> Revenue: $279,800 Million > about “an hour” of their annual income
Nitpick: mistaking revenue for income(profit) is a very common error most of us make when talking about businesses. If you wish to own a business or invest, it is well worthwhile to program the difference into your head. It matters less for high margin businesses, but it is crucial to delineate the difference for low margin businesess (such as retail).
Nitpick: mistaking revenue for income(profit) is a very common error most of us make when talking about businesses. If you wish to own a business or invest, it is well worthwhile to program the difference into your head. It matters less for high margin businesses, but it is crucial to delineate the difference for low margin businesess (such as retail).