Quote:
Originally posted by Superman
Quarterly profits of only $2.88 BILLION? Is BP taking donations? I hate to think of an oil company in the embarrasing position of earning only.......
$2,880,000,000 in three whole months.
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The number by itself means nothing. You must normalize it by comparing it to sales for the period. And when you do that, it's not terribly impressive. In fact, I think Starbucks did better.