this post was submitted on 23 Jan 2024
522 points (99.6% liked)
Technology
59374 readers
2960 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Seriously someone smarter then me do the fucking math. How many minutes of profit is that for them?
Conservatively:
Amazon makes approximately 800k per minute, so in about 45 minutes they’ve recouped their money. Make it one hour just to cover all other costs, lawyers, etc involved in this.
Is that revenue, or profit? Also is this specifically revenue on France or globally?
Idk I did some math from the first search result I found
It's kind of a big difference. If a company makes 300M but spends 400M it's unsustainable despite it being huge numbers.