What happend to the "Sony is going to buy Rockstar" rumor?

[fighter]

Solid_Snake4RD said:

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.

financial results are an obligation but they do not disclose the exact amount of liquid or tangible assets.

 

and what debt are you talking about Sony,Sony just has loses but no debt.

Debt is what you have to pay back.Losses are suffered on your existing cash invested.

 

Abt "Nintendo has way more financial power than sony".I would have even considered you were debating if you said Nintendo had more liquid assets but you are talking about the whole Fiancial power and in that case Nintendo is noway near sony

 

Nintendo assets overall -$19b

Sony assets overall - $231b

 

LOL you are actually clueless

http://www.google.com/finance?fstype=ii&q=NYSE:SNE

 

Financial power is self explanatory dude, whenever You want to buy something the easyness with wich you will do it depends on your purchase power. The more debt you have the less people are going to let you take risks.

 

Nintendo has almost always maintained huge liquidities in order to invest as it wants. Sony on the opposite has been confined in a doyuble binding since the 90's to maintain its' infrastructures (which can be measured by its' assets : fuckng heavyweight man) while trying to remain responsive, fit and competitive.

Since japanese are allergic to lay-offs in general Sony has had to call an American CEO for it to make the tough decisions. In the meantime it has contracted quite a few debts :

				2009  -  2008  -  2007  -  2006

Total Current Liabilities	3,810,900.00	4,023,367.00	3,551,852.00	3,200,228.00
Long Term Debt	660,147.00	729,059.00	1,001,005.00	764,898.00