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(Marketwatch)   Whirlpool profits down 58%. Now, if only there was some phrase to describe this failure   (marketwatch.com) divider line 33
    More: Fail, Whirlpool Corporation, net sales, tax expenses, product innovation, Maytag, LG Electronics, Chief Executive Jeff Fettig  
•       •       •

548 clicks; posted to Business » on 23 Oct 2012 at 2:05 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



33 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread
 
2012-10-23 12:47:03 PM  
3.bp.blogspot.com

That's the phrase!
 
2012-10-23 01:03:44 PM  
Is there a phrase for self-greenlighting every stock-price-pun submission?
 
2012-10-23 02:34:24 PM  
What failure? Stock is up 7% today in a down market.
 
2012-10-23 03:23:09 PM  
Circling the drain?
 
2012-10-23 04:03:26 PM  

mysticcat: Is there a phrase for self-greenlighting every stock-price-pun submission?


You're right, this page is starting to get over stocked.
 
2012-10-23 04:28:44 PM  
Since we're on the subject, does anyone know if this refrigerator is any good?

Link


Serious question--not a lame rickroll.

Thanks.
 
2012-10-23 04:57:53 PM  
Contractor here.
Never buy a Whirlpool hot water heater.
 
2012-10-23 05:03:16 PM  
So their profits are down 57%, but they're not losing money? Well, who cares, just lay off a bunch of people anyway! Because every quarter we need to make money than the prior quarter!
 
2012-10-23 05:31:38 PM  

Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.


Anything you can do to make a hot water heater last longer than a few years?
 
2012-10-23 06:18:33 PM  

JohnAnnArbor: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Anything you can do to make a hot water heater last longer than a few years?


Draining your water heater once, or twice a year is probably the easiest, and cheapest thing you can do.
Factory water heater drain valves are cheap, though. They may drip after even one use. They are easily replaced with a 3/4" pipe nipple and a regular garden hose spigot, if you have basic plumbing skills.
Installing a water softener will help, also.
 
2012-10-23 06:37:53 PM  

Mr. Potatoass: JohnAnnArbor: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Anything you can do to make a hot water heater last longer than a few years?

Draining your water heater once, or twice a year is probably the easiest, and cheapest thing you can do.
Factory water heater drain valves are cheap, though. They may drip after even one use. They are easily replaced with a 3/4" pipe nipple and a regular garden hose spigot, if you have basic plumbing skills.
Installing a water softener will help, also.


I should also add, before you drain your water heater, be sure to turn off the power on an electric water heater; turn off the gas on a gas water heater. Failure to do so will probably fark it up.
 
2012-10-23 06:44:02 PM  

Mr. Potatoass: Mr. Potatoass: JohnAnnArbor: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Anything you can do to make a hot water heater last longer than a few years?

Draining your water heater once, or twice a year is probably the easiest, and cheapest thing you can do.
Factory water heater drain valves are cheap, though. They may drip after even one use. They are easily replaced with a 3/4" pipe nipple and a regular garden hose spigot, if you have basic plumbing skills.
Installing a water softener will help, also.

I should also add, before you drain your water heater, be sure to turn off the power on an electric water heater; turn off the gas on a gas water heater. Failure to do so will probably fark it up.


Thanks. Interesting.
 
2012-10-23 07:53:19 PM  

Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.


Smartass here.
Why are you heating hot water?
 
2012-10-23 07:56:31 PM  

dryknife: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Smartass here.
Why are you heating hot water?


Drunkass here.
You are correct.
 
2012-10-23 08:42:56 PM  

dryknife: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Smartass here.
Why are you heating hot water?


i.imgur.com
 
2012-10-23 11:08:25 PM  

JohnAnnArbor: Anything you can do to make a hot water heater last longer than a few years?


http://www.waterheaterrescue.com/

Have a 16-year-old Rheem electric in my rental.
 
2012-10-23 11:09:48 PM  
Last week, I helped the landlord replace my water heater. It turns out that the heat pump is newer than the water heater and is bigger than the original heating unit. We had to go through the wall to get the old one out.
 
2012-10-23 11:13:10 PM  

Mr. Potatoass: Mr. Potatoass: JohnAnnArbor: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Anything you can do to make a hot water heater last longer than a few years?

Draining your water heater once, or twice a year is probably the easiest, and cheapest thing you can do.
Factory water heater drain valves are cheap, though. They may drip after even one use. They are easily replaced with a 3/4" pipe nipple and a regular garden hose spigot, if you have basic plumbing skills.
Installing a water softener will help, also.

I should also add, before you drain your water heater, be sure to turn off the power on an electric water heater; turn off the gas on a gas water heater. Failure to do so will probably fark it up.


Follow-up dumb question. Do you have to let it set for a day or so to cool off, or do you just dump scalding water to the floor drain?
 
2012-10-23 11:31:17 PM  

Mr. Potatoass: JohnAnnArbor: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Anything you can do to make a hot water heater last longer than a few years?

Draining your water heater once, or twice a year is probably the easiest, and cheapest thing you can do.
Factory water heater drain valves are cheap, though. They may drip after even one use. They are easily replaced with a 3/4" pipe nipple and a regular garden hose spigot, if you have basic plumbing skills.
Installing a water softener will help, also.


I always thought those drains were designed to clog with sediment by the time you have to replace the heater so you have to siphon the water through the top instead.
 
2012-10-24 12:08:07 AM  
All washed up?
 
2012-10-24 12:11:44 AM  

RogermcAllen: Mr. Potatoass: Mr. Potatoass: JohnAnnArbor: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Anything you can do to make a hot water heater last longer than a few years?

Draining your water heater once, or twice a year is probably the easiest, and cheapest thing you can do.
Factory water heater drain valves are cheap, though. They may drip after even one use. They are easily replaced with a 3/4" pipe nipple and a regular garden hose spigot, if you have basic plumbing skills.
Installing a water softener will help, also.

I should also add, before you drain your water heater, be sure to turn off the power on an electric water heater; turn off the gas on a gas water heater. Failure to do so will probably fark it up.

Follow-up dumb question. Do you have to let it set for a day or so to cool off, or do you just dump scalding water to the floor drain?


I drain ours to the street/driveway by hooking up an old garden hose. Hoses aren't designed for hot water, that's why I keep an old one around. If it fails, it fails.
 
2012-10-24 07:31:41 AM  
Funny how so many American Appliance companies all with trained MBA's are failing .

Must be all that role playing and hyper accounting taught in class.

Yet at the same time Korea is able to expand into the US market and sell LG at the local Home Depot.

Maybe we need to look at the compensation rates of American CEO's versus the Korean team.

It might serve American business to just let go of some of these super stars and get some utility players in the game.
 
2012-10-24 07:35:20 AM  

Dr.Mxyzptlk.: Funny how so many American Appliance companies all with trained MBA's are failing .

Must be all that role playing and hyper accounting taught in class.

Yet at the same time Korea is able to expand into the US market and sell LG at the local Home Depot.

Maybe we need to look at the compensation rates of American CEO's versus the Korean team.

It might serve American business to just let go of some of these super stars and get some utility players in the game.


Wait until you try to get parts for that LG appliance. Good luck if it is 7+ years old.
 
2012-10-24 08:21:35 AM  

Basily Gourt: Dr.Mxyzptlk.: Funny how so many American Appliance companies all with trained MBA's are failing .

Must be all that role playing and hyper accounting taught in class.

Yet at the same time Korea is able to expand into the US market and sell LG at the local Home Depot.

Maybe we need to look at the compensation rates of American CEO's versus the Korean team.

It might serve American business to just let go of some of these super stars and get some utility players in the game.

Wait until you try to get parts for that LG appliance. Good luck if it is 7+ years old.


Before they rebranded, LG was Goldstar. Ask an ex-Service Merchandiser how great they were.
 
2012-10-24 08:38:11 AM  

Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.


To be fair, Whirlpool licensed their brand name to whatever company makes them. But you're right, they are class-A garbage.

/former WP employee
 
2012-10-24 08:40:21 AM  
Seriously, are there appliance manufacturers who make things that last a long time? Even if it costs twice as much, quality is worth it.
 
2012-10-24 10:24:01 AM  
Eh....and nothing of value was lost.

/owns a Kenmore washer and dryer
 
2012-10-24 10:55:05 AM  

puffy999: Seriously, are there appliance manufacturers who make things that last a long time? Even if it costs twice as much, quality is worth it.


We just replaced our washer and dryer with ones made by Speed Queen; they're allegedly rock solid.
 
2012-10-24 11:17:38 AM  
Ah, my college employer. Probably lost a ton of profits from stolen drip bowls every time people's leases were up and they wanted to make sure they got their security deposit back.
 
2012-10-24 03:37:55 PM  

Hagbardr: Mr. Potatoass: JohnAnnArbor: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Anything you can do to make a hot water heater last longer than a few years?

Draining your water heater once, or twice a year is probably the easiest, and cheapest thing you can do.
Factory water heater drain valves are cheap, though. They may drip after even one use. They are easily replaced with a 3/4" pipe nipple and a regular garden hose spigot, if you have basic plumbing skills.
Installing a water softener will help, also.

I always thought those drains were designed to clog with sediment by the time you have to replace the heater so you have to siphon the water through the top instead.


Unless the sign that you need a new water heater is a few inches of water in the cellar.
 
2012-10-24 04:08:10 PM  

RogermcAllen: Mr. Potatoass: Mr. Potatoass: JohnAnnArbor: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Anything you can do to make a hot water heater last longer than a few years?

Draining your water heater once, or twice a year is probably the easiest, and cheapest thing you can do.
Factory water heater drain valves are cheap, though. They may drip after even one use. They are easily replaced with a 3/4" pipe nipple and a regular garden hose spigot, if you have basic plumbing skills.
Installing a water softener will help, also.

I should also add, before you drain your water heater, be sure to turn off the power on an electric water heater; turn off the gas on a gas water heater. Failure to do so will probably fark it up.

Follow-up dumb question. Do you have to let it set for a day or so to cool off, or do you just dump scalding water to the floor drain?



Let the hot water drain.
 
2012-10-24 05:41:20 PM  

wooden_badger: Hagbardr: Mr. Potatoass: JohnAnnArbor: Mr. Potatoass: Contractor here.
Never buy a Whirlpool hot water heater.

Anything you can do to make a hot water heater last longer than a few years?

Draining your water heater once, or twice a year is probably the easiest, and cheapest thing you can do.
Factory water heater drain valves are cheap, though. They may drip after even one use. They are easily replaced with a 3/4" pipe nipple and a regular garden hose spigot, if you have basic plumbing skills.
Installing a water softener will help, also.

I always thought those drains were designed to clog with sediment by the time you have to replace the heater so you have to siphon the water through the top instead.

Unless the sign that you need a new water heater is a few inches of water in the cellar.


One of the heater elements went. Landlord decided he wasn't going to put new parts in a 16 year old heater.
 
2012-10-24 08:23:36 PM  
what's that sucking sound??

As to water heaters, my on-demand gas water heater lasted over 20 years, I have a new on-demand water heater now...
 
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