| sethnintendo said: If Nintendo is taking a hit then Sony is definitely taking a hit in profits due to currencies fluctuation. Europe isn't looking too hot right now and they need to get their act together. The euro is looking pretty weak now compared to what it used to be. If the dollar stays strong/strengthens more then this should help both companies for USA region. Anyways, the whole global economy is in a rut and I don't see it getting too much better for certain regions anytime soon. USA is still way off from recovering and Europe is even further. |
I agree. The thing is it works both ways. Nintendo, Sony and MS did well when the euro was strong which resulted in good revenues. They must take the rough times with the smooth. The truth is the euro is still better than it was a few years ago (2006/2007) but it's rapid rise after disguises this fact.
The dollar is in a better position at the moment but in this volatile economic environment there is no guarantee that it wont nosedive in the foreseeable future (depending on which "expert" you believe).
