Whatever the actual net margins, I’m guessing any “80%” kind of figure is calculated as of full utilization of the hardware / capital, which of course they’ll rarely if ever even approach.
Even if margins are “only” 20% though, the magic beans are still real: If you could build (or rent) a box, fill it with magic beans, and get 20% margins against demand stretching out to the horizon, Wall Street would rob their grandmothers to give you cash to build or rent more boxes.
Whatever the actual net margins, I’m guessing any “80%” kind of figure is calculated as of full utilization of the hardware / capital, which of course they’ll rarely if ever even approach.
Even if margins are “only” 20% though, the magic beans are still real: If you could build (or rent) a box, fill it with magic beans, and get 20% margins against demand stretching out to the horizon, Wall Street would rob their grandmothers to give you cash to build or rent more boxes.