From: "Gary Britt" 

On 500 Billion dollars in sales that is perfectly NORMAL and actually
SUB-PAR compared to other companies which is why their share price trades
at 11.05 times earnings.  Most corporations trade at a higher multiple
because they are MORE profitable.

If you get paid by the hour and you work twice as many hours your pay
doubles.  In that instance you have exactly the same kind of windfall
profit as had the oil companies.  NONE.

If you buy a 500 Billion dollar CD would you expect the bank to pay you
LESS interest than that they pay on a $100,000 CD because 500 Billion times
the interest rate equals a whole lot more money than Bill Gates?

How much of that 43 Billion was actual CASH generated?  I suspect many
billions were paper and NOT cash, but it wouldn't matter if it was all
cash. Its still just 7% profit margin, which isn't much.

Gary

"Geo"  wrote in message
news:439eaf32$2{at}w3.nls.net...
> "Gary Britt"  wrote in message
> news:439e64da$1{at}w3.nls.net...
> > That indicates how pitifully low their profits were as a percentage of
> sales
> > in the prior year.  The post Katrina profits don't exceed 10% as a
> > percentage of sales.  In line with or less than the corporate average.
>
> 43 billion dollars Gary, 43 BILLION in profits. That even puts Microsoft
to
> shame.
>
> Geo.
>
>

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