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Ryuu96 on 23 October 2023
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KLXVER said:
gtotheunit91 said:

You probably should have read the link before making this comment. In short, Xbox was still in the profit margin even in their worst first party output year being 2022. 

Corporate BS talk. You should know better by now. How the hell would they make that kinda money after buying like 10 studios? Ridiculous...

It's not corporate BS talk, it's basic business finance, economics, in relation to Mergers and Acquisitions.

KLXVER said:
gtotheunit91 said:

Corporate BS talk? This is financial information they provided directly to the FTC you can call BS all you want, but numbers don't lie. If you want to ignore every piece of financial information that a publicly traded company provides during legal proceedings, that's your prerogative. 

You screaming "they're losing money because I think so!" doesn't change anything. 

Yeah, its like a guy with a million dollar debt bragging about making 100 dollars. Great job...

They aren't taking on any debt, Lol. Except Activision-Blizzard's debt...Which is $3.6bn (but Activision-Blizzard has over $10bn in hard cash in their bank too, Lol).

Microsoft is using pure cash for the transactions because they had $100bn sitting in the bank doing f*ck all, Lol. They aren't borrowing for this, they aren't financing it any other way than their own pure cash.

$69bn in cash is converted into $69bn in assets.

Again, Phil literally explained this to FTC's lawyer, gave him a little economics 101 to which FTC's lawyer had absolutely no rebuttal and after consulting the rest of FTC's team, instantly ended his line of questioning because he didn't know what he was talking about.