Can you explain how these large companies operate, explained like I'm a golden retriever?
How does a company so big not make a profit/could possibly go bankrupt?
My current understanding is companies either focus on growth (at a loss) or choose to focus on profit (with the risk of competition overtaking them or decay over time).
But lets say they go bankrupt in 1 year, couldn't they just switch to "profit mode"?
If there is no "profit mode" ... then why are people investing in the first place?
How does a company so big not make a profit/could possibly go bankrupt?
My current understanding is companies either focus on growth (at a loss) or choose to focus on profit (with the risk of competition overtaking them or decay over time).
But lets say they go bankrupt in 1 year, couldn't they just switch to "profit mode"?
If there is no "profit mode" ... then why are people investing in the first place?