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Rpruett on 07 April 2010
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fighter said:
Solid_Snake4RD said:
Rpruett said:
Sony has a lot more money than Nintendo and it's not even close. Nintendo might have more active cash at a given moment but that really means virtually nothing on an overall sense.

Every asset that Sony has could be liquidated for a ridiculous amount of money and trump anything Nintendo could ever want. Game Studios, Movie studios, Music Studios, Technology, Buildings, Product lines, etc, etc ,etc.

thankyou.atleast somebody understands

 

it's not as much understanding as repeating your mistake

 

 

The financial state of Sony is publicly known (financial results are an obligation).

http://www.sony.net/SonyInfo/IR/financial/fr/index.html

 

Having such a huge debt is crippling Sony by the day. Nintendo has way more financial power than Sony.

You're failing to grasp a very simple concept here.  Sony may have lost 1 billion dollars in 2009.  (Which certainly is not good for them and hurts, but it's hardly 'crippling' Sony at this juncture.).   Sony the company is worth in the hundreds of billions (Which includes a wide, wide array of assets.)    Sony could liquidate half of their business tomorrow and make all of their 'losses' back and gain billions on top of that.   

There is no point in doing that though.  Why would they?  So their financial reports look healthier?    Certainly not.     Make no mistake about it,  Nintendo is poorer than Sony on a very real and legitimate sense. 

 

On a very simple sense,  It's a lot easier for Sony to garner 10 billion dollars on command and keep moving forward than it is for Nintendo.   For example,  If Person A has a bicycle and 20 dollars to his name and Person B has a Car and 10 dollars to his name.....Who has more money?   Person A may have more liquid cash but Person B easily could have 20x the amount of money that Person A does because they have more assets to their name. 

 

As this pertains to the thread,  I don't think Sony would dump tons of money into acquiring any of those companies because there isn't much of a need for it.