October 16, 2024
Saying so does not make it so
Here’s a quick summary of the earnings Abbott released this morning. As expected, the base Libre business is doing quite well. If you believe Abbott CEO Robert Ford Lingo is off to a strong start exceeding internal expectations. Throw in the new “partnership” with Medtronic and life in Libre land appears blissful. Robert also has to be feeling pretty good with the layup questions he gets from analysts on Libre who seem more concerned with kissing his backside then actually getting the facts straight.
But as Momma Kliff used to say what you see on the surface does not . . .
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