Comment on What is the most profitable industry in the world? Not oil, not IT, not pharma. It's scientific publishing.

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Viking_Hippie@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

I’m actually surprised it’s not closer to 100%

These are probably the official figures arrived at AFTER a bunch of schemes to avoid being fairly taxed, as are those of the other companies listed.

In fact, it would surprise me at all if 30-something% is the REAL profit margin of the ones whose official one is 2% and those of the top 5 or so are all 80%+.

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