|reply to aaronwt |
Re: They said they netted $3.35..
They might have meant "netted" as in catching something with a net... in this case, coins.
Even if it was net income after expenses, $3.35 out of a $1500 is 0.2% return on investment and companies usually axe projects that perform below 8-10%. The $1500 that goes in the phone booth to generate $3.35 profit would have generated ~$150 if the company had invested it elsewhere so... so, although the phone itself may be profitable, the company is still eating a ~$146.25 opportunity loss from maintaining it.