You might have googled 'gross profit' which isn't the same thing, as it doesn't account for the many costs of running a capital-intensive business, like machines and stuff.
I don't understand why you are looking at net profit, taxes are computed after payroll costs are taken out. Sure there will be some interests to be paid, buy I don't see how gross is more wrong than met here.
If you want to make that argument than use earnings before taxes, not gross profit which excludes the cost of everything from operations to debt service
No, it's the 12 months to the end of the last quarter.
The title of the table you reference makes it clear they're reporting TTM numbers.
TTM = Trailing Twelve Months
In general, the frequency of reporting doesn't have to match the measurement period. For example, inflation is often reported monthly, even though it measures the change in the level of prices since a year ago.
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You might have googled 'gross profit' which isn't the same thing, as it doesn't account for the many costs of running a capital-intensive business, like machines and stuff.
I don't understand why you are looking at net profit, taxes are computed after payroll costs are taken out. Sure there will be some interests to be paid, buy I don't see how gross is more wrong than met here.
If you want to make that argument than use earnings before taxes, not gross profit which excludes the cost of everything from operations to debt service
Operating margin is the correct pre tax number to look at. It deducts operating expenses but not interest and taxes.
No, that's 4bn net profit for the last quarter.
The table below the chart makes it abundantly clear that they are reporting quarterly numbers.
No, it's the 12 months to the end of the last quarter.
The title of the table you reference makes it clear they're reporting TTM numbers.
TTM = Trailing Twelve Months
In general, the frequency of reporting doesn't have to match the measurement period. For example, inflation is often reported monthly, even though it measures the change in the level of prices since a year ago.
Well what's the profit of the other two? Does it add up to $21 billion?