Views: 2451|Replies: 3

This is what you get for $400 million [Copy link] 中文

Rank: 8Rank: 8

Post time 2008-3-28 10:19:58 |Display all floors
One of the most notorious examples of IT directly influencing Wall Street was Nike's supply chain disaster in 2000. A software "glitch" in Nike's i2 system rollout depressed its stock price by 20 percent, cost Nike more than $100 million in lost sales, triggered a flurry of class-action lawsuits, and caused its chairman, president and CEO, Phil Knight, to lament famously, "This is what you get for $400 million, huh?"

Use magic tools Report

Rank: 4

Post time 2008-3-28 11:31:54 |Display all floors

Use magic tools Report

Rank: 6Rank: 6

Post time 2008-3-28 14:00:38 |Display all floors

Use magic tools Report

Rank: 4

Post time 2008-3-28 22:33:14 |Display all floors


just a statement that means the opposite of what it appears to mean.

In this context it means that they paid a lot of money (a huge amount) to have things done correctly and things still went wrong. So, he was strongly complaining (sarcastically) about spending so much money and getting much less than he paid for...


Use magic tools Report

You can't reply post until you log in Log in | register

Contact us:Tel: (86)010-84883548, Email:
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.