Sarah
10-08-2005, 03:22 PM
Denny
10-08-2005, 05:13 PM
They can afford that type of loss which just shows how much finacial backing they have. I`m pretty sure they don`t have to worry about going backrupt anyway.
CRUNCH BAR
10-08-2005, 08:56 PM
Plus, this is Microsoft we're talking about here...
Sarah
10-08-2005, 11:07 PM
They can afford that type of loss which just shows how much finacial backing they have. I`m pretty sure they don`t have to worry about going backrupt anyway.
oh, I agree completely.
I just think it's sad this is the only way they can compete. :-(
Denny
10-08-2005, 11:13 PM
oh, I agree completely.
I just think it's sad this is the only way they can compete. :-(
Yep. And they`ll always have that financial power, something that should make Sony feel nervous. Microsoft have the ability to keep themselves in the console war for many more gaming generations.
Raidenex
10-09-2005, 04:28 AM
Microsoft Market Value: US$ 237 750 000 (Forbes 47)
Liquid Assets: US $64 940 000
Sony Market Value: US$ 35 400 000 (Forbes 123)
Liquid Assets: US$ 85 140 000
Keep in mind that Sony Computer Entertainment makes up exactly one half of Sony's total operation. Microsoft Game Studios is only a small part of the Microsoft whole, and is probably very close to SCE in terms of assets. Sony could throw that sort of money around if they wanted to - and they probably will have to, to establish dominance in the next-generation.
Just thought i'd throw Nintendo's figures as well, because they're pretty impressive considering the company only does video games:
Market value: US $14 470 000 (Forbes 708)
Assets: US $9 590 000
Jagged
10-09-2005, 08:25 PM
If this were any other company losing $4 billion, they would be bankrupt. But on a more positive not, Bill Gates is slowly starting to lose his position as the world's richest man. This year, the second-richest man in the world is only a few billion dollars away from him. Hurrah! (I don't have anything against Bill though)
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