this post was submitted on 26 Sep 2023
928 points (98.8% liked)
Technology
58560 readers
4552 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
Anybody can look these numbers up. I'm not sitting on some secret Bloomberg terminal LOL
Then why only mention revenue?
Because fuck Netflix, nobody believes for a minute they're not profitable and couldn't afford to pay writers and actors.
Shareholders: "that's where you're wrong, bucko"
I didn't realize people can't do a 10 second google search on their own. 🙄
Net income isn't the whole story anyways, especially when this article points out that one of their costs is lobbying for a cause that isn't necessary. They're raking in billions of dollars every year.
"just Google it, bro" is never a source.
Not my fault you aren't capable of typing 4 words into a search engine.
It's not a 'source', bud.
🙄
Did you know profitability =! Net income?
Yes. Did you know that "just Google it, bro" isn't a source?
Positing a claim =! positing a source. That's 0/2.
You can't count, either? That's rough, buddy.
0/3
You specifically chose to quote a sentence about profit and then provide a number that is not profit. What was the point of commenting at all if the number you provided had no relevance?
My quote:
Your misinformed quote:
There's a very important difference there that I think you're not built to understand.
I'm not a shill as far as I know. What if I agree with them that it would have made more sense to mention profit #? Do I instantly become a "shill" too? If so, where can I get my check?
There is no definitive profitability number. Do you remember how the quote said profitability, and not profit? Companies scale their costs based on revenue. https://ycharts.com/companies/NFLX/stock_buyback
Seethe, shills.