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Yeah I dunno what they're talking about. This was the largest loss of all time for Intel. Nobody in their right mind should be issuing a dividend... and I'm a s
by booi 3y ago
Yeah I dunno what they're talking about. This was the largest loss of all time for Intel. Nobody in their right mind should be issuing a dividend... and I'm a shareholder.
- qeternity 3y agoThere are a lot of things that go into GAAP EPS. You can be profitable and have negative GAAP EPS.
- MichaelZuo 3y agoCan you list some real world examples where the difference was in the multiple of billions?
- FairlyInvolved 3y agoWriting down a merger/acquisition is probably the main scenario where this could extend to the billions. I don't have an exact list but I think you'll see differences of that order in the years following big acquisitions like AMD / Xilinx for this sector.
- MagnumOpus 3y agoA very recent example - but the other way around - is Credit Suisse which is going a paper accounting profit of $14bn in Q1, while also having basically gone bankrupt. In addition UBS is also going to post a $53bn paper profit in Q2, without actually having “earned” any surplus money from acquiring Credit Suisse… Matt Levine goes into the gory detail: https://archive.is/0T1CG https://archive.is/0T1CG