turtlesdown11

7 ms·

31.
by turtlesdown11 4mo ago
Again, it's not a fact at all. Spend a few minutes doing basic research. All of this tech is cheaper today than it was in the 80s or 90s, cell phones in the 80s and 90s were thousands of dollars, internet was expensive, as were other e
32.
by turtlesdown11 4mo ago
its honestly only palatable with dozens of mods, which is disqualifying to me
33.
by turtlesdown11 4mo ago
Won't be true this year, and was only true last year if you include intracompany sales for Tesla.
34.
by turtlesdown11 4mo ago
The car part of Volvo is owned by Geely, Volvo AB makes trucks, buses, etc. https://en.wikipedia.org/wiki/Volvo
35.
by turtlesdown11 4mo ago
> I saw a figure recently that the US issued an all-time-high 800,000 TN visas to Canadians in 2016. And then in 2023 it surged to nearly 1.3 million. This citation is an order of magnitude off. The US doesn't really track/rele
36.
by turtlesdown11 4mo ago
Ferrari's sold through 2024 ~300,000 Cybertrucks sold (including to themselves) - ~70,000 So no, Tesla has not sold more cybertrashbins than Ferrari has total vehicle sales https://en.wikipedia.org/wiki/Ferrari#Sal
37.
by turtlesdown11 4mo ago
They offer (still I assume) a ten year warranty in the States. They offer such a long warranty because the perceived reliability of their vehicles is so low.
38.
by turtlesdown11 4mo ago
> It... literally is? It.... literally isn't? the cost of computers are lower today (in today's dollars) than they were in the 1980s and 1990s? https://www.chicagotribune.com/2021/09/20/cost-of-a
39.
by turtlesdown11 4mo ago
right, its the phones and computers driving the high cost of raising a human being for 18 years + /s
40.
by turtlesdown11 4mo ago
which has nothing to do with your (wild) statements about how Ferrari is stagnant and desperate to boost sales...
41.
by turtlesdown11 4mo ago
> The Ferrari brand is rather stagnant and not innovative. They need to do something like this to drive more attention and sales. Wild assertion. Ferrari is currently #8 largest market cap for a car manufacturer. They're valued abov
42.
by turtlesdown11 5mo ago
trying to monetize the botnets
43.
by turtlesdown11 5mo ago
The Dunning Kruger effect is very, very strong on HN. Also, many folks believe they are an expert in their own domain, so they must be an expert in all...you can see the Nobel disease play out in the minor leagues here.
44.
by turtlesdown11 5mo ago
> particularly in cases like this where the acts in question weren't necessarily a single event but progressive activity is the kind of question which is the bread and butter of an appeals court. No, findings of disputed fact - lik
45.
by turtlesdown11 5mo ago
There is clear empirical data https://futurism.com/elon-musk-most-hated-person-america-gal... > And the latest poll conducted by Gallup seems to confirm that Musk has become genuinely hated: a whopping 61 percent of 1,00
46.
by turtlesdown11 5mo ago
> Back when Musk proposed buying Twitter, the site already was in the gutters I think you'd be hard pressed to find a single serious person who'd say Twitter is a better product/experience today than prior to the acquisiti
47.
by turtlesdown11 5mo ago
Lots of quotes from Mark Zuckerberg, not a lot of Zuckerberg quotes on the $80b invested in the metaverse
48.
by turtlesdown11 5mo ago
Here in 2026, Gamestop has closed more than 4,000 stores and only has about 2,000 stores open. The people have voted with their feet, despite anecdata
49.
by turtlesdown11 5mo ago
I hope this happens bc they can't even get financing so it would prolong the hilaritiy
50.
by turtlesdown11 5mo ago
very impressive spokesman for the business and transaction > it's on our website https://www.youtube.com/watch?v=Bmj2PaxX24E
51.
by turtlesdown11 5mo ago
TD bank is never going to give $20b for this transaction, they spelled it out quite clearly in their HC letter. It was a publicity stunt by GME.
52.
by turtlesdown11 5mo ago
> They have leaned hard into collectables as a way to expand their business and retail model This is a market that is a fraction of the size of the game market, their pivot is into a smaller business?
53.
by turtlesdown11 5mo ago
> Is Ebay really THAT badly run that they can find such efficiencies? Well, we should point out that Gamestop hasn't grown their own business - they've lost 50% of revenue since 2020. Why would anyone trust that management to &
54.
by turtlesdown11 5mo ago
> A strong cash position business like that is effectively a finance sort of business You are conflating companies that make a lot of cash (and therefore can afford debt service) to a company that has limited cash flow, but has a large p
55.
by turtlesdown11 5mo ago
> Declining revenue does not matter When the revenue goes to zero, how much of that pie will be profit? The industry they're in is dying quite quickly, and there are no other revenue centers. The high margin business they had was re
56.
by turtlesdown11 5mo ago
>Not growing revenue Not growing revenue would be one thing, they're shedding revenue at pace - 50% decline since 2020. > Shareholders seem to agree First, it's a meme stock. The market can remain irrational for long periods
57.
by turtlesdown11 5mo ago
Their margin was highest on used physical media, which continues to plummet. Physical sales are down from $13b in 2015 to $1.5b in 2025, while total sales of physical + digital went from $23.5b in 2015 to $60b in 2025. Physical media is a t
58.
by turtlesdown11 5mo ago
Total revenue has declined for several years, -27% in 2024, -11% in 2023 (2023 rev was $5.9b, to $3.6b in 2025, this is a shrinking business).
59.
by turtlesdown11 5mo ago
Operating income was $232.1 million, not $285.9 million. https://investor.gamestop.com/news-releases/news-details/202... That total revenue also declined 5% YoY
60.
by turtlesdown11 5mo ago
> GameStop already has this network of pawn shops, and those stores are doing enough business to justify their existence Gamestop closed 2,400 stores from 2020 to present, and operates just 2,200 stores currently. They'll continue t

More ›