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Kynes said:

VAT changed in Spain last 1 of July. It's going to change in UK in January 2011.

thats what i said above that it will get affected

I'm going  to ask again. Do you think PS3 had >20% in profit margins in Europe last May? If not, then It's making a loss now, because that's the depreciation in the €/Yen exchange ratio.

Yen to € ratio 1 year


thats is actually a 12% change from MAY when it was at 125 and now at 110