Comment

Comment by kesselvon

Yeah, thats exactly what net income means. Its an accounting of the actual profits your company generates after all expenses. Its a standardized measure, which means you are able to compare apples to apples.

Both are oligopolistic market players that can command price, and then generate outsized profits from their large market share. Both have fat margins, that has nothing to do with how easy that margin is to take away. Average corporate profits (net income) run 10-15%, so any outsized margin beyond that is a good indication that the company is able to generate excess profits through whatever means.

parent kesselvon 4 years ago

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton