What Are the Growth Prospects and Earnings in Robotics and Petroleum Industries?

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Discussion Overview

The discussion revolves around the growth prospects and earnings in the robotics and petroleum industries. Participants explore where to find information on industry growth and financial performance, including forecasts and annual profits.

Discussion Character

  • Exploratory, Technical explanation, Debate/contested

Main Points Raised

  • One participant inquires about resources for understanding the growth and earnings of the robotics and petroleum industries.
  • Another participant suggests that publicly traded companies disclose financial information in their annual reports, which can be accessed online.
  • A different participant reiterates the need for annual reports but notes the difficulty in finding comprehensive industry-wide profit figures and forecasts.
  • It is mentioned that while annual reports may contain forward-looking statements, they do not provide detailed strategies or proprietary information.
  • Some participants point out that there are organizations that attempt to forecast industry trends, but these forecasts can be speculative and vary in reliability.
  • One example of such an organization is Trends Research, although no endorsement is made.

Areas of Agreement / Disagreement

Participants generally agree that annual reports are a source of financial information, but there is disagreement on the availability and reliability of comprehensive industry profit data and forecasts.

Contextual Notes

Limitations include the speculative nature of industry forecasts and the lack of detailed strategic information in corporate disclosures.

AdrianHudson
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Hey guys! I'm just wondering do you know where I can see the growth and total money made by an industry like say robotics or petroleum.

I just want to see what industry I want to go into when I'm older:)! Thanks
 
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Individual companies, if publicly traded, need to make this information public in their annual reports. Those are on the web.
 
Vanadium 50 said:
Individual companies, if publicly traded, need to make this information public in their annual reports. Those are on the web.

Oh you can't like look at how much annual profit an industry makes and the forecast.
 
AdrianHudson said:
Oh you can't like look at how much annual profit an industry makes and the forecast.
That's not what V indicated. Annual reports and other publications of corporations often contain 'forward-looking statements', although they do not contain their detailed strategy or proprietary information.

There are various organizations to try to look years or decades ahead for trends, but they are rather speculative, although some may be better than others.

And example is Trends Research - http://www.trendsresearch.com/. No endorsement expressed or implied.
 

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