Americans Continue to Name Inflation as Top Financial Problem - eviltoast
  • iopq@lemmy.world
    link
    fedilink
    arrow-up
    1
    arrow-down
    7
    ·
    6 months ago

    Profits go up per unit, but not necessarily the total amount since you’re moving fewer units

    • Billiam@lemmy.world
      link
      fedilink
      arrow-up
      10
      ·
      6 months ago

      Except corporations were posting record profits. So both profit per unit and overall profitability were increased.

      They took advantage of COVID to fleece the public.

    • njm1314@lemmy.world
      link
      fedilink
      arrow-up
      9
      ·
      6 months ago

      If you’ve been paying attention you would have seen that profit margins were going up as well

      • iopq@lemmy.world
        link
        fedilink
        arrow-up
        1
        arrow-down
        5
        ·
        6 months ago

        For some companies, sure.

        Intel and AMD, for example, already sold so many computers during the pandemic their profits are down now