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Posted
Your not mistaken by that analysis. It's not sustainable though, GM will eventually meet it's end. You can't run an operating loss for the better part of a decade.
Selling hardware at a loss in order to make money on services is a business model that works for Microsoft (XBOX) and Sony (Playstation) ;-)

I get unpleasant shivers every time a read an article about an 'all Canadian' buyout of Chrysler. I can hear the great tax dollar sucking sound already.....

To fly a plane, you need both a left wing and a right wing.

Posted

Now, now, RiverWind! Soon you are going to need TWO left wings to keep your plane afloat!

We do not have time for a meeting of the flat earth society.

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