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Comparing a fine with market cap doesn't make a lot of sense. More logical is to compare it to their yearly profit. Net income was $74B last year. So the fine
by crazygringo 2y ago
Comparing a fine with market cap doesn't make a lot of sense.
More logical is to compare it to their yearly profit. Net income was $74B last year.
So the fine is ~0.2% of that, which is pretty significant for something as tiny as having two pop-up messages rather than a single combined one.
And for a regular person making $50K/yr, it would equate to a $100 fine. Not fifteen cents.
- epolanski 2y agoNo, you'd need to first take the expenses out of the person's salary. Assuming the person needs 35k to live it's a 30$ one.
- crazygringo 2y agoGood point! I've never seen it compared that way before but I like it.