Game theory: Possible outcomes for Sony/Microsoft strategy 2009.

[NJ5]

Kasz216 said:

papflesje said:
@NJ5: Hasn't sony always been doing profit (no matter how small)? I can't imagine them being so daft to spend all their profits and not keep something "for a rainy day".

They may get hit by the crisis (like many others will / have been), but that severe seems weird to me.

No buisnesses save money for rainy days to my knowledge.

Money uninvested is potential money lost.

Hell most buisnesses spend money before they even have it!

I mean that's why companys like Sony make profits yet have tons of debt in loans.

 

Microsoft saves money for rainy days. I think I remember reading something saying that Bill Gates's objective was to always have a cash reserve big enough to operate for two years without selling a single product.

I don't know if they're at that level now, but they do have a huge cash reserve which allows them to survive long after most companies would. I think Nintendo is also quite conservative with their finances.