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To: Elwood P. Dowd who wrote (84673)9/11/2000 9:59:26 AM
From: Andreas  Read Replies (1) | Respond to of 97611
 
Asia sales article raises a lot of questions. The article states the following facts:
1. Asia Pacific revenues were 2 billion in 1999;
2. Asia Pacific revenues are expected to grow 30% in 2001.
3. Asia (not Asia Pacific) currently accounts for about 15% of total revenues of 38.5 billion in 1999 (5.8 billion);
4. Asia revenues this year (2000) are expected to increase 12% to 15%.

The article is an excellent example of apples and oranges financial reporting which begs the following questions;

1. What are Asia Pacific revenues likely to be in 2000?
2. What revenue growth is expected for the entire Asia region for 2001? The article tells us the growth expected for asia pacific but not asia. The implication is that while revenue growth is 30% in asia pacific it will be substantially less in the total asia region (sans japan, greater china, etc.)
3. Is Asia Pacific a subset of Asia? If so, then with 30% growth in Asia Pacific expected in 2001 why not give total asia growth for 2001?
4. Why tell us asia growth in 2000 but not asia pacific growth in 2000?

Any thoughts?