The Macalope Weekly: Perspective
#2
Posted 22 December 2012 - 07:13 AM
#3
Posted 22 December 2012 - 07:34 AM
#4
Posted 22 December 2012 - 07:46 AM
#6
Posted 22 December 2012 - 08:01 AM
#7
Posted 22 December 2012 - 08:04 AM
Quote
Hmm. Doesn't quite feel right as the answer. I'll consider it again tomorrow.
#8
Posted 22 December 2012 - 10:08 AM
#9
Posted 22 December 2012 - 01:09 PM
Mr. Macalope, you caught the misspelling of Larry, but you missed this one. It's Keister. John Keister [sic]. Like the red monkey butt.
Happy Holidays, enjoy whatever it is Macalope's do this time of year.
#10
Posted 22 December 2012 - 01:34 PM
phdtop, on 22 December 2012 - 07:34 AM, said:
The problem that too few people recognize is that the "market share war" is re-fought, from scratch, every 3 months.
#11
Posted 22 December 2012 - 03:15 PM
Quote
Kudos! I had the same thoughts but mine would have read like a dissertations. And Kudos again for making this point so potently and concisely!
#12
Posted 22 December 2012 - 03:42 PM
(and Macworld, I shouldn't have to switch from Safari to Chrome to post a comment. Keep your web dev on his toes a little bit!)
#13
Posted 22 December 2012 - 04:40 PM
Quote
Actually that is not new and it is true. It is a common misconception that the goal of a company should be profit. The goal of the company should be to build its value and therefore increase the wealth of its owners. Profit contributes to the value of the company but it does not always follow that increased profits lead to increased value. That value is reflected in part in the stock price.
Here's an extreme example. I can increase my profits in my company in a given year by decimating my maintenance budget thereby greatly reducing my costs while my revenues remain roughly the same. That year I may very well post "record profits". But any smart investor will start pulling out of my company because over the next few years my sales revenue will go down as my equipment breaks and I am unable to ship product.
On the other hand I may have reduced profits one year because I am retooling my plant for a new product line which will debut next year and can reasonable expect strong sales. In this case I have increased the value in my company despite the low profits or possibly a loss.
#14
Posted 22 December 2012 - 05:46 PM
Merry Christmas to Mr. & Mrs. Macalope and the little cud-chewers!
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