Founder Friendly

Re:Founder Friendly by logicallee on Monday August 14, 2017 @05:54AM (#15007552)

I'm shocked you consider a tiny little $0.8t company like Apple to be a "huge moneymaker". Last year alone, which "hasn't been kind", just the top 25 oil companies made $2.6t in revenue¹: so what you call 19 days of revenue they made every 36 hours; in the year they made enough to buy Apple at its current market cap with its staggeringly high P/E multiple of 17.91, in its entirety 3.2 times. Just because everyone talks about them doesn't make Apple a moneymaker. Get some perspective. /s

Seriously though, I think you're being totally unreasonable. :) $11 billion is huge revenue for movies. That's not chump change.

¹ https://www.forbes.com/sites/laurengensler/2016/05/26/global...

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Re:Founder Friendly by evgen on Monday August 14, 2017 @06:25AM (#15007657)

If we get to lump all of big oil into one pool do we do the same for all of tech? The largest oil company, ExxonMobile, had only $3.5b more in revenue last year than Apple. Then again, you don't get to buy things with revenue, you need profit to pay for expensive baubles. Apple made as much profit in their "weak" (Q3) quarter of 2016 as Exxon made all year.

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Re:Founder Friendly by chrisco255 on Tuesday August 15, 2017 @06:32AM (#15016943)

Don't you think you're comparing Apples to Exxons?

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Re:Founder Friendly by ckastner on Monday August 14, 2017 @07:35AM (#15007939)

The point was that popularity can be a misleading metric.

Twitter might be ubiquitous (a household name, as you said), but just like Iron Man, its popularity is not proportional to its financial success.

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Re:Founder Friendly by logicallee on Monday August 14, 2017 @08:04AM (#15008053)

Fair enough.

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