Sony To Post $2 Billion+ Loss

[Teeqoz]

kowenicki said:

DonFerrari said:

Ok then... let's celebrate that Sony spent 500M less than MS for basically the same effect in their gaming division.

If I buy an asset for $2bn with free cash I have then I still have the $2bn in a different form.  It has zero impact on the value of the company.

If I markd down an asset to the value of $1.5bn then I lose 1.5bn from the value of the company...add that the to 500m operating loss and yes the company will be worth $2bn less.

There is a huge difference.

One is good or neutral, one is horrible.

 

Except Mojang isn't really worth 2,5 BN dollars. That is overpriced as fuck. In reality it might be worth ~1-1,5 BN.