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How does this compare to the amount of money each of Google, Microsoft, Facebook and Apple burn every hour? Just the salaries alone must be phenomenal. What's
by pan69 9y ago
How does this compare to the amount of money each of Google, Microsoft, Facebook and Apple burn every hour? Just the salaries alone must be phenomenal.
What's the news here?
- dragontamer 9y ago> How does this compare to the amount of money each of Google, Microsoft, Facebook and Apple burn every hour? Microsoft, Google, Facebook, and Apple MAKE money. By the measurements of this article, Microsoft would have made $3-million per hour, every hour the last quarter. Tesla is losing money, every quarter with exception of 2016 Q3. https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ihSotBPE7Cv0/v1/-1x-1.png https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ihSotBPE7Cv...
- prklmn 9y agoThe difference is that the companies you listed have very high free cash flow. Tesla on the other hand is free cash flow negative. https://www.investopedia.com/terms/f/freecashflow.asp https://www.investopedia.com/terms/f/freecashflow.asp
- thisisit 9y agoYou do understand burning is not same as spending? Burning means they are in negative after everything has been considered. So, Google et al. might be spending on salaries but net positive when considered profits ie not burning money.