Off-Topic: Dumb question....but I asked it too
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Name:
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GoneFishin
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Subject:
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Dumb question....but I asked it too
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Date:
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2/26/2015 4:40:15 PM
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The definition of revenue is interesting. For 2013, AMEX shows total revenue of $32.9B including $18B of discount and card fee revenue. They earned $5B for the year. The $140B must be total monies collected for charges to the card and not really revenue. It is the loss of the discount and card fee that matters.
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