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Why software subscription is just customers ripoff
  • Vitaliy_KiselevVitaliy_Kiselev

    For the last quarter Autodesk Inc reported a revenue of $737.3 million, compared with the revenue of $553.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.6 billion, an increase of 25% from last year. For the last five years Autodesk Inc had an average revenue decline of 0.6% a year.

    And all this extra money went... to buybacks (way to pay less taxes compared to dividends).

    Fight corporations who start to use such scheme, look for alternatives.

  • 3 Replies sorted by
  • Vitaliy_KiselevVitaliy_Kiselev

    Btw, if we could all S&P companies they spent 806.4 billions on shared buybacks during 2018. Seriously.

    Whole system turned in one big criminal gang.

  • Vitaliy_KiselevVitaliy_Kiselev

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  • Vitaliy_KiselevVitaliy_Kiselev

    Microsoft Corp. on Wednesday announced that its board of directors approved a new share repurchase program authorizing up to $40 billion in share repurchases. The new share repurchase program, which has no expiration date, may be terminated at any time.

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