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Originally Posted by dyna mo
it's not a cash cow for a company that does 60+million in annual sales, by the definition most business people think of the term-
far from a cash cow for playboy.
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In business, a cash cow is a product or a business unit that generates unusually high profit margins: so high that it is responsible for a large amount of a company's operating profit. This profit far exceeds the amount necessary to maintain the cash cow business, and the excess is used by the business for other purposes.
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Dyna mo... do you know the difference between SALES and PROFIT ???? The parent company may do 60 million in SALES but it might have cost the parent company 70 million to make those sales. The damn thing you quoted about cash cows says PROFIT not sales. Give it up already and spend a little more time reading and understanding instead of trying to argue.
What you quoted actually explains GFY to the tee. " This profit far exceeds the amount necessary to maintain the cash cow business, and the excess is used by the business for other purposes. "
LOL that is what is happening, the money they are making from GFY is probably going to pay the bills to keep the lights on at the mansion and to help pay a lot of other people's salaries ;)