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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (228501)4/10/2005 4:14:24 PM
From: tejek  Read Replies (1) of 1578452
 
Hint: Exxon's gross profit margins in '02, '03, and '04 were:

'02 55%
'03 47%
'04 45%

I don't know from where you are getting your data but net profit margins [a more accurate indicator] ran higher for XOM during 2004 than for the prior 5 year average:

8.50% [2004]] vs 7.25% [5 year average]; that 1.25% increase may seem small until you consider the size of XOM's revenues and expenses. In other words, a 1.25% increase is a significant increase in profits. XOM has benefited mightily from the huge increase in crude prices as have all the oil and natural gas players in the US.

Seriously, dude, who do you think you're foolin'? You're as bad your party and president.

yahoo.investor.reuters.com
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