testeronious@lemmy.world to Technology@lemmy.worldEnglish · edit-211 months agoBig Tech has already made enough money in 2024 to pay all its 2023 finesproton.meexternal-linkmessage-square13fedilinkarrow-up1569arrow-down136cross-posted to: [email protected][email protected][email protected][email protected][email protected][email protected][email protected]
arrow-up1533arrow-down1external-linkBig Tech has already made enough money in 2024 to pay all its 2023 finesproton.metesteronious@lemmy.world to Technology@lemmy.worldEnglish · edit-211 months agomessage-square13fedilinkcross-posted to: [email protected][email protected][email protected][email protected][email protected][email protected][email protected]
minus-squarefarcaster@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down1·edit-211 months 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.
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.