The Japanese Market is collapsing

[Just_Ben]

FishyJoe said:

famousringo said:

FishyJoe said:

Holy crap, the Japanese market is down almost 5% today. The US dollar is at an all time low. I have a bad feeling about this. Nintendo and Sony are falling too.

With the dollar so weak, it makes Japanese products very expensive in the US. Anyone hoping for a price cut from Nintendo or Sony better not hold their breath.

Consequently, this will make the Xbox 360 very cheap outside of the US.

Would it really? Aren't they built in China like everything else?

They are paying for them in US dollars to China, but are being paid in Euros or whatever country they are sold in. So for product sold outside the US, they are paying less to produce and taking more in dollars.

True, but thats also true for Nintendo and Sony-> prices fall in EU and Japan and stay (or rise) in the US. Simple, isn't it?