Comment on Amazon is forcibly upgrading Prime members to Alexa Plus, and users are not happy
halcyoncmdr@lemmy.world 10 hours agoLarge Shareholders some care about how the line goes up, just that it does. Constantly. Every quarter.
Comment on Amazon is forcibly upgrading Prime members to Alexa Plus, and users are not happy
halcyoncmdr@lemmy.world 10 hours agoLarge Shareholders some care about how the line goes up, just that it does. Constantly. Every quarter.
null@piefed.nullspace.lol 10 hours ago
Then they wouldn’t even be the people getting told this information about subscription numbers, so I’m still not sure how it’s supposed to work
halcyoncmdr@lemmy.world 8 hours ago
Subscription info is definitely part of the information provided to investors. The raw numbers may not be in the financial documents, but revenue from subscriptions most definitely is and will give a general idea of changes even if the company doesn’t give the numbers directly.
null@piefed.nullspace.lol 8 hours ago
Right, but again, if they’re that birds-eye-view, then the bump in subs in one spot is negated by the drop in the other and the net result they’re looking at is what they care about.
halcyoncmdr@lemmy.world 7 hours ago
Shareholders are dumb panicky creatures. As long as the numbers aren’t terrible and you say some nice things most of them take it as gospel.
Spinning shit as a positive is a full time career in the corporate world after all.