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openbox9
Premium
join:2004-01-26
Germany
kudos:2
reply to JRW2

Re: Really Mr. Moffett?

You're right. How dare companies try to make money.



JRW2
R.I.P. Mom, Brian, Ziggy, Max and Zen.
Premium
join:2004-12-20
La La Land
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said by openbox9:

You're right. How dare companies try to make money.
Don't twist what I said...
I said they all seem to have HIGH expectations on revenues, if they don't hit those numbers, they consider it a loss, even though they ARE making a profit, and in many cases a good one, just not what they HOPED FOR...

As an example..
A company I worked for EXPECTED to make 15 million dollars PROFIT one quarter, when they only made twelve million, they considered it a three million dollar LOSS.
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openbox9
Premium
join:2004-01-26
Germany
kudos:2

You're right. I should've wrote, "How dare companies try to make their revenue targets."

Considered it a $3M loss for what purpose? Internal management's loss? Missed earnings so the company's stock was hammered?