Originally posted by burntheblobs
Don't confuse amount of sales with efficiency. The problem is that these firms aren't efficient. If I am selling more bananas then any other banana producer in the world, but I am so inefficient that it costs me $50 per banana to produce, I am going to lose money.

You are correct sir.

Basic business model is not being followed. Why? Because for so long the golden goose was fat enough to take the hits.

The golden goose is dead