Hacker News new | ask | show | jobs
by morgante 4412 days ago
Don't buy into the cable PR. They have incredibly high margins and could easily make upgrades without further gouging customers.
1 comments
rgbrenner 4412 days ago
"incredibly high"? Comcast and Time Warner have profit margins of 8-10%. For comparison, Target has a profit margin of 3%, and Google's is 21%.

Sounds more mid-range to me.

As for your second point, that they could easily make upgrade without additional charges.. have any numbers backing that up? The last mile is expensive.

link
marcosdumay 4412 days ago
It's not the last mile that needs to be upgraded.
link