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To: bolobaby
Profitless growth is an oxymoron. What passes for it is profit reinvested in low margins to induce growth. Otherwise it is a Ponzi scheme. And, I would add, it turns into a Ponzi scheme if there is a downturn in the market at the wrong time.

7 posted on 11/18/2015 9:47:34 AM PST by conservatism_IS_compassion ('Liberalism' is a conspiracy against the public by wire-service journalism.)
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To: conservatism_IS_compassion

It’s not an oxymoron under GAAP.

But, then, under your logic, your 90% of the profits statement is completely wrong. Do you know that Android phone makers *aren’t* reinvesting profits to capture additional market share?


8 posted on 11/18/2015 4:55:11 PM PST by bolobaby
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