• PatFusty@lemm.ee
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    10 months ago

    Revenue does not mean gross profit. Gross profit does not mean net earnings. The numbers this person posted is the money the conpany gets before any operation costs. This means this is how much the product sold regardless of how much it costs to produce, package, ship, r&d, worker cost, etc. This meme has to stop its poisoning your brains

    • Jaytreeman@kbin.social
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      10 months ago

      These numbers are gross profit. A quick search would verify this for yourself.
      You seem to misunderstand what gross profit is because you decided to make a weird word salad.
      Gross profit is the profit a business makes after subtracting all the costs that are related to manufacturing and selling its products or services.
      So the numbers are relevant. It’s not worker wages that are the driving inflation. It’s not government handouts driving inflation. It’s corporate profits that are driving inflation

    • lledrtx@lemmy.world
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      10 months ago

      What do you mean? It says they are profits right in the picture. Maybe read the thing properly before you condescendingly explain what revenue and profits mean?