reply to JRW2
Re: Really Mr. Moffett? You're right. How dare companies try to make money.
JRW2R.I.P. Mom, Brian, Ziggy, Max and Zen.PremiumReviews:
La La Land
said by openbox9:Don't twist what I said...
You're right. How dare companies try to make money.
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.
RIAA/MPAA... Bite me!!!!
In constant search for intelligent life on Earth!
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?