Re:Apple invests $1B in Chinese ride-hailing service Didi Ch...
by dreamsofdragons on Thursday May 12, 2016 @11:41PM
(#11688480)
I'd certainly consider it a small chunk. Based on 2015 revenue, and my 2015 income, Apple spending $1B is the equivalent of me buying a MacBook. The cheapest one.
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Re:Apple invests $1B in Chinese ride-hailing service Didi Ch...
by kayoone on Friday May 13, 2016 @03:37AM
(#11689142)
At 234B apples 2015 revenue is 234x this investment. The cheapest macbbok air is 899 which would put your income at 210k !? not bad, who do you work for ? :)
Re:Apple invests $1B in Chinese ride-hailing service Didi Ch...
by consz on Friday May 13, 2016 @01:16AM
(#11688769)
Why would you compare revenue to income?
Re:Apple invests $1B in Chinese ride-hailing service Didi Ch...
by mikeash on Friday May 13, 2016 @09:53AM
(#11690401)
Revenue is the money that comes in, ignoring expenses. Income is the money that comes in, ignoring expenses. They are exactly equivalent.
Re:Apple invests $1B in Chinese ride-hailing service Didi Ch...
by lotsofpulp on Friday May 13, 2016 @10:57AM
(#11690747)
In the context of discussing a company's finances, income is usually short for net income, which is also known as earnings or profit, or revenue minus expenses.
Re:Apple invests $1B in Chinese ride-hailing service Didi Ch...
by mikeash on Friday May 13, 2016 @11:01AM
(#11690763)
In this case, they're comparing a company's revenue to a person's income, so "income" as applies to a company's finances is irrelevant.
Re:Apple invests $1B in Chinese ride-hailing service Didi Ch...
by deadbeef404 on Friday May 13, 2016 @02:31AM
(#11688950)
What would be a better comparison?
Re:Apple invests $1B in Chinese ride-hailing service Didi Ch...
by dreamsofdragons on Friday May 13, 2016 @02:08AM
(#11688894)
Why wouldn't you?