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SpokenTruth said:
theprof00 said:
Not sure what this thread is supposed to be about.
I would hope nobody actually thought that sony is 'beating ms' because of playstation.

I'm curious to know who actually would've said that to be honest.

Not so much beating MS but many people believe that the company as a whole is financially sound just because the PS4 is selling well.  And on the other side many people think that Nintendo is either near bankrupt or going to be forced to merge/go 3rd party just because the Wii U isn't selling well.

The point is that the true health of either of those companies cannot be judged solely on the success of failure of their current products but a lot of people do just that.  You have to assess their solvency.  How much liability and debt they carry against how much cash and assets they hold.

 



Sony is financially sound. It has a net worth of $22 billion according to your table, which is more than the Assets+cash and short term investments of Nintendo. So people believe Sony is financially sound, because it actually is. 

But it's not just where each company is sitting at this moment in time, it's about which direction they are going. Is the net worth getting bigger or smaller?Once you know that, then you have an idea of risk.





“The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt.” - Bertrand Russell

"When the power of love overcomes the love of power, the world will know peace."

Jimi Hendrix