Re: [Avid-L2] OT: SHOW ME THE MONEY!

I get your point but, it is worth mentioning that both companies have taken in other companies and they have both been perceived as niche market companies - no longer the case now for one.

The interesting view of this is what they both had and what they did. In that light, it IS an interesting comparison. Avid could be more than they are.

-gl

On Apr 20, 2010, at 7:26 PM, avidrhl@gmail.com wrote:

> I'm no financial wiz, but is it really fair to compare the two companies at
> this level?
>
> Avid doesn't make phones or music players or operating systems or little
> white headphones.
>
> Wait, they do make headphones
> (http://www.m-audio.com/products/en_us/IE30.html) and they sound pretty
> damn good.
>
> --Rob Lawson, ACSR, CBS News
>
>
>
>
> On Apr 20, 2010 8:36pm, RT <huipro@hawaii.rr.com> wrote:
>> $ CHA-CHING $
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>
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>> A mere $13.5 BILLION in sales for a tidy profit of $3.07 BILLION.
>
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>> For a single, non-holiday quarter. Not counting iPad sales.
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>
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>> To offer a little perspective, Apple net profit in this quarter alone is
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>> 5X what Avid grossed in sales for all of last year.
>
>
>
>
>
>> And they now have close to $42 BILLION in the piggybank. That's
>
>
>> untapped potential. Meanwhile, Avid drained around 27% of their cash
>
>
>> reserves in 2009.
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>
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>
>> http://9to5mac.com/chart-apples-growth-343545
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>> Stay tuned for Tewksbury's response,..
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>> RT
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>> RT wrote:
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>>>
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>>>
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>>> Apple and Avid report earnings this week. Webcasts worth watching.
>
>
>>>
>
>
>>> APPLE
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>
>>> Tuesday April 20, 2010 @ 2:00pm PT/5:00pm ET
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>
>>> http://www.apple.com/quicktime/qtv/earningsq210/
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>
>>> http://www.apple.com/quicktime/qtv/earningsq210/>
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>
>>>
>
>
>>> AVID
>
>
>>> Thursday Apr 22, 2010 @ 4:30 PM ET
>
>
>>> http://ir.avid.com/events.cfm http://ir.avid.com/events.cfm>
>
>
>>>
>
>
>>> If you didn't dispose of all your income in Vegas last week, you might
>
>
>>> even get in the game.
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>>>
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>>> RT
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>
>>>
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>
>>> [Non-text portions of this message have been removed]
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>>>
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>>>
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>> [Non-text portions of this message have been removed]
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>> ------------------------------------
>
>
>
>
>
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> [Non-text portions of this message have been removed]
>
>
>
> ------------------------------------
>
> Please donate to the Red Cross to help those in earthquake ravaged Chile: http://tinyurl.com/y8pgceq
>
> Search the offical complete Avid-L archives at: http://archives.bengrosser.com/avid/
>
> Yahoo! Groups Links
>
>
>

------------------------------------

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