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They spent like 6 billion on acquisitions that don't help make their core product better. Literally just don't do that and you'd be in the green right now.
by alexvitkov 3y ago
They spent like 6 billion on acquisitions that don't help make their core product better. Literally just don't do that and you'd be in the green right now.
- nylonstrung 3y agoThis isn't quite true as those acquisitions are paid for by stock and debt to a large extent It's not like they bought these with a pile of $6B cash they had lying around
- hyperhopper 3y ago> stock and debt Yes, and now they are burning tons of money due to that debt and having to make ridiculous decisions to appease the stockholders. You just stated the exact reason this whole thing is a problem.