| Author |
Message |
|
|
 Posted: Mar 14, 2012 - 10:44 AM |
|
Joined: Sep 04, 2002
Posts: 21272
Location: Orlando Florida
|
|
|
jgmdesign wrote:
Almost 30 billion in quarterly profits? The tax man ain't taking that much bro
Microsoft and apple are not posting those numbers
Nope. Microsoft has a 31% profit margin, Apple 28%. What's wrong with Exxon making 8 cents on every dollar? Grocery stores seem to get along just fine with about a 3% profit margin. When Ceasar Obamus suspends the Constitution and declares himself El Presidente for Life, he'll teach those greedy corporations who is REALLY the Supreme Leader. Just Tell the CEOs to step aside, nationalize the software industry like he did with the cars and the banks, and pretty soon it will a Facist Dictatorship just like Tito, Franco, Musselini. Nice bunch. But we will have crappy rationed hospitals and everyone will work for the state and the taxes will be 90%. Brave New World. |
_________________
Imagecraft compiler user
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 11:06 AM |
|
Joined: Jul 18, 2005
Posts: 62354
Location: (using avr-gcc in) Finchingfield, Essex, England
|
|
Bob,
You do understand the new rules here regarding religion and politics don't you?
Cliff |
_________________
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 12:29 PM |
|
Joined: Oct 04, 2008
Posts: 410
|
|
The Dutch pay about €1.84/liter = ~2.40US$/liter
30% is product price
60% is all taxes
10% is margin for pump holder |
|
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 01:02 PM |
|
Joined: Sep 04, 2002
Posts: 21272
Location: Orlando Florida
|
|
| Better add government tax policy comparisons between various regimes and Economic theory about profit vs profit margin, which has to do with capitalism, which has something to do with socialism and facism. My wife has some great recipes while we wait to be enslaved. |
_________________
Imagecraft compiler user
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 01:10 PM |
|
Joined: Feb 06, 2009
Posts: 835
Location: TN
|
|
| Bob for president! |
_________________
It all starts with a mental vision.
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 01:13 PM |
|
Joined: Apr 20, 2007
Posts: 6072
Location: Long Island New York
|
|
@BOB,
I guess you make so much money that it is nothing to put fuel into your car...er limo.
Or you have a large stock portfolio in the big oil so you do not want that played with.
So micosoft has a huge profit margin as does apple. Are they posting the 'record' profits that the oil companies keep showing? NO. If they can pull 30 Billion on 8% then they can do quite well with say 5%
Oh, before the mods kill this thread because of the political path it seems to be going down Bob, if you are so all knowing then why not run for office and fix all our problems? |
_________________
Jim
I have decided that I am no longer going to plan anything in advance. In a court of law this is called Pre-Meditated, and does not look good for the defense.....
Timer function not working properly? Check CLKDIV8 Fuse first 
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 02:25 PM |
|
Joined: Nov 01, 2005
Posts: 6326
Location: Hilversum - the Netherlands
|
|
I always fill her up for € 10.- or € 15.- ....
The Dutch prices:
Euro 95 petrol: € 1.75 per litre
Super leadfree 98 (if available): € 1.85 per litre (this is the fuel she needs)
Diesel: € 1.43 per litre
Tax is large percentage of the fuelprices in the Netherlands.
Nard
Edit: Ah! the price of milk I forgot: lowest price for full fat milk: € 0.62 (Lidl) Normal price in supermarket is around € 1.- and even € 1.15 for "Boerenland" which is delicious ! |
_________________
Dragon broken ? Or problems with the Parallel Port Programmer ? Scroll down on my projects-page http://www.aplomb.nl/TechStuff/TechStuff.html for tips
Last edited by Plons on Mar 14, 2012 - 07:03 PM; edited 1 time in total
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 03:05 PM |
|
Joined: Jul 18, 2005
Posts: 62354
Location: (using avr-gcc in) Finchingfield, Essex, England
|
|
The PDF on this page is interesting:
http://www.racv.com.au/wps/wcm/connect/ ... uel+prices
It has petrol prices per litre for most countries in March 2012 but rather annoyingly leaves the reader to do the currency conversion.
(I cannot help thinking the UK may come top though!) |
_________________
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 03:09 PM |
|
Joined: Jan 04, 2005
Posts: 36
Location: Jura - France
|
|
French prices:
Unleaded 95 octane: 1.60 €/L, 2.10 US$/L.
Diesel: 1.40 €/L, 1.82 US$/L |
_________________
« J'ai pas Word, j'ai pas Windows, et j'ai pas la télé ! »
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 06:41 PM |
|
Joined: May 26, 2004
Posts: 2538
Location: Las Vegas, Nevada
|
|
| This week in Nevada, 87 octane is $1.04 per liter (63 British Pee). Across the state line in Utah, $0.97 (lower state tax) and the other way, in California, $1.16 (higher tax). I pay $0.62 a liter for milk. |
|
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 08:57 PM |
|
Joined: Jul 02, 2005
Posts: 5949
Location: Melbourne, Australia
|
|
|
clawson wrote:
The PDF on this page is interesting:
http://www.racv.com.au/wps/wcm/connect/ ... uel+prices
It has petrol prices per litre for most countries in March 2012 but rather annoyingly leaves the reader to do the currency conversion.
(I cannot help thinking the UK may come top though!)
|
_________________
Ross McKenzie
ValuSoft
Melbourne Australia
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 10:02 PM |
|
Joined: Jul 10, 2006
Posts: 2655
Location: Minneapolis
|
|
Minneapolis: $1.00/liter
Never mind the cruel regulatory environment for fuel producers; consider what crap hard dangerous work it is. |
|
|
| |
|
|
|
|
|
|
Posted: Mar 14, 2012 - 10:11 PM |
|
Joined: Mar 14, 2006
Posts: 909
|
|
| I have no clue why people are complaining about gas prices. When I am getting low on gas I put $20.00 in my tank. It used to take a while to put that much gas into my car. Now when I go to a gas station it takes less than two minutes to put $20.00 worth of gas in my car. I am saving so much time. |
|
|
| |
|
|
|
|
|
|
Posted: Mar 15, 2012 - 02:20 AM |
|
Joined: Sep 04, 2002
Posts: 21272
Location: Orlando Florida
|
|
|
jgmdesign wrote:
@BOB,
I guess you make so much money that it is nothing to put fuel into your car...er limo.
Or you have a large stock portfolio in the big oil so you do not want that played with.
So micosoft has a huge profit margin as does apple. Are they posting the 'record' profits that the oil companies keep showing? NO. If they can pull 30 Billion on 8% then they can do quite well with say 5%
Oh, before the mods kill this thread because of the political path it seems to be going down Bob, if you are so all knowing then why not run for office and fix all our problems?
First sentence is the usual 'Ad Hominem Attack' which usually gets the issuer a stern censure from the moderators.
Second sentence is a thinly veiled attack against anyone with a retirement plan that is invested in the stock market. I would expect this from a Marxist or other communist idealog. Those dudes think everyone should be equally poor. Except for the party bosses.
I'm trying to think of a good example that makes the difference between profit and profit margin more understandable. Your position if I understand it is that you are a good company no matter how much profit margin you gouge your customers with, but the one quarter that you make more profit than any previous quarter, regardless of the profit margin, moves you into the evil category? To continue being a good company rather than an evil company, you must make slightly less profit every quarter until you go broke? No record profits allowed? |
_________________
Imagecraft compiler user
|
| |
|
|
|
|
|
|
Posted: Mar 15, 2012 - 03:27 AM |
|
Joined: Apr 20, 2007
Posts: 6072
Location: Long Island New York
|
|
Hey BOB, THere was no Homenim attack. I use CAPITALS TO SHOUT!
Second sentence wasa not an attack, but a mild half arsed shot at you with sarcasm. But as usual, you have to bring up some more political crud as you always do.
From what I notice in this thread everyone is in the same boat and a few have brilliantly vented their frustraation on these higherr and higher fuel costs using sarcasm. But as usual BOB, you had to bring in the WTF ever political rhetoric you fuel your fire with and show that you are just an angry man who blames everything on govenment and any other agency, political or not.
As I stated BOB, why don't you run for office BOB and see how well you do.
Oh well, another perfectly good thread shot to hell.
Maybe I'll start another thread about barbecue saauce, but I am sure there is a government conspiracy on that stuff too. Right BOB |
_________________
Jim
I have decided that I am no longer going to plan anything in advance. In a court of law this is called Pre-Meditated, and does not look good for the defense.....
Timer function not working properly? Check CLKDIV8 Fuse first
|
| |
|
|
|
|
|
|
Posted: Mar 15, 2012 - 09:54 AM |
|
Joined: Jul 18, 2005
Posts: 62354
Location: (using avr-gcc in) Finchingfield, Essex, England
|
|
Bob / Jim,
Can you leave it there now? The alternative is that I simply start deleting things.
Remember this is a "happy place"
Cliff |
_________________
|
| |
|
|
|
|
|
|
Posted: Mar 15, 2012 - 10:38 AM |
|
Joined: Sep 04, 2002
Posts: 21272
Location: Orlando Florida
|
|
| No one else has an opinion on whether an 8% profit margin is obscener than a 31% profit margin? How do you guys set the prices on your products? Parts + labor + some markup? What's the European rule of thumb for the price of an electronic gizmo with a micrcontroller in it? Over here, it gets marked up 30% twice before the retail buyer gets it. You have to mark it up at least 100% to make any money. Over here I thought that was how it worked. Now its obscene to make a profit? |
_________________
Imagecraft compiler user
|
| |
|
|
|
|
|
|
Posted: Mar 15, 2012 - 10:58 AM |
|
Joined: Jul 18, 2005
Posts: 62354
Location: (using avr-gcc in) Finchingfield, Essex, England
|
|
|
Quote:
No one else has an opinion on whether an 8% profit margin is obscener than a 31% profit margin?
I think most people would accept that anything up to about 35-40% is an acceptable margin. Beyond that it starts to look like exploitation. OTOH in a capitalist society isn't price supposed to be set by supply/demand?
In the UK once (and threatened a couple of other times since) there were actually protests outside oil refineries that closed most petrol stations and brought most people's non-essential car journeys to a stand-still for a few weeks. This appeared to be hitting the upper bound of what people were willing to pay in that supply/demand equation.
But I agree that in this case the "villian" is not the oil company (they only break even or actually lose on petrol sales in fact - retail petrol sales are not where they make the big bucks) but it's the government loading petrol up with different duties/taxes which account for something like 64% of the cost of petrol. |
_________________
|
| |
|
|
|
|
|
|
Posted: Mar 15, 2012 - 11:10 AM |
|
Joined: Oct 05, 2006
Posts: 2250
Location: Poland
|
|
Comparison would be more indicative if we specified the relationship between a GDP per capita and the price of the fuel.
http://en.wikipedia.org/wiki/Gross_domestic_product
List of countries with GDP per capita:
http://en.wikipedia.org/wiki/List_of_co ... per_capita
Or even simpler:
How much fuel one can buy for an average year salary (in dm3/year).
Retail fuel price of fuels in Poland:
Gasoline (Pb95, 95 octane, lead-less) is 5,6PLN/dm3 which gives about 1,77USD/dm3.
Diesel price is about the same or usually several percent higher than Pb95).
For Poland this gives about 7880dm3/year.
For USA(peret):
peret wrote:
This week in Nevada, 87 octane is $1.04 per liter (63 British Pee). Across the state line in Utah, $0.97 (lower state tax)
This gives 48050dm3/year.
For Russia(MBedder):
Quote:
Fuel: $0.9..$1/litre (91 or diesel).
This gives 14700dm3/year. |
|
|
| |
|
|
|
|
|
|
Posted: Mar 15, 2012 - 11:42 AM |
|
Joined: Jul 18, 2005
Posts: 62354
Location: (using avr-gcc in) Finchingfield, Essex, England
|
|
I had to look it up. A "dm3" *is* a litre isn't it?
Anyway average salary here is something like £25,600 and petrol is about £1.39/l so I guess that makes 18,417 litres per year.
HOWEVER what about income and other tax? Average salary may be £25,600 but that's not what that person takes home (and has available for buying a swimming pool full of petrol). The tax burdern here on that salary is going to be at least 25% so do we reduce 18,417 by that amount?
Anyway clearly I need to move to the US before putting in that pool! |
_________________
|
| |
|
|
|
|
|
FAQ
Search
Register
Log in to check your private messages
Log in
Maximize
RSS
