CNNMoney: Exxon made nearly $1,500 per SECOND in Q2

[Amerigo Vespucci]

Exxon posts record $11.68 billion profit
World's largest publicly traded oil firm makes $1,485.55 a second in the quarter, but misses forecasts.

By Steve Hargreaves, CNNMoney.com staff writer
Last Updated: July 31, 2008: 12:55 PM EDT

http://money.cnn.com/2008/07/31/news/companies/exxon_profits/index.htm?cnn=yes

NEW YORK (CNNMoney.com) -- 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.

"The fundamentals of our business remain strong," Henry Hubble, Exxon's vice president of investor relations, said on a conference call. "We continue to capture the benefit of strong industry conditions."

[Bozita]

1. "I know obscenity when I see it." - SCOTUS Justice Potter Stewart in Jacobellis v. Ohio

[burythehatchet]

2. $100,000,000 PER DAY