Comment by dkhenry
3 years ago
Its so expensive that Comcast only made a profit of 42 Billion in 2021, while providing a lower quality of service than what a small ISP in Michigan can give you for a one time 2M in government grants.
3 years ago
Its so expensive that Comcast only made a profit of 42 Billion in 2021, while providing a lower quality of service than what a small ISP in Michigan can give you for a one time 2M in government grants.
The little guy in Michigan also doesn't own the NBC broadcasting network, theme parks... Comcast didn't make $42B off it's cable subscribers.
You should check their quarterly earnings I think you would be shocked. In the second quarter Cable and Broadband account for 7.4 Billion in profit, and have a profit margin near 50%. NBC Universal only accounts for 1.9 Billion and their theme parks are 632 Million. By far cable is the largest driver of profit.
https://www.cmcsa.com/news-releases/news-release-details/com...