Friday, July 29, 2005
Profit Laggards Unmasked
Bob Rosen brought this to my attention a few years ago. I didn't believe it then until I calculated it myself.
When reading the PIA release, it's easy to say that for 2004, profit leaders were almost 4x more profitable than the average printer (9.4% vs. 2.5%; the actual difference is 3.76x). But the real calculation is the difference between profit leaders and "laggards." It's really 47x! (9.4% vs. 0.2%).
All data are from the PIA release except for the column in yellow, which are the result of my calculations using the PIA data.