SAukland said:Except for that little detail that it was a financial results conference call... where they report earnings. So... translated for you... they made revenue from selling shorts in the iTunes store. And they reported it. Even if Motorola was selling phones in the store, or Lugz was selling boots, they would report it as a portion of their revenue.
Numbers please investors. Then they can follow trends and predict the behavior of a stock. Its essential to know what portion of the million movies sold were from Pixar, as it could affect future earnings if it rises.
Right. If Pixar said 'hey, right after the end of our quarter we sold 125K shorts through a new delivery system by company x, we think it's going to be a good deal to stay in,' everyone would be like, wow, cool. Instead, it's omg Steve Jobs is advertising in the Pixar conference call to make Apple look good! And he's been using us as bait to Disney! This sux0rs!
Earnings calls often have information about new directions a company is going in, or anything else of substance that might affect future earnings, for the analysts to be better informed.