leo-j said:
thranx said:
Icyedge said:
thranx said: nintendo has more cash reserves than sony. |
That is true only if you take the gaming division by itself. Im surprise so much person think Nintendo is bigger than Sony.
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no, that is the case for taking nintendo against all of sony. sony may have more invested in actual land (property) and factories. But even that i am not sure would outweigh the cash reserves of nintendo. I'm suprised at how many people do not realise nintedo is a fiscally responsible company that does not sell equiptment at a loss.
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um nintendo is not even close to sony in terms of cash reserves, idk where you are getting your info from:
assests (billions):
Nintendo: 17.87
Sony: 124.12
http://www.forbes.com/lists/2009/18/global-09_The-Global-2000_Prof_2.html
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Assets do not equal cash. Sony currently has twice as much debt as cash on hand.