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by margalabargala 36 days ago
Accuracy is important. Thank you for the correction.

$12B profit is obscenely large.

1 comments

Is it? What is the reason to assume an arbitrary number of a currency is "obscene", without taking into account changes in purchasing power of the currency, number of employees, number of customers, amount of expenses, volatility of the business, time horizon of investment, and myriad other factors?
The size of it concentrated in one place.
What does one place mean? Disney sells access to media and entertainment all over the world, to billions of people.

Regardless, a single metric is almost never sufficient to provide a well rounded analysis of anything.

I suspect you'll be able to figure it out if you thunk for a moment! When we're talking about the profits of one corporation, what do you think it might mean when someone says the profits go to "one place"?

I know it can be confusing that many places exist and that the corporation has multiple customers.