As we know all to well from the financial collapse of 2008,
massively profitable companies can go under in the blink of an eye.
Even more mystifying, jokes like «we lose money on every sale and make it up on volume» actually describe the business models of such
massively profitable companies as Google.
Apart from the fact that even the most successful smart speaker line would barely move the needle for such
a massively profitable company, Apple's customers already have access to Siri anywhere and everywhere they might be.
Not exact matches
They still wanted to back
companies that could be both
massively profitable and make a serious dent in solving big problems like climate change, education and health.
In a similar fashion, biologics, which are a class of drugs created from the isolated tissue or cells from living beings (instead of being chemically synthesized), have become
massively profitable for pharmaceutical
companies.
Generally speaking, Alphabet pursues a broader strategy of launching a smattering of independent tech
companies in hopes of finding the next big thing outside Google's
massively profitable online advertising business.