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Sogreblute on 19 January 2022
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haxxiy said:
Sogreblute said:

These acquisitions take years of talks and negotiations. Unless Sony has actually been in talks with a publisher then it ain't happening anytime soon if ever. Also, I highly doubt Sony would acquire a big publisher. I think people heavily overestimate the amount of money Sony has in the bank.

Sony has like $45 billion on hand my dude.

Besides, what is cash, really, when you're smart about it? AMD has $3 billion on hand and bought Xilinx for $35 billion...

I don't think you understand what "cash in hand" means. It is literally not possible to have negative cash in hand. That cash is used for paying salaries, rent, tax, utilities, electricity, etc. That cash includes what they have in the bank and can immediately access. They will definitely not spend all of it, but cash in hand doesn't mean they can spend all of it however they choose.

https://www.indeed.com/career-advice/career-development/cash-on-hand

https://www.accountingtools.com/articles/days-cash-on-hand.html

https://investory.io/cash_on_hand/#:~:text=The%20Cash%20on%20Hand%20KPI,day%20of%20the%20reporting%20period.