Tuesday, May 25, 2010

Q1 comedy

I know this is old news by now, but I've been re-listening to the Q1 earnings conference call from April of this year. As always, you can find it available for download on the company's website. If you do download the .mp3 and listen to it, there is a hilarious moment at the 37:45 mark when one of the analyst asks a very long run-on question and the "um" that is initially uttered in response is just epically unintentionally hilarious to me. I'm not sure why it is, but I just laughed out loud in the middle of the office while listening to it. It's such a deer in the headlights moment for our usually polished CEO.

Edit: The shock was not due to the information being asked for in the question, but the astounding way in which the question was asked. At the beginning of the Q&A session, analysts are told they can ask one question and one follow-up question. Most will actually end up asking one question, then an often unrelated second question and then perhaps a short-follow-up question so they often sneak in an extra question, but everyone seems okay with how it all works out. For this question, this was the analyst’s follow-up question, but it was a doozy.

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