Hacker News new | ask | show | jobs
by partyanimal 4618 days ago
Operating Profit = Also known as "earnings before interest and tax" (EBIT) or "operating income"

http://www.investopedia.com/terms/o/operating_profit.asp

OOOOPPS!! :)

1 comments

What does that have to do with net income lol.
Wow do I have to explain it to you?

Samsung reports operating profit = Also known as "earnings BEFORE interest and tax" (EBIT) or "operating income"

Apple reports net income = AFTER TAX net income