I didn't have information at all, and I wasn't trying to imply anything specific about the data. I just wasn't aware that there was public information that would point to such a specific number for their margins.
It's interesting to read this data. A lot of the "common wisdom" was that subscriptions were heavily subsidized, but in actuality they're just not quite as outrageously profitable.
It's interesting to read this data. A lot of the "common wisdom" was that subscriptions were heavily subsidized, but in actuality they're just not quite as outrageously profitable.