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I agree that the WSJ statement is very misleading, but I believe they meant it in comparison to Q1 2014, not in comparison to Q4 2014. From the WSJ article: "P
by jofer 11y ago
I agree that the WSJ statement is very misleading, but I believe they meant it in comparison to Q1 2014, not in comparison to Q4 2014.
From the WSJ article:
"Profits [...] advanced 3.1% in the first quarter of 2015 from the fourth quarter of 2014, after falling 3% in the prior period. "
- randomname2 11y agoIn Q1 2014 they they were absolutely horrific and we had one of the worst plunges ever if you look at the graph. It's not really a fair comparison.
- sgnelson 11y agoIt's quite fair, year over year is a very normal and usual way of measuring growth. (it helps in that it gets rid of seasonal variations for one, but this is a very minor reason to use it.)
- chisleu 11y agoYes, you always compare over last year. Q4 is always high compared to Q1 as people in Q1 are paying for the things they bought in Q4 for the holidays.