jeffw@lemmy.world to Technology@lemmy.worldEnglish · 2 years agoMeta Reportedly Unhappy With How Much Money Its VR Division Burnsgizmodo.comexternal-linkmessage-square43linkfedilinkarrow-up1175arrow-down14
arrow-up1171arrow-down1external-linkMeta Reportedly Unhappy With How Much Money Its VR Division Burnsgizmodo.comjeffw@lemmy.world to Technology@lemmy.worldEnglish · 2 years agomessage-square43linkfedilink
minus-squareAlphane Moon@lemmy.worldlinkfedilinkEnglisharrow-up28·edit-22 years ago According to the report, the company’s chief financial officer, Susan Li, told staff the division has lost $55 billion since 2019. $55 billion in losses over ~5 years? That’s a substantial amount.
minus-squareValmond@lemmy.worldlinkfedilinkEnglisharrow-up24·2 years agoHoly shit, give me just one billion per year and I’ll build you a sexier failure.
minus-squareValmond@lemmy.worldlinkfedilinkEnglisharrow-up6·edit-22 years agoPeople underestimate how much a fucking Million is! It’s like a lifetime salary (3k/m for 27.8 years). We should call billions thousand millions.
minus-squarestoly@lemmy.worldlinkfedilinkEnglisharrow-up4·2 years agoNot a drop in the bucket of their revenues, though. This is really about someone feeling angst that they can’t get an extra quarter percent increase in profits for the quarter so that the dividends go up just so slightly.
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up3·edit-22 years agoWow, that’s like half the total value of Nike!!! https://finance.yahoo.com/quote/NKE/ Or about the same as Ford: https://finance.yahoo.com/quote/F/
$55 billion in losses over ~5 years? That’s a substantial amount.
Holy shit, give me just one billion per year and I’ll build you a sexier failure.
deleted by creator
People underestimate how much a fucking Million is! It’s like a lifetime salary (3k/m for 27.8 years).
We should call billions thousand millions.
Not a drop in the bucket of their revenues, though. This is really about someone feeling angst that they can’t get an extra quarter percent increase in profits for the quarter so that the dividends go up just so slightly.
Wow, that’s like half the total value of Nike!!!
https://finance.yahoo.com/quote/NKE/
Or about the same as Ford:
https://finance.yahoo.com/quote/F/