GE profits plummet. - Blu-ray Forum

Deane Johnson · 04-11-2008, 02:56 PM

I wonder how much of the loses Universal's ill conceived support of HD-DVD contributed to this.

http://www.bloomberg.com/apps/news?p...efer=worldwide

tron3 · 04-11-2008, 03:03 PM

Want a sure fire way to improve profits? Fire the overpaid CEO's!

A trend started in the mid 1980's where CEO's started demanding huge salaries and were getting them. In the past 20 years CEO earnings are up about 300 percent. The average American is up about 3-5%. Maybe a little more.

JTK · 04-11-2008, 03:23 PM

Quote:

Originally Posted by tron3

Want a sure fire way to improve profits? Fire the overpaid CEO's!

A trend started in the mid 1980's where CEO's started demanding huge salaries and were getting them. In the past 20 years CEO earnings are up about 300 percent. The average American is up about 3-5%. Maybe a little more.

No, don't you see? It's much better that CEO's get to walk away with millions of dollars even when debacles like this happen.

Spankey · 04-11-2008, 04:00 PM

Have they said where the profits were coming from? There are a lot of factors that could have contributed. The writers strike may have contributed as well.

dialog_gvf · 04-11-2008, 05:11 PM

GE is a huge conglomerate. I doubt NBC Universal has a big affect.

Gary

Sylin · 04-11-2008, 05:34 PM

Let's just wait until after the Olympics...

DetroitSportsFan · 04-11-2008, 05:37 PM

Quote:

Originally Posted by tron3

Want a sure fire way to improve profits? Fire the overpaid CEO's!

That can be said for most U.S. companies.

cking2729 · 04-12-2008, 03:48 PM

GE's financial services sector can be attributed to ~95% of this. It has nothing to do with craptastic HD-DVD or the writers strike. GE is involved in everything from commercial finance to real estate, which have tanked tremendously. That's the ultimate culprit.

And NBC Universal isn't really hurting them, nor is it making them money. But I think GE's investors are coming to the realization that NBC Universal doesn't really fit well in the GE conglomerate, and will probably make a push to sell it off after the Summer Olympics.

04-11-2008, 02:56 PM	#1
Deane Johnson Active Member Member since:Nov 2006 Location:Omaha, NE	GE profits plummet. I wonder how much of the loses Universal's ill conceived support of HD-DVD contributed to this. http://www.bloomberg.com/apps/news?p...efer=worldwide

04-11-2008, 05:11 PM	#5
dialog_gvf Moderator Member since:Nov 2006 Location:Toronto Blu-ray collection:320	GE is a huge conglomerate. I doubt NBC Universal has a big affect. Gary Last edited by dialog_gvf; 04-11-2008 at 05:50 PM.

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04-11-2008, 03:03 PM	#2
tron3 Blu-ray Samurai Member since:Aug 2004 Location:New Jersey Blu-ray reviews:3	Want a sure fire way to improve profits? Fire the overpaid CEO's! A trend started in the mid 1980's where CEO's started demanding huge salaries and were getting them. In the past 20 years CEO earnings are up about 300 percent. The average American is up about 3-5%. Maybe a little more.

04-11-2008, 04:00 PM	#4
Spankey Power Member Member since:Oct 2006	Have they said where the profits were coming from? There are a lot of factors that could have contributed. The writers strike may have contributed as well.

04-11-2008, 05:34 PM	#6
Sylin Blu-ray Samurai Member since:Jun 2007 Location:Nashville Blu-ray collection:1 Trading Score:159	Let's just wait until after the Olympics...

04-12-2008, 03:48 PM	#8
cking2729 Senior Member Member since:Nov 2007	GE's financial services sector can be attributed to ~95% of this. It has nothing to do with craptastic HD-DVD or the writers strike. GE is involved in everything from commercial finance to real estate, which have tanked tremendously. That's the ultimate culprit. And NBC Universal isn't really hurting them, nor is it making them money. But I think GE's investors are coming to the realization that NBC Universal doesn't really fit well in the GE conglomerate, and will probably make a push to sell it off after the Summer Olympics.

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