The Bottom Line: Philip Morris by the Numbers
- 60%
- Marlboro's market share among U.S. youth
- 22%
- Marlboro's market share among U.S. adults
- 3 : 1
- Ratio of cigarette advertising's effect on kids to its effect
on adults
- $96,195,000
- Philp Morris's U.S. advertising budget for Marlboro cigarettes in 1994
- $112,200,000
- Philp Morris operating profit from illegal sales to U.S. youth in 1995
- 0
- States suing Philip Morris and other tobacco corporations to recover
costs of treating tobacco-related illnesses, as of April 1994
- 7
- States suing RJR Nabisco and other tobacco corporations to recover
costs of treating tobacco-related illnesses as of April 1996
- 14,000
- Philip Morris layoffs announced in late 1993
- $7,877,000
- Total salary, bonus, and long-term compensation paid to Philip Morris
Chair and CEO Geoffrey Bible in 1994
- $5.45 billion
- 1995 Philip Morris profits -- fourth in the Fortune 500
- 5
- Philip Morris's ranking among the Forbes Super 100 most
powerful U.S. corporations for 1995
Philip Morris's Real Market Share
Based on Philip Morris's 46% share of the U.S. cigarette market, the
world's leading tobacco company:
- Shelled out $2.77 billion in 1993 to advertise and promote its
cigarettes in the U.S. alone;
- Addicts 460,000 new teen smokers in the U.S. each year, 153,000 of
whom will die from tobacco-related illnesses;
- Is responsible for $23 billion annually in U.S. health care costs
to treat tobacco-related illnesses.
Sources: Available upon request
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