Google Cuts Jobs in Engineering and Other Divisions

Re:Google Cuts Jobs in Engineering and Other Divisions by hajile on Thursday January 11, 2024 @05:08PM (#38960022)

Is it predatory?

Apple must turn a profit somewhere and charging a bit more to their high-end customers to give a bit more of a break to their low-end customers isn't a terrible method.

If you hate Apple's pricing, you have WAY more companies to hate on first.

Apple has a gross margin of 44%.

Amazon has gross margin of 46%

AMD has a gross margin of 47%

IBM has a gross margin of 54%.

Microsoft has a gross margin of 71%.

Oracle has a gross margin of 72%

Nvidia has a gross margin of 74%.

Meta has a gross margin of 78%

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Re:Google Cuts Jobs in Engineering and Other Divisions by pasttense01 on Thursday January 11, 2024 @08:01PM (#38962093)

"Amazon has gross margin of 46%"

Reference please? Amazon has massive retail sales and it's not even making a profit on this much of the time--and the rest of the time it's low.

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Re:Google Cuts Jobs in Engineering and Other Divisions by hajile on Friday January 12, 2024 @09:35AM (#38968421)

I just considered the top Google hits for some big tech companies.

This particular one is from this site.

https://finbox.com/NASDAQGS:AMZN/explorer/gp_margin/

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Re:Google Cuts Jobs in Engineering and Other Divisions by DonnyV on Friday January 12, 2024 @08:57AM (#38967966)

You need to add references for all these numbers. I find it hard to believe Microsoft has a gross margin of 71%.

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Re:Google Cuts Jobs in Engineering and Other Divisions by hajile on Friday January 12, 2024 @09:33AM (#38968396)

I literally just looked at the Google default results. In this case, here's your source.

Those margins plus the AI bubble are why MS stock prices are so high.

https://ycharts.com/companies/MSFT/gross_profit_margin

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Re:Google Cuts Jobs in Engineering and Other Divisions by abattleofwords on Saturday January 13, 2024 @02:36PM (#38983675)

This is misleading. Gross margin excludes operating expenses and taxes. Net margin or operating margin is more meaningful. Here's now the operating margins stack up for Q3 2023

Nvidia 57.5% https://www.nasdaq.com/market-activity/stocks/nvda/financial...

Microsoft 47.6% https://www.nasdaq.com/market-activity/stocks/msft/financial...

Meta 40.2% https://www.nasdaq.com/market-activity/stocks/meta/financial...

Apple 30.1% https://www.nasdaq.com/market-activity/stocks/aapl/financial...

Google 27.8% https://www.nasdaq.com/market-activity/stocks/goog/financial...

IBM 14% https://www.nasdaq.com/market-activity/stocks/ibm/financials

Amazon 7.8% https://www.nasdaq.com/market-activity/stocks/amzn/financial...

AMD 3.8% https://www.nasdaq.com/market-activity/stocks/amd/financials

Apple is still extremely profitable for a company that primarily makes and sells hardware. Nvidia has a higher margin but that's because of the AI boom.

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