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Wal-Mart Tells Employees It Will Cut 11,200 Jobs -01.26.10 | New York Times
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At least 600,000 cribs recalled after child death -01.20.10 | Associated Press
Do the Math
Wal-Mart just had its first $100,000,000,000 quarter. For simplicity’s sake, we’ll say the company earns $400,000,000,000 a year. $400B divided by 365 = $1,095,890,411 a day. Divide that by 24 = $45,662,100 an hour. Divide that by 60 = $761,035 a minute. Divide that again by 60 = $12,684 a second. It would take less than 38 seconds at that rate of revenue generation for the company to earn $470,000.
Posted by Alex Goldschmidt on Tuesday, March 18, 2008
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