Disney’s Income Falls … now’s the time to take advantage
Walt Disney Co. today informed the financial markets that it’s net income had fallen 32% in the last quarter. This is a sign of the state of the economy at the moment but instead of focussing on the negative we really need to look at the positive.
Once upon a time a company reporting a net income of $845 million would have been celebrated but we now live in different times. OK, it was down from $1.25 billion on the year earlier but it’s still a great result even in harder times.
It just goes to show that people are still visiting the parks and they are still buying Disney products. It also means that the parks aren’t packed and that ride times are shorter. In fact, it could be argued that now is absolutely the right time to make a visit.
