• EdibleFriend@lemmy.world
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    11 months ago

    Seriously someone smarter then me do the fucking math. How many minutes of profit is that for them?

    • NegativeLookBehind@kbin.social
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      11 months ago

      Conservatively:

      Amazon makes approximately 800k per minute, so in about 45 minutes they’ve recouped their money. Make it one hour just to cover all other costs, lawyers, etc involved in this.

    • Omnificer@lemmy.world
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      11 months ago

      They reported 9.9 billion in profit for their third quarter last year, so I think 458 minutes of profit from that quarter.

      I assumed 90 days in the quarter, or 129,600 minutes.

      So dollar or minute wise, that comes out to a 00.35% penalty to that quarter.

      Edit: Which isn’t even close to the 36 minutes in that article, so I’d err on me being the wrong one.

      Edit 2: I think I see the difference, I was looking at their profit, not their revenue.

      • Serinus@lemmy.world
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        11 months ago

        Your calculations look right to me. That’s a little under eight hours of profit.

      • Appoxo@lemmy.dbzer0.com
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        11 months ago

        We need percentage based fees…
        Make it a 10% of the quartely gross or something depending on the severity.