Elsevier plus LexusNexis: profits up for 2008, to over $1.5 billion U.S.

[Heather Morrison <heatherm@eln.bc.ca>]

**	with apologies for cross-posting	**

Elsevier recently released early 2008 results:  profits are UP, 
to over $1.5 billion U.S. for the Elsevier and LexisNexis 
divisions alone.  This is not a typo - that's PROFIT, not 
revenue.

Profit margins are 33% for Elsevier and 26% for LexisNexis.

Here are some ways to explain what that 33% Elsevier profit 
means:

Elsevier could reduce prices by one-third for all of their 
customers around the world - with no other changes to business 
practices - and still break even.

Elsevier could reduce prices by twenty percent for of their 
customers around the world - and still have an enviable profit 
rate of 13%.

For additional numbers and links, see: 
http://poeticeconomics.blogspot.com/2009/02/elsevier-plus-lexisnexis- 
earned-more.html

Any opinion expressed in this e-mail is that of the author alone, 
and does not represent the opinion or policy of BC Electronic 
Library Network or Simon Fraser University Library.

Heather Morrison, MLIS
The Imaginary Journal of Poetic Economics 
http://poeticeconomics.blogspot.com