petty people are disproportionably corrupted by petty power… |
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BigPete82
@qwest.net
| reply to gaforces
said by gaforces  :I'll answer your questions with my own since it's obvious you dont want to see my answers. Why cant Verizon be happy with 20% profits instead of 50+%. I don't think you even know what you are talking about. Verizon's profit margins are 6.5%
»finance.yahoo.com/q/ks?s=VZ
Let the big kids have a real discussion, mmmm k? |
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jaminus
join:2004-10-14
Arlington, VA
| reply to gaforces
Less profit usually means less investment. Verizon reinvests a substantial portion of its income in network buildout, so 20% profit means less buildout. Plus it's not like FiOS is even profitable in the first place -- over $1000 per home with no guarantee the owners will even sign up is a pretty big bet to make.
Plus, the more profit FiOS makes, the more comfort shareholders will have with even more investment in fiber. |
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gaforces
United We Stand, Divided We Fall
join:2002-04-07
Santa Cruz, CA
1 edit | reply to BigPete82
I am not that gullible to believe that figure due to all the tax breaks and loopholes in the tax code for corporations.
Those numbers are also deducting the cost of upgrades/fios deployment which is a short period of time compared to the returns in the future. |
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BigPete82
@qwest.net
| said by gaforces :I am not that gullible to believe that figure due to all the tax breaks and loopholes in the tax code for corporations. Buddy... net profit is net profit. A simple search on google shows that net profit includes everything from expenses to profits AFTER tax (which would include all those "generous" loopholes you think all these evil corps are getting). |
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gaforces
United We Stand, Divided We Fall
join:2002-04-07
Santa Cruz, CA | It's creative bookkeeping ... pal |
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BigPete82
@qwest.net
| you are delusional... if they are getting creative about anything, its about how high their profit margin is, not how low it is. Shareholders want to see that number as high as possible, they surely aren't cooking their numbers for people like you who think they are nothing but greedy pigs. |
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N3OGH
Bear patrol must be working like a charm
Premium
join:2003-11-11
Philly burbs
·Verizon FIOS
·Verizon Online DSL
| reply to gaforces
said by gaforces :It's creative bookkeeping ... pal That's right. No one can trust those evil corporations MAAAAAAAANNNNNNNNNNN!
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Petty people are disproportionably corrupted by petty power… |
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gaforces
United We Stand, Divided We Fall
join:2002-04-07
Santa Cruz, CA | Is the fox evil because it eats the chickens? or a wolf sheep? |
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