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mricketson
searching PlanetScale…
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by
mricketson
8y ago
Google doesn’t pay Apple out of thin air for no reason – it pays because of the popularity and market power of the platform, which only comes from significant, sustained investment by Apple. It’s not separable from the rest of the balance s
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by
mricketson
8y ago
Isn’t this kind of a hyperbolic comparison? This is revenue, and should be compared to total revenue, not profit. By this measure, if two people pay me $1, and I have $1 in costs, then both people are responsible for 100% of my $1 profi