Aquafina labels to spell out source – tap water

Reuters via Yahoo is reporting that Aquafina will start disclosing that Aquafina is nothing more than tap water from a public water source. Aquafina is owned by Pepsi.

It has always baffled me how something that is FREE in most American homes can be part of a $15 billion industry.

But here’s the real funny part

“Pepsi and Coke do not make a lot of profit” on bottled water, said Kolpak, a financial analyst

.

It water that they grab from a tap ! How could they NOT be making a lot of profit ? Fill bottle with free water, charge $2. Seems like a profit to me.

Remind me to never hire Dave Kolpak as my portfolio manager.

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