Some people are hard to please. From the New York Times:
Exxon Mobil reported the second-best quarterly profit in its history on Thursday — and investors could barely hide their disappointment.
Exxon, the world’s largest publicly traded oil company, said its net income rose 17 percent in the first quarter, buoyed by high oil prices. But that was less than Wall Street expected, and Exxon’s shares fell 3.6 percent, to close at $89.70.
The Internet cartoon Joy of Tech thinks the problem is that we’ve passed Peak Profit. (Click the link or the cartoon to see the whole thing.)
It’s all downhill from here.
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