Revenue 27.99B
Net income 2M
On 28 Billions of revenue shouldn't one expect 3-4 Billions of Net income? Is this company profitable or it is cooking its books?
4 replies (most recent on top)
[Once they run out ideas to cook books anymore they’ll cry about all SEC regs to be on NYSE and go private again. They have horrible reputation on NYSE.]
A year after spending $24.9 billion taking his computer company private, Michael S. Dell is gleeful to have his namesake firm to himself. And to be done with Wall Street.
“This morning on the treadmill I was watching Bloomberg and CNBC, all the circus clowns,” Mr. Dell said in a recent interview. His disdain for investment advice as entertainment is obvious — so obvious that no one should have been surprised that to get away from Wall Street’s influence, Mr. Dell endured a monthslong, often personal campaign for a higher shareholder buyout price by the corporate raider Carl C. Icahn.
Once they run out ideas to cook books anymore they’ll cry about all SEC regs to be on NYSE and go private again. They have horrible reputation on NYSE.
It’s all Ponzi scheme between Michael Dell, Silver Lake & MSD Partners. They de-valued VMware stock to pay off EMC debt before letting them out of Dell noose. Before that remember DVMT stock and that bs stock conversion. I wouldn’t touch anything with Michael Dell’s hands on it they do some shady business dealings.
Goodness no. There's stock buybacks, bonds to repay, humans that need living wages, buildings they haven't sold yet or leased yet, license fees for all the manufacturers and software consumed, why, there's even out of pocket insurance costs for US workers.
The most successful businesses simply maximize their legal deductions.
They look broke completely legally.
Most corporations don't even have to work that hard to stay on the right side of the law. Except for movie studios. Movie accounting is hard work.