Comments on: How did they do that? Porsche’s Profit Exceeds Revenue!!

By: Porsche Profits on Volkswagen Position | 993C4S: Porsche Cars, Products and LifeStyle

Mon, 07 Sep 2009 19:12:24 +0000

[...] Comments Earlier this year, it was reported that Porsche expected their profit to significantly exceed revenue. Yes, you read that correctly. Porsche will recognize more money in profit than they did in [...]

By: How Did They Do That? Oh, Wait. They Didn’t! | 993C4S: Porsche Cars, Products and LifeStyle

Mon, 07 Sep 2009 17:13:22 +0000

[...] Comments In Porsche’s last full fiscal year they reported more profit than revenue. A fiscal impossibility you say? Not so, if you’re playing in the world of high finance and [...]

By: BigBadHuey

BigBadHuey — Sat, 02 Aug 2008 15:31:29 +0000

@Everyone

Yeah, you all drive Porsches for the pleasure and not for the status. Sure.

There’s also only one reason someone would buy a $5,000 watch…durability, right?

You guys crack me up.

BigBadHuey

By: Porsche Girl (Valerie)

Porsche Girl (Valerie) — Thu, 31 Jul 2008 00:04:26 +0000

I too drive for pleasure and the love of Porsche, and I must say I’ve had nothing but a positive experience with their Customer Service. True, their parts are expensive and sometimes take a little bit to arrive. But in terms of supporting their product Porsche is an exceptional company.
I’m not too crazy about W’s bonus size, but that’s a matter of principle for me–he is a marvelous manager, after all, and arguably the sole reason why Porsche was able to emerge from their slump a decade ago.

By: Bill Piker

Bill Piker — Tue, 29 Jul 2008 02:45:05 +0000

it all comes down to “creative accounting” or working in a real way to create real profits
Contrast this to the us where you would think that their product is to provide health care benefits and retirement packages to experienced productive workers while management takes big bonuses while the auto companies nosedive
Real profitability takes eons of planning and efforts
Its not creative accounting – just sound business practices paying off

By: 993C4S

993C4S — Tue, 29 Jul 2008 02:17:11 +0000

@Bob,

I’ve never heard of this practice of shipping parts back to Germany. Where does your information come from? I would like to investigate.

As for owners being treated poorly, Porsche is consistently winning awards for customer satisfaction and quality. It is possible a few bad experiences have biased your opinion?

I’m with you, I drive for enjoyment, not for status.

By: Bob 993

Bob 993 — Mon, 28 Jul 2008 18:45:16 +0000

You would think that Porsche would give people that own their “flagship” car some type of break to keep them running. Instead they have their dealers ship back to Germany small (and some large) parts so they can charge large $$ to reship them and give us a three to six week delivery lead time.
Profit is required, but lets get real, it may not last if owners are treated poorly. I have heard the story, that owners of Porsches have big bucks, and don’t care, but some drive for the enjoyment and not the status and do care.