Re:Samsung expected to report 80% profit plunge as losses mo...
by 0cf8612b2e1e on Tuesday October 10, 2023 @10:45AM
(#37832762)
That’s amusing. Although, Monster had explosive growth in its first few years (starting from nothing). Do it over 17 years and NVidia wins.
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Re:Samsung expected to report 80% profit plunge as losses mo...
by boringg on Tuesday October 10, 2023 @11:16AM
(#37833156)
That and construction slowing down. I see a lot of construction guys downing Monster energy drinks. TBH I'm always a little surprised -- but it does give you energy when you need it.
Re:Samsung expected to report 80% profit plunge as losses mo...
by ComputerGuru on Tuesday October 10, 2023 @12:02PM
(#37833904)
Aside from the caffeine boost the bigger issue is just that They burn through calories.
Re:Samsung expected to report 80% profit plunge as losses mo...
by eigenvalue on Tuesday October 10, 2023 @12:07PM
(#37833975)
Monster is a classic "capital lite" business model with a large and growing addressable market, and management has been extremely successful reinvesting the substantial free cash flow generated by the business into organic growth and acquisitions. There are really only a handful of businesses of that calibur in the entire public market. Of course, people have realized all of this by this point, so Monster stock trades a large multiple of earnings (nearly 40x), while prospective growth will never match what they did historically from inception, otherwise they'd end up the largest company in the world after not too long!
Re:Samsung expected to report 80% profit plunge as losses mo...
by joecool1029 on Tuesday October 10, 2023 @02:30PM
(#37835670)
I mean, look at private ones like AriZona iced tea that still sells cans for $0.99 and the owners are multi-billionaires.
Re:Samsung expected to report 80% profit plunge as losses mo...
by DaveExeter on Tuesday October 10, 2023 @08:56PM
(#37839727)
What do think the manufacturing cost for a can of it is? Maybe ten cents?
It's a high-margin business!