On: Mercedes-Benz workforce to receive record profit-s...

[laserlight]

Mercedes-Benz's market cap is $106M, while Microsoft's market cap is $1.78T. Microsoft is 16.8K times larger than Mercedes-Benz. People are aware of the difference when criticizing how US tech behaves.

Edit: See comments below. Correct Mercedes-Benz market cap is $76.5B, in which case Microsoft is 23 times the size of Mercedes-Benz.

[rerx → laserlight]

Where did you pull that number from? That's off by a factor of 1000 or so.

https://www.boerse-frankfurt.de/equity/mercedes-benz-group says the market capitalization is 70.29B Euros.

[laserlight → rerx]

Thanks for your correction. I got the number from a fucking company that claims to be the best in Web search and AI.

[pb7 → laserlight]

You really thought MB was worth $106M? What if it said $5?

[rerx → laserlight]

It's surprising really that they get away with showing absurdly low quality information like that next to their ads.

[brewdad → laserlight]

Where did you get that market cap number for Mercedes? It is all kinds of wrong. Yahoo has their market cap at 70.4 Billion.[0]

[0]https://finance.yahoo.com/quote/MBG.DE

[greatwave1 → laserlight]

Mercedes-Benz's market cap is way higher (like, almost 100x higher) than $106M, and I don't think that market cap is the right metric to use when evaluating a company's ability to pay its workers.

Mercedes-Benz had roughly the same net income as Facebook last quarter, and in the same ballpark as all of the major US tech companies, and still has significantly lower average pay.