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Look at the margins when comparing Google vs. oil companies. That paints an entirely different picture.
by rafaelc 15y ago
Look at the margins when comparing Google vs. oil companies. That paints an entirely different picture.
- yaakov34 15y agoThe picture I was looking at is weight in the economy. We - I guess I am making some assumptions about the audience here - sometimes get so caught up in the kinds of things that are important to us, that we forget that this is not the whole world. I mean, Google+ vs. Facebook is fascinating, but this is probably not the most momentous conflict that history will record for the early 21st century. And speaking of profit, apparently Exxon made $11 billion last quarter - more than the revenue number we're talking about here. Yeah, the margin is lower, but...
- tomjen3 15y agoIf the margin is lower, then you get more for investing money in Google. Margins matter.