Question

What was the first company in the world to post $1 billion in annual earnings, in 1995?

What was the first company in the world to post $1 billion in annual earnings, in 1995?

Answer

General Motors.

Apr 13 at 22:39

General Motors.

Apr 14 at 2:25

Quote from New Yrok Times:

Exxon, the largest oil company in the United States, said its profit jumped nearly 49 percent to a record $2.49 billion, or $2 a share, in the fourth quarter, compared with a profit of $1.68 billion, or $1.35 a share, in the similar quarter of 1995. Revenue climbed to $37.62 billion from $31.50 billion.

Exxon Corporation earned more than 1 billion dollars in the 4th quarter of 1995. Exxon Corporation earned more than 1 billion dollars in 1988 already.

So not sure how to answer the question.

Apr 14 at 6:34