Thursday, January 13, 2005

 

Cash writes Rex from LA County Prison...

Rex,
Good news as I write you from my over night stint in jail!

Apple's net income for the 4th quarter of 2004 was up nearly 75%. The Wall Street Journal touts an "unprecedented" increase. If you look merely at net income and percentages this could easily be true. Math is funny like that. But success of a company can be measured in many ways. Sometimes it's a reduction in expenses. Sometimes it’s a reduction in debt. Sometimes it's an increase in revenue. All measurements have their flaws. Rene Descarte would
be disappointed.

But for the colors don't run USA, the big measurement is net income (ie-the bottom line). Profit is what makes the papers. Debt can be high but if you can pull if off your profit and loss statement for the year, you gots yourself both a winner and a year end bonus for the Public relations CEO in charge. Thank god for private companies. Answering to share holders can be a royal pain in the ass. Shareholders are like those adopted parents you have to at least tell "I'm going to the movies with my friends." In reality, you're on the 110 Freeway pumped up on Makers Mark, medicinal marijuana and a half bottle of some cancer patient's Oxycodine. True be told, your Company can still be a multi-car crash pile-up waiting to happened. That's the situation of this so called "Company" I work for.

Ps.
Never date a single mom named after an alcoholic beverage. It's only asking for trouble.
With affection,

Cash Frock
LA County Jail.







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