[Info-vax] OT - M$oft profit or loss?
bradhamilton
bradhamilton at comcast.net
Thu Apr 23 20:03:29 EDT 2009
Arne Vajhøj wrote:
> bradhamilton wrote:
>> JF Mezei wrote:
>>> Microsoft profits fell by 31% in the last quarter.
>>
>> Who said, "There are lies, d***** lies, and statistics"?
>>
>> Unfortunately, this statistic does not tell us if M$oft suffered a
>> profit or loss in the last quarter; they could still be profitable,
>> but 31% less profitable.
>>
>> Most business-oriented articles discussing "profit" will make the
>> distinction, telling you whether or not that M$soft "swung to a loss"
>> in the quarter.
>
> ????
>
> For which positive numbers x will x*0.59 be negative?
Correct, of course - my bad. I wish to temper the enthusiasm that
some here have for M$oft's imminent demise, just because they are not
as profitable as they were at this time last year.
M$oft is not about to fade away because of a less-profitable quarter.
If they were bleeding money like, say, WaMu, then *that* might be
cause to celebrate. Personally, I don't care, because I avoid using
the product whenever an alternative is available.
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