alt Hacker NewsI'm typing this on a Macbook Pro, which is made by Apple with their net profit margin of 24.3% for Q4 2024. BNSF, one of the companies which is the topic of this conversation, has an operating ratio of 68% for 2024 (how much of their revenue goes towards operational costs). Their net income was $5 billion. They can afford to have a little extra employees to cover fucking sick leave.
> Get in the real world, not some fantasy land
Get out of a libertrarian's wet dream and look around you, read up a little bit on various companies financials.
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Apple barely make the product. Look at the margins of all their suppliers. That fat line showing about $200b of cogs is filled with low margin businesses - the vast majority of the world is not some outlier like Apple.
Gotta look more than one layer deep financial statement guy. People who actually read a lot of financial statements have looked at a looooot more than the ones of the names on TV.
>I'm typing this on a Macbook Pro, which is made by Apple with their net profit margin of 24.3% for Q4 2024.
Apple's margins are so high because the margins of their suppliers are so low (used to work for one of them) with some used to have suicide nets at their factories. Apple is an exception worldwide when it comes to HW margins, not the norm.
>They can afford to have a little extra employees to cover fucking sick leave.
Shareholders care more about line going up then about the welfare of the workers.
Where do you get your data on BNSF? The data I have shows you’re off by a factor of near 5.