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The numbers provided by Yahoo are in kilo-dollars, so its actually $631 million (and 5000 Bay Area engineers) rather than $631 thousand. Yes, the margins are l
by srdev 12y ago
The numbers provided by Yahoo are in kilo-dollars, so its actually $631 million (and 5000 Bay Area engineers) rather than $631 thousand. Yes, the margins are low, which may be an argument that they are overvalued, but in absolute terms they are profitable.
- pdq 12y agoThanks, fixed. 0.3% is hardly a profit. Anyone can make more money holding CD's.
- srdev 12y agoWell now we're just quibbling over the semantics of what constitute "real" profit. It probably would be better to just argue that the profits that they do have do not constitute a good investment, which is a valid point of view.
- jamesaguilar 12y agoThat's not how profit margins work. Their revenue is not capital, and the net is not an interest they could potentially earn on revenue. You're thinking of something more like a cap ratio here. The numerator is profit but the denominator is capital invested, not revenue.