• Alphane Moon@lemmy.world
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    4 months 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.

    • Valmond@lemmy.world
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      4 months ago

      Holy shit, give me just one billion per year and I’ll build you a sexier failure.

      • umbrella@lemmy.ml
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        4 months ago

        give me one billion period and ill build you a kickass vr set without bullshit, and ill probably have money spare for me and possibly descendants to retire. people underestimate how much money one billion actually is.

        • Valmond@lemmy.world
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          4 months ago

          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.

    • stoly@lemmy.world
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      4 months ago

      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.