@return2ozma to News • 4 months agoAmazon, Walmart, and Target finally realize their colossal pricing mistake—now they’re slashing costs to win back customersfinance.yahoo.comexternal-linkmessage-square103arrow-up1314arrow-down112cross-posted to: [email protected]
arrow-up1302arrow-down1external-linkAmazon, Walmart, and Target finally realize their colossal pricing mistake—now they’re slashing costs to win back customersfinance.yahoo.com@return2ozma to News • 4 months agomessage-square103cross-posted to: [email protected]
minus-square@iopqlink1•4 months agoThe margin hasn’t changed much So that means the corporations got the same % on their sales What you thought would happen: thing X cost the corp $10 and they sold it for $15. When it costs $20 they sell it for $25 What actually happened: it cost $20 and they sold it for $30 That’s because investors hate it when the margin goes down
minus-square@iopqlink1•4 months agoNoah Smith https://twitter.com/Noahpinion/status/1790237061179650498
minus-square@harklink0•4 months agoA twitter post isn’t a good source. Where are they getting their data from? What are “weights” in this case?
The margin hasn’t changed much
So that means the corporations got the same % on their sales
What you thought would happen: thing X cost the corp $10 and they sold it for $15. When it costs $20 they sell it for $25
What actually happened: it cost $20 and they sold it for $30
That’s because investors hate it when the margin goes down
What’s the source of this graph?
Noah Smith
https://twitter.com/Noahpinion/status/1790237061179650498
A twitter post isn’t a good source. Where are they getting their data from? What are “weights” in this case?