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A hypothetical margin based on “expert” testimony paid for by one of the parties, and only applying to one portion of the business. It also fails entirely to a
by olliej 6y ago
A hypothetical margin based on “expert” testimony paid for by one of the parties, and only applying to one portion of the business.
It also fails entirely to account for capital expenditure, because that doesn’t get reflected in margins.
Seriously, look at how much capital expenditure is involved in the big data centers made by any of the FAANG companies, and realize that those aren’t reflected in margins.
Profit that isn’t distributed to outside entities is what allows corporations to buy manufacturing capacity in advance.
Distributing all profit to workers means a company doesn’t get to have savings for hard times, doesn’t get to make investments in new technology, build giant round spaceship buildings, etc