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Microsoft CFO calls for 'intensity' in an internal memo, after blowout earnings
(www.businessinsider.com)
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this post was submitted on 04 Aug 2025
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Publicly traded companies have to continually make more money than they did last month, last quarter, same time last year.
Failing to do so means they are somehow "losing" money that is "rightfully owed" to them and the stock market punishes them.
It doesn't matter if you're profitable or not, so long as you're continually making more money.
It's not only "more". The company I work for had "record profits, far and beyond anything we were expecting" in 2021. In 2022, we were told that the company made more than in 2021, but didn't meet the earnings projections. That's still record profits, but phrased like a loss.
Not only must the line go up, but it has to go up faster than it did before. Nothing less than exponential growth.
They actually have a legal obligation to maximize profits. It's insane.
Technically they don't - it's a lie told often by CEO. But its a lie. https://law.stanford.edu/wp-content/uploads/2023/01/Fiduciary-Duties-of-the-Board-of-Directors.pdf
Yeah, except for Tesla, how the fuck man.
Mmhmm compare that with the sales numbers, then compare against any company in history which has had a similar sales pattern for a publicly traded company.