Mit88
DIS Veteran
- Joined
- May 18, 2019
- Messages
- 4,554
You are correct, but companies operate losing money all the time, see all the tech companies. Uber has yet to make a profit, lost $1.2 Billion in Q4, Q2 2019 lost $5.2 billion in just three months and may never make a profit. Yes, Disney is differnet than Uber and Disney needs to open asap but does have more runway than most think.
Yes, they have a lot of runway, but its not an endless runway. Bleeding money just because other companies arent turning quarterly profits isnt a smart strategy