←back to thread

250 points sebastian_z | 1 comments | | HN request time: 0s | source
Show context
MonkeyClub ◴[] No.43539968[source]
150M is ridiculously low for a company with a 3.34T market cap.

It's the equivalent of fining a millionaire 150 EUR, or a regular person fifteen cents.

That's not a fine, it's a show put on for people who can't do division.

replies(4): >>43540176 #>>43540227 #>>43540469 #>>43541201 #
crazygringo ◴[] No.43541201[source]
Comparing a fine with market cap doesn't make a lot of sense.

More logical is to compare it to their yearly profit. Net income was $74B last year.

So the fine is ~0.2% of that, which is pretty significant for something as tiny as having two pop-up messages rather than a single combined one.

And for a regular person making $50K/yr, it would equate to a $100 fine. Not fifteen cents.

replies(1): >>43541690 #
epolanski ◴[] No.43541690[source]
No, you'd need to first take the expenses out of the person's salary. Assuming the person needs 35k to live it's a 30$ one.
replies(1): >>43546357 #
1. crazygringo ◴[] No.43546357{3}[source]
Good point! I've never seen it compared that way before but I like it.