theodewere,
@theodewere@kbin.social avatar

of at least equal concern is whether the business is profitable, and it is probably shedding billions.. he had forecasted revenues of around $12 billion by now, but they just reported $1.6 billion (which is up from $0.23 or so, which is horrific given the projections).. this is because that $12 billion revenue projection was also projecting costs of $7 billion.. their costs are not likely lower than projections, just because.. and their user growth is anemic.. that bump in revenue might have been a windfall from sales in Ukraine or to the US government..

the business is a financial hole, whether the spectacular depreciation of assets is planned or not

  • All
  • Subscribed
  • Moderated
  • Favorites
  • random
  • uselessserver093
  • Food
  • aaaaaaacccccccce
  • [email protected]
  • test
  • CafeMeta
  • testmag
  • MUD
  • RhythmGameZone
  • RSS
  • dabs
  • Socialism
  • KbinCafe
  • TheResearchGuardian
  • Ask_kbincafe
  • oklahoma
  • feritale
  • SuperSentai
  • KamenRider
  • All magazines