Viewing a single comment thread. View all comments

Artanthos t1_jdupl20 wrote

Reply to comment by Flimsy_Demand7237 in Internet Archive Loses Lawsuit Over Ebook Copyright Infringement. Here’s What to Know... by Halaku

Walmart actually has a very low profit margin, <2%.

Walmart makes its money on volume.

https://www.macrotrends.net/stocks/charts/WMT/walmart/profit-margins

14

cheeseybacon11 t1_jdv11ye wrote

So they're still correct. Just a weird way to prove their point.

10

Artanthos t1_jdwxzgx wrote

I wasn’t disagreeing so much as reinforcing with more accurate information.

People like to shit on Walmart.

While a lot of the points are technically correct, the whole point is to bring lower prices to the consumer.

Walmart simply cannot correct many of their issues without raising prices, because they already have a very low profit margin. It would quickly flip from making money from volume to losing billions.

3