testeronious@lemmy.world to Technology@lemmy.worldEnglish · edit-21 year agoBig Tech has already made enough money in 2024 to pay all its 2023 finesproton.meexternal-linkmessage-square13fedilinkarrow-up1567arrow-down136cross-posted to: technology@slrpnk.nettechnology@beehaw.orgprotonprivacy@lemmy.world
arrow-up1531arrow-down1external-linkBig Tech has already made enough money in 2024 to pay all its 2023 finesproton.metesteronious@lemmy.world to Technology@lemmy.worldEnglish · edit-21 year agomessage-square13fedilinkcross-posted to: technology@slrpnk.nettechnology@beehaw.orgprotonprivacy@lemmy.world
minus-squareAnon819450514@lemmy.calinkfedilinkEnglisharrow-up7arrow-down4·1 year agoHave you seen the margin? You don’t know what you’re talking about.
minus-squarefarcaster@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down1·edit-21 year agoNot OP but just letting people know this kind of data is easily available for public companies: https://www.macrotrends.net/stocks/charts/AMZN/amazon/operating-margin Less than 5% is definitely considered low-margin. Apple manages >40% by comparison. Although Amazon’s half a trillion dollars of revenue still turns that into a big pile of cash of course.
Have you seen the margin? You don’t know what you’re talking about.
Not OP but just letting people know this kind of data is easily available for public companies: https://www.macrotrends.net/stocks/charts/AMZN/amazon/operating-margin
Less than 5% is definitely considered low-margin. Apple manages >40% by comparison. Although Amazon’s half a trillion dollars of revenue still turns that into a big pile of cash of course.