Kynes on 30 June 2010
| Solid_Snake4RD said: its the same for 360 and Nintendo you may not realise but people get on top of you |
Not really. Microsoft is profiting with the yen strengh. Nintendo is having their profits reduced, and by a huge amount, but they will still have billions of dollars in profits. Sony made their forecast for the 2010 fiscal year with a €/Yen ratio of 125, today it's at 108. That's a 13.6% reduction in income from Europe, their strongest market. Tomorrow the VAT in Spain goes from 16% to 18%. Sony is going to absorb it. In the UK it's going to be 20%, and probably it's going to happen the same. Don't you think this is going to hit more Sony than Microsoft or Nintendo, being in a much weaker position?
