Number1SummerJam@lemmy.world to Technology@lemmy.worldEnglish · 11 months agoStreaming giants have banded together for lobbying powerwww.theverge.comexternal-linkmessage-square192fedilinkarrow-up1935arrow-down111cross-posted to: brainworms@lemm.ee
arrow-up1924arrow-down1external-linkStreaming giants have banded together for lobbying powerwww.theverge.comNumber1SummerJam@lemmy.world to Technology@lemmy.worldEnglish · 11 months agomessage-square192fedilinkcross-posted to: brainworms@lemm.ee
minus-squarerebul@kbin.sociallinkfedilinkarrow-up11arrow-down6·11 months agoTo be clear, revenue does not equal profit.
minus-squarestonedemoman@lemmy.worldlinkfedilinkEnglisharrow-up13arrow-down4·edit-211 months 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