Pfizer revenue and profits soar on its Covid vaccine business: Vaccine business alone was responsible for more than 60% of the company's sales

CNN ^ | November 2021 | Chris Isidore

[SeekAndFind]

New York (CNN Business): Pfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for results the full year, thanks greatly to its Covid-19 vaccine.

The company reported adjusted earnings of $7.7 billion, up 133% from a year earlier. Revenue soared to $24.1 billion, up 134%. Both easily cleared results forecast by analysts.

The vaccine business alone was responsible for more than 60% of the company's sales, as vaccine revenue rose to $14.6 billion from only $1.7 billion a year earlier. The company said its Covid vaccine sales accounted for $13 billion of that revenue. Revenue outside of its Covid vaccine business was up a far more modest 7%.

This year, the Covid vaccine has brought in revenue of $24.3 billion. And Pfizer said it expects a total of $36 billion from the vaccine for all of 2021 -- nearly $12 billion more in revenue the final quarter of the year. And it said based on contracts it now has signed it expects revenue $29 billion from the Covid vaccine in 2022. And that's not necessarily all it will bring in.

"We continue to engage with governments regarding potential additional orders for 2022," said the companu. The company said it now expects full-year 2021 revenue of between $81 billion to $82 billion, up $2 billion from its earlier guidance. It also raised its earnings per share outlook by about 3% to 5% above what it had been expected to earn.

"While we are proud of our financial performance, we are even more proud of what these financial results represent in terms of the positive impact we are having on human lives around the world," said CEO Albert Bourla in his prepared remarks for investors.

[DugwayDuke]

SeekAndFind wrote: “Well, if they don’t work, the free market will quickly show that they don’t.”

The fact that they don’t work has been fully demonstrated.
I do not believe that hundreds of thousands of health care workers in the US or millions world wide would be sitting on the information if they did work.

[DugwayDuke]

SeekAndFind wrote: “It’s a reasonable fee for medical service. The fact that they’re getting referals from people who are getting well WITHOUT COERCION ( Unlike the vaccines ) says a lot about how good their service is.”

Except there prescriptions aren’t working. A doctor knowingly sells a remedy that doesn’t work is guilty of malpractice. You say “WITHOUT COERCION” ignoring the fraud and deception involved.

[SeekAndFind]

RE:Except there prescriptions aren’t working. A doctor knowingly sells a remedy that doesn’t work is guilty of malpractice. You say “WITHOUT COERCION” ignoring the fraud and deception involved.

1. It is not for you to determine whether or not the prescriptions are working or not but the ones using them.

Since the referrals keep coming ( two of my acquaintances who have used their services for Covid and quickly recovered, referred two others), how do you know they do you know they don’t work?

If they don’t work, word of mouth would find their services useless. But that’s not what’s happening.

2. There’s still no coercion. Nobody is forced to use their services if they don’t want to. You’re certainly not being threatened if you don’t use their therapy.

Now consider the Pfizer vaccines on the other hand... the government is threatening loss of livelihood and the taking away of freedom if people don’t take their product. How’s that going to convince ?

BTW, you made a wrong assumption in your previous post. I am not anti-vaxx, I’ve been vaxxed several times. Including for Hepatitis 4 years ago.
But that was me voluntarily taking it after looking at the data and given informed consent. The policies for the current mRNA vaccines are not like that. The more the threats, the greater the suspicion.

[SeekAndFind]

RE: The fact that they don’t work has been fully demonstrated.

NO IT HASN’T. If they don’t work, their patient base would quickly dry up, especially with the government threatening to shut them down. But they keep coming. Most of them through word of mouth from previous patients. It’s not for you to determine what works for someone when they themselves have experienced the benefits.

RE: I do not believe that hundreds of thousands of health care workers in the US or millions world wide would be
sitting on this information

Well, it’s because the information is being suppressed by the powers that be. But many knowledgeable researchers who bothered to look at the data for themselves know the benefits of early treatment with Ivermectin and Hydroxychloroquine.

Doctors like Harvey Risch of Yale University and many others aren’t your run of the mill snake oil sales man. They bothered to look at the studies and the results. They looked at the alternative — stay home, quarantine yourself and call the hospital if your condition gets worse — and concluded that using these therapeutics work.

ALL THESE DONE WITHOUT THREATS, ALL THESE DONE BY SIMPLY PROVIDING INFORMED CONSENT.

And here you are getting all worked up over a $90 to $100 medical consultation and $6 million in earnings for scores of doctors with thousands of patients and ignoring the power of government and our tax dollars being used to support the tens of billions revenues ( and counting with the need for boosters ) of the mRNA vaccine makers.

I looked at these two sides and ask myself... who has the moral high ground? Sorry, unless the factor of threat and coercion is taken out, I can’t side with Pfizer.