Birdwatch Archive

Birdwatch Note

2023-05-07 12:00:20 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

The figure cited Elsevier is revenue not profit. https://uk.investing.com/equities/reed-elsevier-plc-income-statement Elsevier reported €2.80bn (circa $3.084bn) in profits. https://www.researchprofessionalnews.com/rr-news-europe-infrastructure-2023-2-elsevier-parent-s-profit-up-20-per-cent-last-year/#:~:text=Relx%2C%20the%20parent%20company%20of,£2.08bn%20in%202021. In comparison, Google reported an annual revenue of $ 279.8bn and $60bn in profits in 2022. https://www.statista.com/statistics/267606/quarterly-revenue-of-google/#:~:text=The%20company%20amounted%20an%20annual,Google%20sites%20and%20its%20network. https://fourweekmba.com/google-profits/

Written by 83ABF31ED6F75E992F5328D9484424DBA92EA062D8FC36FF586D6A1205646CEC
Participant Details

All Information

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• noteId - 1655180763585818625
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• noteAuthorParticipantId - 83ABF31ED6F75E992F5328D9484424DBA92EA062D8FC36FF586D6A1205646CEC Participant Details
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• tweetId - 1655138255656873985
• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• The figure cited Elsevier is revenue not profit. https://uk.investing.com/equities/reed-elsevier-plc-income-statement Elsevier reported €2.80bn (circa $3.084bn) in profits. https://www.researchprofessionalnews.com/rr-news-europe-infrastructure-2023-2-elsevier-parent-s-profit-up-20-per-cent-last-year/#:~:text=Relx%2C%20the%20parent%20company%20of,£2.08bn%20in%202021. In comparison, Google reported an annual revenue of $ 279.8bn and $60bn in profits in 2022. https://www.statista.com/statistics/267606/quarterly-revenue-of-google/#:~:text=The%20company%20amounted%20an%20annual,Google%20sites%20and%20its%20network. https://fourweekmba.com/google-profits/