this post was submitted on 08 Jan 2024
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534
Big Tech has already made enough money in 2024 to pay all its 2023 fines (proton.me)
submitted 10 months ago* (last edited 10 months ago) by [email protected] to c/[email protected]
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[โ€“] [email protected] 3 points 10 months ago (1 children)

Have you seen the margin? You don't know what you're talking about.

[โ€“] [email protected] 6 points 10 months ago* (last edited 10 months ago)

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.