Re:Google Trusted Contacts
by realityking on Tuesday December 06, 2016 @08:02AM
(#13114254)
Enough competitors loose money on smartphones that the total profit was negative but Apple made a nice dime.
Imagine the profit of the phone industry as a whole was $100 and the profit of Apple's phone division (with 12% of the market share) was $103. So the rest of the industry (considered as a single whole, which of course it isn't) must have lost $3.
I mean... does that mean that Facebook is making 100.000% of profits because Twitter is losing money?
How is that kind of mangling of numbers useful except for stroking Apple fans?
...
Even though, on second thought, we should start putting "Making 1400% of profit!" on our marketing materials as well. Has a pop to it :)
There's no mangling that I can see? Take your profit number. Take the profit number for the industry as a whole (there's an opportunity for gerrymandering here, but phone sales are a pretty natural category). Divide a by b.
https://www.khanacademy.org/math/pre-algebra/pre-algebra-rat...
Percentages are ratios. when you are over a 1:1 ratio (AKA 100%) and then is over 1:1.5 or 1:1.03
Profit Apple = $1,000,000,000
Net loss Android = -$3,000,000
> What kind of maths is this?
SORRY - Above 4th Grade Math
Sorry Snarky and not trying to be a jerk but TRYING to just make a funny commentary on society. I can't tell you how frustrating it is to sit in a room of very intelligent people and they have no math skills!!!! How is it acceptable to say "I'm not good in math."
What kind of maths is this? O.o