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by davidu
3068 days ago
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"Ramen Profitable" ≠ Profitable for most public companies, and even if they did, would be immaterial. I'm sure most of the 30% referenced above are barely profitable. At Cisco, I operate at a roughly 20% profit margin on a roughly $50,000,000,000 annual business. Most acquisitions are immaterial from a profitability standpoint. |
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