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Amazon is reportedly negotiating to acquire MGM for about $9B

businessinsider.com

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Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#251
post #227

Earlier quoted context omitted.

> That's not even a lot! Apple, Google & FB have $200bn, $140bn & $65bn respectively. Dividends don't seem to be a thing, and it's basically impossible to invest this much cash internally. These companies don't have factories to build, or any kind of hard capital investments to make. Apple arguably does have factories to build, given how utterly dependent on China it is.

They really don't. And neither do they need to buy SemiConductor Companies. Unlike most if not all other companies that outsource manufacturing. Apple still has the known how and detail view in not only the factory but the whole supply chain. They could, should they choose to, instantly assemble everything by themselves. Compared to other companies, they are making design changes and working with contract manufacture…

> Unlike most if not all other companies that outsource manufacturing. Apple still has the known how and detail view in not only the factory but the whole supply chain. They could, should they choose to, instantly assemble everything by themselves.

They can't "instantly" assemble everything by themselves at the scale they need, because almost all their infrastructure and supply chain for that is located in China. My bet is that it would take them on the order of a decade to build up alternate infrastructure and supply changes, and that's assuming the detailed knowledge they have about their processes.

This is an interesting article about how Apple's dependence has played out: https://www.nytimes.com/2021/05/17/technology/apple-china-ce....

Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#252
post #237

Earlier quoted context omitted.

Because Netflix, Hulu, Prime Video et Al don't make money. At some point they're going to have to and that's when we see if you're right or not.

https://www.washingtonpost.com/business/2021/04/20/netflix-n... Netflix has over 208 Million subscribers each paying a monthly fee. They are taking in multiple BILLIONS every month in revenue. They are also in complete control of their expenditures. They don't rely on commodities or regulations. If that isn't making money then I don't know what is.

Making money is when your revenues are higher than your costs.

Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#253
post #252

Earlier quoted context omitted.

https://www.washingtonpost.com/business/2021/04/20/netflix-n... Netflix has over 208 Million subscribers each paying a monthly fee. They are taking in multiple BILLIONS every month in revenue. They are also in complete control of their expenditures. They don't rely on commodities or regulations. If that isn't making money then I don't know what is.

Making money is when your revenues are higher than your costs.

Do you think that only companies that pay dividends are "making money"? What about stock buybacks?

Netflix's stock price is 480x what it was 20 years ago. It has a market cap of 280 Billion dollars.

Are you one of the people that said "amazon doesn't make money" because they used their revenue to expand for multiple decades?

Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#254
post #241

Earlier quoted context omitted.

TI has been dying a slow death from what I've observed and heard. Outsourcing tends to be part of that, sorry it happened to you. When I worked in Texas there was a lot of outsourcing, but usually it's because there's not enough talent in the area to meet demand. It's a cyclical effect, which is what irritates me about coastal folks trying to deny their states and companies have participated in that process.

Companies and people are leaving California in droves and coming to Texas. Cost of living in Texas is a fraction of California and Texas has no individual income tax. Texas colleges A&M and UT are excellent affordable public engineering schools. Availability and quality of medical centers are excellent. Elementary and high schools outside of the urban cities are generally excellant. Many many great entertainment and…

[deleted]

Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#255
post #241

Earlier quoted context omitted.

TI has been dying a slow death from what I've observed and heard. Outsourcing tends to be part of that, sorry it happened to you. When I worked in Texas there was a lot of outsourcing, but usually it's because there's not enough talent in the area to meet demand. It's a cyclical effect, which is what irritates me about coastal folks trying to deny their states and companies have participated in that process.

Companies and people are leaving California in droves and coming to Texas. Cost of living in Texas is a fraction of California and Texas has no individual income tax. Texas colleges A&M and UT are excellent affordable public engineering schools. Availability and quality of medical centers are excellent. Elementary and high schools outside of the urban cities are generally excellant. Many many great entertainment and…

Can anyone recommend a good area in Texas far from manufacturing, military bases, or other sources of pollution?

Bonus if far enough North to avoid freeze issues!

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