Birdwatch Note Rating
2023-05-07 22:16:02 UTC - HELPFUL
Rated by Participant: 0A6F457F57D7D322AD906E4B7F202CB4C5C44FDF63F4047C1320CEFDB2EEB7E3
Participant Details
Original Note:
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/
All Note Details