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re: Pfizer earned $3.5 billion on COVID vaccine in first quarter
Posted on 5/4/21 at 11:46 am to Jbird
Posted on 5/4/21 at 11:46 am to Jbird
quote:
25%
In 2020 Pfizer’s total revenue was $42 billion and gross profit was $32 billion, and those numbers are down from prior years.
But even if it had been 25%, my point still stands. 25% of my salary is $68,750, which isn’t chump change but I can live very comfortably on the other 75% alone. My life doesn’t change substantially without that 25%. Likewise a company making well into the 10 figures in annual revenue isn’t gonna complain about a 25% profit boost, but it’s still small beans compared to everything else.
2
Posted on 5/4/21 at 11:55 am to Roger Klarvin
quote:
In 2020 Pfizer’s total revenue was $42 billion and gross profit was $32 billion, and those numbers are down from prior years.
Their net income was up about 30% year-over-year.
Pfizer increased its COVID revenue forecast for this year to $26 billion. Pfizer's 2019 total revenue was $51B. So the COVID vaccine represents a 50% increase in pre-COVID revenue.
Posted on 5/4/21 at 12:42 pm to Roger Klarvin
quote:
25% of my salary is $68,750, which isn’t chump change but I can live very comfortably on the other 75% alone.
Did you seriously post your salary?
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