Michael Jordan and Tiger Woods are really part of a very big advertising program, and the fact that they make so much money is because the markets have dictated that they get that money, and the fact that they endorse our products allows us to sell more products and create more jobs.
More Quotes from Philip Knight:
We continue to show strong growth in profitability despite significant pressure caused by the strength of the U.S. dollar against the euro, ... Our international business is robust, showing constant dollar revenue growth in every region outside the U.S.Philip Knight
Succession at any company is challenging, and unfortunately the expectations that Bill and I and others had when he joined the company a year ago didn't play out as we had hoped. I want to personally thank Bill for his dedication and commitment over the past year.
Philip Knight
Our results for fiscal 2000 reflect a year in which we generated positive revenue and earnings growth in a challenging market. While the strength of the U.S. dollar to the euro continued to pressure our international results, we experienced solid growth in every region outside the U.S.
Philip Knight
The distance between the companies that Bill managed in the package goods business and Nike and the new athletic equipment business was too great for him to make that leap.
Philip Knight
Our results were helped by lower-than-expected spending in the first quarter, ... While we expect that spending will reach more normal levels beginning in the second quarter of this year, we remain focused on effectively managing our cost structure going forward, as evidenced by the actions we announced today regarding our Asia-Pacific operations.
Philip Knight
The trouble in America is not that we are making too many mistakes, but that we are making too few.
Philip Knight
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