| FishyJoe said: Those are called dividends. Sony doesn't have any dividends. Nintendo has a pretty good sized one for a tech company. MS has a small one. In addition, Sony does not have a lot of money. In fact Sony is in debt and owes more money than it has. MS and Nintendo both have a surplus, which puts them head and shoulders above Sony in terms of financial stability. |
First, delete row icon for the win. So easy to clean up multiple quotes.
MS does not pay out large dividends as MS prefers to sit on a pile of cash. This is because when they pay out dividens, stock holders have to pay income taxes on the divdends they receive. This is fairly common amongst companies largely owned by wealthy (Bill Gates) people. They prefer the profits to sit with the company so they do pay income tax on the dividends. This causes the share price to rise in case this wasn't obvious.
Yet, today, America's leaders are reenacting every folly that brought these great powers [Russia, Germany, and Japan] to ruin -- from arrogance and hubris, to assertions of global hegemony, to imperial overstretch, to trumpeting new 'crusades,' to handing out war guarantees to regions and countries where Americans have never fought before. We are piling up the kind of commitments that produced the greatest disasters of the twentieth century.
— Pat Buchanan – A Republic, Not an Empire
