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Can't speak for all giant companies, but they care about percent growth. A product that might be profitable, but millions profitable and not billions profitable
by nol13 10y ago
Can't speak for all giant companies, but they care about percent growth. A product that might be profitable, but millions profitable and not billions profitable, it isn't worth the effort and gets axed or sold. A 0.1% profit boost isn't gonna matter to share price. Not saying I agree with it, just an observation.
- nickpsecurity 10y agoIt depends on the company. Many of the big companies... can't say most without data... get their money through a collection of products and services. They do care about millions because a million here and there accumulates. The low-margin business care down to the pennies of individual items. So, that isn't a rule for big businesses especially in the Global 2000. Many care about that stuff. There's just competing interests that can axe one thing for another. The ones doing stupid, expensive stuff also make the news more since "incrementally improved operation to make more money" isn't as exciting over coffee. ;)