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Moar blood?
Is this a lot or not enough in capitalism?
What is this “enough” you speak of? -shareholders, probably
Up over 7% after hours (on near 2x expected EPS). For a business that big, it’s enough. Of course that could change next quarter. The mythical “investor” is capricious in the extreme.
We could look at historical values and predictions, but I actually love the “is it enough” question from a philosophical or first principles perspective.
Just one quarter of one year
That’s not that much… they could only give like 109.000 people a million dollars. Be realistic…
Costco makes as much in revenue and uses it to pay millions of employees worldwide and it has a profit of less than 3%
Revenue ≠ Profit.
Not the point
It is when your expenditure is $185B. The 109,000 people will not have $1M, but a sizeable chunk of that will be employee costs. E.g. my last company had just 16,000 headcount but did about $1.2B in employment costs annually.
“Core identity” is the kind of phrase Samsung uses when they need to rebrand a decision that was probably made in a board meeting and tested on three people. Vertical camera arrangements worked fine before Samsung decided they needed to be a signature feature. This reads like design instability dressed up as intention.
Wrong thread?
It’s a bot. Clearly got their code wrong on this one.
