Euro/Pound dive against the Yen

[Slimebeast]

Bodhesatva said:

Think of it this way Slime: EU revenue just dropped 3% in a single day for Japanese companies. The money they made today is wroth 3% less than it would have been yesterday.

If that does hold up for months, you may be looking at, oh, 2-3B in revenue between Sony/Nintendo in the quarter (MS is less affected). 3% of 3 Billion dollars is 90 Million dollars. Just gone. Just this quarter.

Well, in Dollar numbers it sounds huge, yes, and let's say Sony's profit margin is 5% and if those 3% were subtracted from those 5% then it would be huge, but I suppose it dont work like that. (more like a % decrease from their gross margin, so that say 40% gross margin becomes... nevermind, I dont know what Im talking about lol)