We launched an app with $500k annual revenue, and then Apple copied it

Re:We launched an app with $500k annual revenue, and then Ap... by smiths1999 on Monday June 17, 2019 @04:35PM (#20207064)

Yes - the comment you are replying to is making the point that revenue may be $500,000 (extrapolated) but if server costs are $1,000,000 then the app is losing money, not making money.

I see this trend quite frequently, only mentioning revenue but leaving out costs.

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Re:We launched an app with $500k annual revenue, and then Ap... by busymom0 on Monday June 17, 2019 @04:38PM (#20207107)

Yep. One thing which I have learnt from watching Shark Tank is that many companies would come with crazy valuations because they make millions in revenue. Only once questioned by the sharks would they disclose the much bigger operating costs and were severely bleeding money instead of profits.

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Re:We launched an app with $500k annual revenue, and then Ap... by superfrank on Monday June 17, 2019 @04:45PM (#20207185)

To put it succinctly, "Revenue is vanity, profit is sanity".

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Re:We launched an app with $500k annual revenue, and then Ap... by shripadk on Monday June 17, 2019 @04:52PM (#20207253)

Yep! Not to take away from what you said (which is absolutely true) the author does mention hitting profitability (assuming it is in 2018).

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