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by rmah 1848 days ago
Microsoft did not even make that much revenue in the 2020 fiscal year. Total global revenues were $143B and total global net income (aka profit) was $44. It was the a very good year for Microsoft. But £220B (apx $310B) in profits is laughable.

The reporters might have been looking at the "total assets" line of MSFT's financials, which was $301B at the end of FY2020. But you don't pay tax on total assets. Just speculation on my part.

These reporters can't even check basic facts.

2 comments

The Guardian is an English newspaper with a political agenda on the left side of the spectrum. So articles like this serve to support a narrative its readers feel comfortable with. Similar to Fox News.
Getting things right won't get them the outrage and in turn the clicks.

They know what they're doing