Number1SummerJam@lemmy.world to Technology@lemmy.worldEnglish · 1 year agoStreaming giants have banded together for lobbying powerwww.theverge.comexternal-linkmessage-square188fedilinkarrow-up1941arrow-down111
arrow-up1930arrow-down1external-linkStreaming giants have banded together for lobbying powerwww.theverge.comNumber1SummerJam@lemmy.world to Technology@lemmy.worldEnglish · 1 year agomessage-square188fedilink
minus-squarerebul@kbin.sociallinkfedilinkarrow-up11arrow-down6·1 year agoTo be clear, revenue does not equal profit.
minus-squarestonedemoman@lemmy.worldlinkfedilinkEnglisharrow-up13arrow-down4·edit-21 year agoNet income doesn’t equal profitability either. Companies scale their costs, including stock buybacks, based on revenue. https://ycharts.com/companies/NFLX/stock_buyback
To be clear, revenue does not equal profit.
Net income doesn’t equal profitability either. Companies scale their costs, including stock buybacks, based on revenue. https://ycharts.com/companies/NFLX/stock_buyback