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"On paper, Porsche made between €30-40 billion in the affair. Once all is said and done, the actual profit is closer to some €6-12 billion. To put those numbers
by Guatejon 18y ago
"On paper, Porsche made between €30-40 billion in the affair. Once all is said and done, the actual profit is closer to some €6-12 billion. To put those numbers in perspective, Porsche’s revenue for the whole year of 2006 was a bit over €7 billion."
Just shows how out of whack the whole economy is in that Porsche could make more money for their shareholders by playing financial games then actually manufacturing products.
- eru 18y agoIt came at a risk, though.
- run4yourlives 18y agoSo would normal profits from products though. They're in the automotive industry after all.
- eru 18y agoBut that's their normal business risk.