Re:SiriusXM buys Pandora for $3.5 billion
by traek on Monday September 24, 2018 @09:45PM
(#18062929)
> As an aside: it was interesting when the stock cratered last year to the point where the market cap of the company was lower than its annual revenue -- all the revenue in the world doesn't make up for negative margins.
Yup, revenue doesn’t really mean anything; Walmart’s market cap is less than their 2017 revenue.
Re:SiriusXM buys Pandora for $3.5 billion
by mcny on Tuesday September 25, 2018 @08:26AM
(#18065706)
People always yell at me when I say this but what if we lower corporate tax rate and tax revenue instead of profits? Does it encourage companies to get even bigger and do everything in house?
Yup, revenue doesn’t really mean anything; Walmart’s market cap is less than their 2017 revenue.