Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
I would explain why but ..
Don't answer. I already know what is going to happen...


Frankly, your inability to articulate your view point is not a short coming on others to understand....

GAAP profits in this conversation is not introduced by me.. but by Jim. Nothing is shameful than repeating one's own words over and over... still, the central point I made which pretty much everyone ignored is...

IBM started with Watson on 2000 and touted by the company as the future, here we are after 8 years, Watson is laying off people and Alexa which came almost 4 years later has sold 20M+ units.

The myopic focus on GAAP profits has deprived IBM from capitalizing the opportunity of Watson. On the other hand Amazon ignoring short-term profits has allowed Alexa to be a close competitor to google on search (voice search), almost challenging google's moat.

The fact is your inability to understand this central point is what driving the conversation to useless GAAP profits meme. That's why I said GAAP profits is not the only thing investors and management should focus.

It is really not that difficult concept to understand either...
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement