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Comcast profit margin is 12%: https://ycharts.com/companies/CMCSA/profit_margin https://ycharts.com/companies/CMCSA/profit_margin That's on the high side, usual
by smsm42 9y ago
Comcast profit margin is 12%: https://ycharts.com/companies/CMCSA/profit_margin https://ycharts.com/companies/CMCSA/profit_margin
That's on the high side, usually it's around 10%. For comparison, profit margins for Internet/IT companies are around 25%, Google's 24%. Facebook's a whopping 45%. Microsoft's a remarkable 26%.
Is 12% "insane"? Which one would be the "sane" one?
- harikb 9y agoFor a company not having any R&D cost, granted monopoly/duopoly via lobbying, yes 12% may be insane.
- smsm42 9y agoWhy do you think they don't have any R&D cost? They just launched a mobile network, you don't think that involved at least some R&D investment? How much would be sane in your opinion? 1%? No profit at all?