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@[email protected] to [email protected]English •
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1 year ago

Big Tech has already made enough money in 2024 to pay all its 2023 fines

proton.me

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Big Tech has already made enough money in 2024 to pay all its 2023 fines

proton.me

@[email protected] to [email protected]English •
edit-2
1 year ago
message-square
13
fedilink
  • cross-posted to:
  • [email protected]
  • [email protected]
  • [email protected]
  • [email protected]
Big Tech has already made enough money in 2024 to pay all its 2023 fines | Proton
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Big Tech (Alphabet, Amazon, Apple, Meta, and Microsoft)'s annual revenue dwarfs total fines. The cost for privacy is insignificant to them.
  • 🐑🇸 🇭 🇪 🇪 🇵 🇱 🇪🐑
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    4•1 year ago

    deleted by creator

    • @[email protected]
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      7•1 year ago

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

      • @[email protected]
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        7•
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        1 year 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.

    • kirklennon
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      6•1 year ago

      Amazon doesn’t even pay a dividend. Do you think suppliers are just gifting their products to Amazon? Amazon is a pretty low-margin company on the whole.

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