What a Salesperson...
$10 billion in new sales w/in hours of landing
(Reuters) - President Barack Obama said on Saturday that U.S. businesses were concluding $10 billion in new export business with India as he began a 10-day Asian tour in Mumbai, the nation's financial capital.
The White House says this will help to support around 54,000 jobs in the United States.
Here are some of the deals in the Reuters lists the pipeline.
A few other $10 billion headlines placing President Obama's sales in perspective:
- BP taking $10 billion tax credit from Gulf spill BP $10 billion tax credit
- Google plans to make $10 billion per year from Android $10 billion Android
- $10-billion Medicaid plan approved for California $10 billion CA Medicaid
- GM IPO to Raise $10 billion Article
- I.B.M. Approves $10 billion Stock Buybacks The New York Times
- Chrysler applied for roughly $10 billion in loans Reuters
$10 billion in new sales is the equivalent of:
- 8.77 days of gross sales at Wal-Mart
- 11 days of gross sales at Exxon Mobil
- 24 days of sales at General Electric
- 42 days of sales at JP Morgan Chase
- 56 days of sales at Apple and 42 days sales based on 2011 estimate
In all fairness Mr. President, $10 billion is significant when compared to several of Jim Cramer's high flying CANDIES favorites:
- 2,500 days (6.85 years) of gross sales for Sales Force.com and Panera Bread
- 2,000 days (5.48 years) of gross sales for Chipotle Mexican Grill
- 3,333 days (9.1 years) of gross sales for Deckers
- 1,666 days (4.6 years) estimated gross sales for Netflix
$10 billion divided by $14 trillion U.S. GDP equals: 0.000714285714
(it's a start Mr. President...)