Re:Google Trusted Contacts
by lmm on Tuesday December 06, 2016 @08:24AM
(#13114379)
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.
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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