re: Misquote.
It's the same statement, because, of course, he's talking the raw amount of money, not the percentage of revenues. High prices = more revenues.
Profits are high as an amount of money because revenues for such gigantic companies are also high. As a percentage, the profits are around ten percent. The taxes and fees paid to various governments on those revenues were about 26 percent, almost three times the level of profits. I covered some of the numbers in this post.
It's very hard to cut through all the "eat the rich!" shrieking in Washington and elsewhere, but the numbers are what they are.
