Microsoft profits

https://www.theguardian.com/world/2...-zero-corporate-tax-on-220bn-profit-last-year

How can this even be close to being true.

The company would be worth trillions.
Even if they sold a billion copies of windows in a year (they don't) that means an average price of over 300.

This is the main story on the guardian, so how did they get the numbers so wrong.
Or did they?

I see these numbers for full fiscal year of 2020. Could be 2021 is better thanks to covid19.

Microsoft Corp. today announced the following results for the fiscal year ended June 30, 2020, as compared to the corresponding period of last fiscal year:

· Revenue was $143.0 billion and increased 14%
· Operating income was $53.0 billion and increased 23%
· Net income was $44.3 billion and increased 13% GAAP and 20% non-GAAP
· Diluted earnings per share was $5.76 and increased 14% GAAP and 21% non-GAAP

https://www.microsoft.com/en-us/Investor/earnings/FY-2020-Q4/press-release-webcast
 
Also, as the saying goes "Don't hate the players, hate the game."
 
I'm aware how much they marketcap is. When I mean trillions, i mean like over 10 trillion.

The more I think about it, the more the story seems to be fake, yes I'm aware of companies using tax havens. My issues are with the amounts.
The pdf looks legit, and they report the numbers multiple times, so it's not a single typo.
I'm just not buying it.
To get those numbers over one quarter of the worlds population bought windows last year.





https://www.google.com/amp/s/arstechnica.com/science/2021/06/dunning-kruger-meets-fake-news/?amp=1
Am I guilty here?
 
I'm aware how much they marketcap is. When I mean trillions, i mean like over 10 trillion.

The more I think about it, the more the story seems to be fake, yes I'm aware of companies using tax havens. My issues are with the amounts.
The pdf looks legit, and they report the numbers multiple times, so it's not a single typo.
I'm just not buying it.
To get those numbers over one quarter of the worlds population bought windows last year.





https://www.google.com/amp/s/arstechnica.com/science/2021/06/dunning-kruger-meets-fake-news/?amp=1
Am I guilty here?
why purchasing windows only?

every laptop sold, every azure server that is fitted with windows...

but I would also have doubts that the only thing they put under that branch is just windows. I think that's probably untrue entirely.
 
True reading again "The subsidiary, which collects licence fees for use of copyrighted Microsoft software around the world, recorded an annual profit of $314.7bn in the year to the end of June 2020"
So its not hardware etc

but if you look at
https://www.microsoft.com/investor/reports/ar20/index.html
2020 revenue is $143 billion which includes windows, OEM, home, office etc
so the revenue from Microsoft Round Island One is in extra to this
 
True reading again "The subsidiary, which collects licence fees for use of copyrighted Microsoft software around the world, recorded an annual profit of $314.7bn in the year to the end of June 2020"
So its not hardware etc

but if you look at
https://www.microsoft.com/investor/reports/ar20/index.html
2020 revenue is $143 billion which includes windows, OEM, home, office etc
so the revenue from Microsoft Round Island One is in extra to this
yea microsoft software is a large list =P
office, teams, MSDN support, visual studio etc.

And then, if you consider how many laptops were purchased (in which they need their own licensed version of windows) during covid by all business, homes, schools, etc, just because everyone had to work from home. I don't expect these numbers again moving into 2022.

It's definitely a blip, but one that follows with the world doing WFH type stuff. They may have split the accounting up to not shelter all of it. But some of it.
 
Maybe some of the larger companies should be taxed on the value of shares and not profits

Things like this? I bet countries with less than 15% will be real popular.

The Biden administration proposed a global tax on multinational corporations of at least 15 percent in the latest round of international tax negotiations, Treasury Department officials said on Thursday, as the U.S. looks to reach a deal with countries that fear hiking their rates will deter investment.

https://www.nytimes.com/2021/05/20/... proposed a,their rates will deter investment.
 
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