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A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

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Walmart's use of digital price tags signal the future of retail shopping, but consumers are worried (www.techspot.com)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 4 months ago* (last edited 4 months ago)

You made a good point and I immediately thought that reporting a gross profit dollar amount as an example of how profit margins are not slim as simply inappropriate. And I would have responded myself if you hadn't. There's no single dollar figure that can inform anyone about anything useful about the profit margin of a business. A number without context is useless.