Karlzmom
DIS Veteran
- Joined
- May 16, 2007
- Messages
- 2,619
Err, yes, I had noticed there is a recession going on. Doesn't that mean you might appreciate your customers MORE.
To somehow claim that without this cost cutting that Disney might conceivable have to shut down is not born out by the facts
Disney's gross profit
2005 $3,931B
2006 $5,355B
2007 $6,829B
2008 $7,404B
2009 $4,102B (with last quarter still to report)
Egads they are making oodles of money, so one can't claim that they are cost cutting to survive.
I really hope that people reading this recognize what GROSS PROFIT is....its the difference between revenue and the cost of making the product/providing the service BEFORE DEDUCTING overhead, payroll, taxation and interest ....so the "big money" doesn't really give any sort of snap-shot into how much Disney is really making.