Microsoft to buy Activision Blizzard for 69 billion $

[VideoGameAccountant]

the-pi-guy said:

VideoGameAccountant said:

You do understand you need cash for operations right? If Sony tries to buy Square, that means they are taking a substantial about of cash from other divisions. Again, gaming is only a fourth of Sony's business, so to take up this much cash just to try and one-up Microsoft isn't feasible. Sony doesn't have a lot of excess liquidity to throw around. 

Yes, I'm aware you need cash for operations. Sony has been profiting for the past few years, their cash on hand is not declining. 

(You might point out the drop in 2020, but that's due to accounting changes, they started separating marketable securities as haxxiy mentioned above. Which is another source of source of easy cash...)

Are you aware Sony planned to spend $18 billion over the past year + the next 2 years? Primarily focusing on IP.

OK, that's nice its not declining. But I'm talking about Cash as is. As of 9/30/20. So that's not relevant.

>Are you aware Sony planned to spend $18 billion over the past year + the next 2 years? Primarily focusing on IP.

I am, but does that mean they are going to buy Square. Probably not. I'm looking at their financial position, and they aren't as big or as liquid as a lot of people want to claim. Most likely, they are going to invest in smaller/mid-sized studios and internal growth. That 18 billion was over 3 years (or 6 billion a year) and across multiple divisions. Again, I think Sony buying Square Enix is fans coping after Microsoft dealt a major blow to the brand.