Quote:
Originally Posted by ckelly78z
I'm in Findlay, Ohio.....home of Marathon oil world headquarters, and where the price of $3.89 a gallon is higher than anywhere within a 50 mile circle.......go figure. BTW, they announce record profits every quarter like clockwork. 4th quarter revenue was up 11% to $4.24 BILLION dollars.
|
Their "record" profits were:
Profit Margin (ttm): 10.06%
Apple's profit margin for the same period was:
Profit Margin (ttm): 25.35%
The difference? People didn't line up to buy marathon's latest product.