How to make the NHL profitable again and prevent future lockouts: IPOs
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09-28-2012, 02:25 AM
Join Date: Sep 2004
Location: North of the Tank
Originally Posted by
Publicly owned and DIVERSIFIED. Yes, you're right. Companies like Apple make a large variety of products. Exxon not only drills the oil, but also refines it and has retail gas stations. What about the NHL is diversified? It's a very VERY niche and specialized industry.
OT, but that's a bit of a mismatch. Like talking about Apples vs Foie Gras or caviar.
Apple makes technology products. And many different categories, from computers, to cell phones to music players. (They used to make printers and monitors too.) Products are used by individual consumers, businesses, governments. Diversity based on the visionary/entrepreneur Steve Jobs.
Exxon relies on a single product: petroleum. They have **vertically** integrated from exploration and production, through transportation, refinery. (AIUI, their "retail" branded outlets are not subsidiaries, but franchises, due to anti-trust/monopoly concerns.) (Shell seems to be the one company I recall in advertisements touting a variety of energy sources, including natural gas, ethanol, hydro, geothermal, wind, solar.)
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