Hacker News Reader

Comment by samspenc | Hacker News Reader

Quarterly numbers from their report:

  - Revenue: $74.6 billion, up 7% YoY
  - Operating income: $21.8 billion
  - Operating margin: 29%
  - Net income: $18.3 billion

View on HN

How do you play with inflation numbers around the world? 7% YoY does not seem an increase. US official inflation rate is 8% and inflation is calculated based on a basket that is different from inflation based on specific industries.

US inflation YoY was 3% as of the most recent data. https://ycharts.com/indicators/us_consumer_price_index_yoy

4.8% excluding food and energy (as is standard): https://www.bls.gov/news.release/cpi.nr0.htm

Reply on news.ycombinator.com