Thursday, July 31, 2008

Who is Laughing? Who is Hurting?

Exxon Mobil Corp. Chairman and CEO Lee Raymond


Exxon Posts Record $11.68 Billion Profit



World's largest publicly traded oil firm makes $1,485.55 a second in the quarter

Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter.

That profit works out to $1,485.55 a second.

That barely beat the previous corporate record of $11.66 billion, also set by Exxon in the fourth quarter of 2007.

source: CNN Money


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