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"Revenue was $426 million, a decrease of 29 percent compared to the first quarter of fiscal 2009. "
doesnt' really mean much... it means they didn't make as much... but are they in the red or the black?
The stock price is healthy, it's consistent, it's not in flux, it's even gaining.
I would not be surprised if healthy companies are using the financial situation of less well off companies to trim down the company fat... lose less productive employees or lose questionable branches that either aren't making money or not doing the greater whole any good (R&D, service/support, products, etc)
Keep in mind GM is loosing TENS OF MILLIONS a week in order to continue operating, Autodesk is not.
Autodesk has just announced it will reorganize a few departments to cut costs.
Asker of smart noob questions, cause the dumb ones go unasked.
User of Max8
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