leo-j said:
um nintendo is not even close to sony in terms of cash reserves, idk where you are getting your info from: assests (billions): Nintendo: 17.87 Sony: 124.12 http://www.forbes.com/lists/2009/18/global-09_The-Global-2000_Prof_2.html |
Assets are not cash reserves.
Industrial and manufacturing companies tend to have a high asset values. This does not make them valuable companies. Assets usually carry liabilities. For example, you can own a multi-billion dollar factory. But that factory will have employees you have to pay, insurance, maintenance, and debt. Assets may depreciate over time as well, especially with high-tech assets.
Another way of looking at assets it is like this.
Person A owns a McMansion. It's worth $2million. It might sell on the open market for $1.5 million.
Person B owns a small house. It's worth $250,000. It might sell on the open market for $225,000.
Who is richer?
.....
...
Person A owes $1.9 million dollars on the house. In addition, the McMansion requires several thousand dollars of insurance and maintenance each month. Person A is currently unemployed and has $100,000 in savings.
Person B owns their house outright, no debt. The upkeep is minimal, just a couple hundred a month. Person B makes $200,000 a year and has savings of $1 million.
This is why asset totals are meaningless without context.
Anyone can guess. It takes no effort to throw out lots of predictions and have some of them be correct. You are not and wiser or better for having your guesses be right. Even a blind man can hit the bullseye.

















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