Griffin on 29 May 2008
| Sqrl said:
Clearly in some situations revenue is the only number we are given, particularly with MS who loves revenue because well...frankly profit isn't nearly as positive for them as it is for other companies.
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"For the three months to March 31, Microsoft reported a 10.9 per cent drop in net income to $4.3bn, factoring in the EU's anti-trust fine of $1.42bn, on revenue that grew less than one percentage point to $14.45bn."
Can you name many other companies that made 4.3 billion in net income for the first 3 months of this year, and 4.7 billion for the 3months before that? Maybe if you are Exxon, i don't think many other companies pull in that kind of money.
