A company that grows 1% every year will always have “record profits”. It’s a fun buzzword to throw around, but there’s better injustices to focus on, like the lack of CEOs getting sacked or facing a reduction in compensation.
Microsoft annual gross profit for 2022 was $135.62B, a 17.06% increase from 2021. Microsoft annual gross profit for 2021 was $115.856B, a 19.52% increase from 2020.
So yeah, 20% inflation a year amarite. “It’s just a fun buzzword!”. Sure the numbers are bigger in the end, but that’s not what anyone is talking about here when they mean record profits. Grab inflation, go back 20 years and show us.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
No game suggestions, friend requests, surveys, or begging.
No Let’s Plays, streams, highlight reels/montages, random videos or shorts.
No off-topic posts/comments, within reason.
Use the original source, no clickbait titles, no duplicates.
(Submissions should be from the original source if possible, unless from paywalled or non-english sources.
If the title is clickbait or lacks context you may lightly edit the title.)
A company that grows 1% every year will always have “record profits”. It’s a fun buzzword to throw around, but there’s better injustices to focus on, like the lack of CEOs getting sacked or facing a reduction in compensation.
Microsoft annual gross profit for 2022 was $135.62B, a 17.06% increase from 2021. Microsoft annual gross profit for 2021 was $115.856B, a 19.52% increase from 2020.
So yeah, 20% inflation a year amarite. “It’s just a fun buzzword!”. Sure the numbers are bigger in the end, but that’s not what anyone is talking about here when they mean record profits. Grab inflation, go back 20 years and show us.