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0 pointsjoe_the_user4y ago0 comments

Sure, most businesses exist to provide a good or service and get some bit extra beyond their costs. This is known as "profit".

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tekknik4y ago

The problem here is it’s not a “bit”, but “a lot”

joe_the_userOP4y ago

I don't think Google has a profit rate massively higher than other similar companies (say, Apple or Facebook). It gets a lot of profit because it is large.

Compare: https://ycharts.com/companies/GOOG/profit_margin https://ycharts.com/companies/AAPL/profit_margin https://ycharts.com/companies/FB/profit_margin

Of course, manufacturing companies have a lot less: https://ycharts.com/companies/GM/profit_margin

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