the.com/profit
the gap between what something costs and what someone's willing to pretend it's worth
means The financial gain left over when revenue exceeds the cost of producing or selling something.
from From Latin 'profectus,' meaning 'progress' or 'advance,' the past participle of 'proficere' — 'to make headway, to accomplish' — built from 'pro-' (forward) and 'facere' (to do or make). It arrived in English through Old French 'profit,' carrying the sense of 'doing forward,' of an undertaking that pays off. The word is a close cousin of 'proficient,' both rooted in the idea of getting somewhere.
- word origin
- From Latin proficere, meaning to advance or progress
- profit motive
- Adam Smith never used the phrase invisible hand for it
- nonprofits profit
- They keep surplus, just can't pay it to owners
- profit vs cash
- Companies go bankrupt while reporting record profits
- gross illusion
- Gross profit ignores nearly every cost worth fearing
apple inc fiscal 2023 — posted $96.995 billion net income, largest annual profit by a public company
saudi aramco 2022 — $160 billion net income, highest annual profit ever recorded by any corporation
berkshire hathaway 2022 — $96.223 billion net earnings, warren buffett's conglomerate