Re:CEOs are hugely expensive – why not automate them?
by incrudible on Monday April 26, 2021 @01:40PM
(#26945437)
You're looking at gross profit, but you really need to look at net income, which averages about $13B.
Companies like Wal-Mart generally have low profit margins, because there's not much of a barrier of entry and no valuable brand or intellectual property.
Companies like Wal-Mart generally have low profit margins, because there's not much of a barrier of entry and no valuable brand or intellectual property.