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So, just how much is $40.6-billion?
By BECKY BOWERS, Times Staff Writer
Published February 2, 2008
Historic crude oil prices propelled Exxon Mobil Corp. to the largest annual profit by a U.S. company on Friday: $40.6-billion. Sales for the year rose 4 percent to $404.5-billion. Whose profit record did it beat? Its own. - It's $77,194 a minute, day and night, all year long.
- It's nearly the entire gross domestic product of Luxembourg ($40.7-billion).
- It trounces the combined net worth of Google founders Sergey Brin and Larry Page ($33.2-billion).
- It approaches Microsoft's original offer to buy Yahoo ($44.6-billion).
- But even that record profit would bankroll America's oil appetite for just 21 days. (20.7-million barrels a day at $90 a barrel).
[Last modified February 1, 2008, 23:12:22]
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