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Tue Apr 26 17:26:56 +0000 2022

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Peter Kafka @pkafka

@AndrewKerrNC Actually $1.3b on R&D, but what’s $500m? Anyway it’s mostly to pay engineers, who are expensive. Also the real operating margin is closer to 5%. But if the real point is “they’re no Facebook or google, which print money” then yes, agreed. — PolitiTweet.org

Posted April 26, 2022