Microsoft’s pockets not so deep for the Xbox 360 division

[bdbdbd]

JaggedSac said:

LOL.  I was very mistaken.  I looked into it and Nintendo and Sony are both doing alot worse than I thought.  And believe me, they are definitely making changes, just not as outward facing as M$.  Especially with stock trends like that.

http://moneycentral.msn.com/investor/research/wizards/srwhistory.asp?Symbol=SNEJF

	SONY	Industry Group
3 Months	-35.0%	NA
6 Months	-29.3%	NA
12 Months	-47.7%	NA

http://moneycentral.msn.com/investor/research/wizards/srwhistory.asp?Symbol=NTDOF

	Nintendo	Industry Group
3 Months	-39.7%	NA
6 Months	-32.4%	NA
12 Months	-42.9%	NA

http://moneycentral.msn.com/investor/research/wizards/SRWHistory.asp?Symbol=MSFT

	Microsoft	Industry Group
3 Months	1.3%	-14.4%
6 Months	-9.7%	-24.3%
12 Months	-11.4%	-38.2%

 

Japanese stockmarket as a whole has went down. Just because the stock price goes down, doesn't mean the company is doing worse. Nintendo will still make huge profits, but as the general trend of Sony and Nintendo going down, is because USD dropping down. Nintendo and Sony are both companies that lives largely from exporting and trading in dollars.

 

It's usually expected, that when economy goes down, people spend less money on entertainment.