Re:Amazon is reportedly negotiating to acquire MGM for about...
by treis on Wednesday May 19, 2021 @01:00PM
(#27211366)
Making money is when your revenues are higher than your costs.
Re:Amazon is reportedly negotiating to acquire MGM for about...
by CyberDildonics on Wednesday May 19, 2021 @02:27PM
(#27212485)
Do you think that only companies that pay dividends are "making money"? What about stock buybacks?
Netflix's stock price is 480x what it was 20 years ago. It has a market cap of 280 Billion dollars.
Are you one of the people that said "amazon doesn't make money" because they used their revenue to expand for multiple decades?
Netflix has over 208 Million subscribers each paying a monthly fee. They are taking in multiple BILLIONS every month in revenue.
They are also in complete control of their expenditures. They don't rely on commodities or regulations. If that isn't making money then I don't know what is.