ForgottenFlux@lemmy.world to Technology@lemmy.worldEnglish · 6 months agoSpotify has raised prices for the second time in a year, with no new benefits, after its CEO sparked outrage by claiming the cost of creating 'content' is 'close to zero'www.techradar.comexternal-linkmessage-square225fedilinkarrow-up1978arrow-down18
arrow-up1970arrow-down1external-linkSpotify has raised prices for the second time in a year, with no new benefits, after its CEO sparked outrage by claiming the cost of creating 'content' is 'close to zero'www.techradar.comForgottenFlux@lemmy.world to Technology@lemmy.worldEnglish · 6 months agomessage-square225fedilink
minus-squarebolexforsoup@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up4·edit-26 months agoIf it’s profit it’s net by definition. Gross can’t be profit. You’re thinking of revenue. Gross is total revenue before any costs deducted.
minus-squareyeehaw@lemmy.calinkfedilinkEnglisharrow-up1·6 months agoI dunno, my QuickBooks shows me gross and net profit. Gross profit is your income after you remove cost of goods sols (COGS). Net profit is what the org nets after everything else like payroll and other expenses.
minus-squarebolexforsoup@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up1·6 months agoYeah you right. Don’t bake and lemmy, folks
But is that net or gross?
If it’s profit it’s net by definition. Gross can’t be profit. You’re thinking of revenue. Gross is total revenue before any costs deducted.
I dunno, my QuickBooks shows me gross and net profit. Gross profit is your income after you remove cost of goods sols (COGS). Net profit is what the org nets after everything else like payroll and other expenses.
Yeah you right. Don’t bake and lemmy, folks