kowenicki said:
kitler53 said:
Kynes said:
People don't seem to get the importance of the exchange rate. Please took a look at this graph:
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Sony and Nintendo get half the yens than 4 years ago from the same console sold at the same price. You add the price cuts, and now they get less than a third of the money they got four years ago from the same console, as Kowenicki already said in this thread talking about past price cuts. Japanese companies are going to have a really hard time in the near future.
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now that's a good post, i knew about the yen issue but that graph really puts it into a perspective that is easy to grasp.
damn..
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Similar for the Dollar/Yen....
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I know I was labelled as some kind of doom merchant in the past... but I was only saying what I saw and what was pretty obvious to anyone that cared to look.
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i'm not sure i'd say doom merchant. i just think most of the time you speak in tongues. i guess it is partly my fault for not being more educated but i generally can't follow your analysis. it is pretty clear though that japan is fucked and sony/nintendo are no exceptions. i hope they can pull though but i'm not really expecting it.
