Quote:
Originally Posted by baddog
What were the profits the quarter before that? Are their profits going up or are they going down?
$600 mil is a lot of money to you, it might be a hit to them.
|
" The Walt Disney Co. reported on Tuesday sharply lower profit during the first three months of the year, as the media-and-entertainment giant was squeezed by heavy discounting in its theme parks and a poor performance at its movie studio.
Disney said it made $613 million during the three months that ended March 28 -- the second quarter of the company's fiscal year -- down 46 percent from $1.1 billion during the same period last year. "
Revenue dropped 7 percent to $8.1 billion.
http://www.orlandosentinel.com/busin...,2091555.story