345
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 14 Nov 2023
345 points (96.2% liked)
Games
32447 readers
1248 users here now
Welcome to the largest gaming community on Lemmy! Discussion for all kinds of games. Video games, tabletop games, card games etc.
Weekly Threads:
Rules:
-
Submissions have to be related to games
-
No bigotry or harassment, be civil
-
No excessive self-promotion
-
Stay on-topic; no memes, funny videos, giveaways, reposts, or low-effort posts
-
Mark Spoilers and NSFW
-
No linking to piracy
More information about the community rules can be found here.
founded 1 year ago
MODERATORS
They didn't earn $544M, they had $544M in revenue. They lost $124M but it's all due to their decisions. They have a great operating margin in the 60s and spent all the money elsewhere.
What are they spending all of it on? Because it certainly not updates to the engine.
420M in profit is still way too much to be laying off people
The didn’t make 420m in profit, they lost 124m.
Revenue is how much you sold stuff for. Profit is how much did you make after paying for everything to run your business. They got $544M but spent $668M, so they didn't make a profit.