Comment on Big Tech has already made enough money in 2024 to pay all its 2023 fines | Proton
Anon819450514@lemmy.ca 5 months agoHave you seen the margin? You don’t know what you’re talking about.
Comment on Big Tech has already made enough money in 2024 to pay all its 2023 fines | Proton
Anon819450514@lemmy.ca 5 months agoHave you seen the margin? You don’t know what you’re talking about.
farcaster@lemmy.world 5 months ago
Not OP but this kind of data is easily available for public companies: www.macrotrends.net/stocks/…/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.