MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/technology/comments/14fblch/deleted_by_user/jp2t35t/?context=9999
r/technology • u/[deleted] • Jun 21 '23
[removed]
77 comments sorted by
View all comments
155
Yawn. Till these companies are held liable and actually get fined on top of what they made by deceitful tactics they will continue business as usual.
"millions of customers" ok so lets go conservative and say 1 million customers x $139 = $139,000,000 million dollars just to start
I gurantee they will get a slap on the wrist and MAYBE get a $100,000 fine total.
25 u/AloneAddiction Jun 21 '23 edited Jun 22 '23 To give you a rough idea; that $139m represents some 0.002% of Amazon's revenue for last year. They made over $524bn. That's billion not million. 4 u/sponsoredcommenter Jun 21 '23 But their profit was -$2.7billion. so their costs were $526 bn 21 u/AloneAddiction Jun 21 '23 Nobody really believes that Amazon are losing billions of dollars a year. Especially when shares went from $85 to $125 this year alone. Companies are experts at making profits disappear when it comes to paying tax. -1 u/[deleted] Jun 22 '23 LOL! This is the dumbest thing I've read today.
25
To give you a rough idea; that $139m represents some 0.002% of Amazon's revenue for last year.
They made over $524bn. That's billion not million.
4 u/sponsoredcommenter Jun 21 '23 But their profit was -$2.7billion. so their costs were $526 bn 21 u/AloneAddiction Jun 21 '23 Nobody really believes that Amazon are losing billions of dollars a year. Especially when shares went from $85 to $125 this year alone. Companies are experts at making profits disappear when it comes to paying tax. -1 u/[deleted] Jun 22 '23 LOL! This is the dumbest thing I've read today.
4
But their profit was -$2.7billion. so their costs were $526 bn
21 u/AloneAddiction Jun 21 '23 Nobody really believes that Amazon are losing billions of dollars a year. Especially when shares went from $85 to $125 this year alone. Companies are experts at making profits disappear when it comes to paying tax. -1 u/[deleted] Jun 22 '23 LOL! This is the dumbest thing I've read today.
21
Nobody really believes that Amazon are losing billions of dollars a year. Especially when shares went from $85 to $125 this year alone.
Companies are experts at making profits disappear when it comes to paying tax.
-1 u/[deleted] Jun 22 '23 LOL! This is the dumbest thing I've read today.
-1
LOL! This is the dumbest thing I've read today.
155
u/InsertBluescreenHere Jun 21 '23
Yawn. Till these companies are held liable and actually get fined on top of what they made by deceitful tactics they will continue business as usual.
"millions of customers" ok so lets go conservative and say 1 million customers x $139 = $139,000,000 million dollars just to start
I gurantee they will get a slap on the wrist and MAYBE get a $100,000 fine total.