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Forums - Sales - MikeB's past predictions

kowenicki said:
liabilities...

hmmm?

you do know that sony has 513 billion in yen out in the market via corporate bonds... ? all has to be repaid someday.

513b yen = $5.4b*

Sony's total assets = $230.5b

Sony's total equity (assets - liabilities) = $50b

 

Sony are not about to go bankrupt by any stretch of the imagination. Pointing out that Microsoft are bigger is a bit redundant. I don't think anyone would ever dispute that. They do have less assets and lower equity, though.

 

* straight currency conversion at current rates.



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Game_4_Anything said:
kowenicki said:
liabilities...

hmmm?

you do know that sony has 513 billion in yen out in the market via corporate bonds... ? all has to be repaid someday.

513b yen = $5.4b*

Sony's total assets = $230.5b

Sony's total equity (assets - liabilities) = $50b

 

Sony are not about to go bankrupt by any stretch of the imagination. Pointing out that Microsoft are bigger is a bit redundant. I don't think anyone would ever dispute that. They do have less assets and lower equity, though.

 

* straight currency conversion at current rates.


Actually Sony's equity is 3 trillion yen or $31.7 billion according to their last financial report:

http://www.google.com/finance?fstype=bi&q=NYSE:SNE

$130b in assets and $100b in liabilities.

 



My Mario Kart Wii friend code: 2707-1866-0957

lol @ all the pissed people! GJ Mike



kowenicki said:
If Mikeb sets himself up with a thread of "amazing" prediction self congratulation... hasnt he thereby allowed a similar thread of mikeisms to be started?

you know.... like how celebs whine about intrusion???

Yes please!  I do enjoy his latest false quote that you have in your sig!  This is the kind of crap he tries to pull all the time.  Deceive others when he know's nothing.



kowen, you remind me more and more of Victor Meldrew every day.



                            

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I don't bloody belive it!



W.L.B.B. Member, Portsmouth Branch.

(Welsh(Folk) Living Beyond Borders)

Winner of the 2010 VGC Holiday sales prediction thread with an Average 1.6% accuracy rating. I am indeed awesome.

Kinect as seen by PS3 owners ...if you can pick at it   ...post it ... Did I mention the 360 was black and Shinny? Keeping Sigs obscure since 2007, Passed by the Sig police 5July10.
Game_4_Anything said:
kowenicki said:
liabilities...

hmmm?

you do know that sony has 513 billion in yen out in the market via corporate bonds... ? all has to be repaid someday.

513b yen = $5.4b*

Sony's total assets = $230.5b

Sony's total equity (assets - liabilities) = $50b

 

Sony are not about to go bankrupt by any stretch of the imagination. Pointing out that Microsoft are bigger is a bit redundant. I don't think anyone would ever dispute that. They do have less assets and lower equity, though.

 

* straight currency conversion at current rates.

There's no doubt that MikeB's Asset talk is wrong (although in very basic terms it's true), however it's no fact that MS are the bigger company.

The size of a company can be measured in various ways, Market Cap being one of the main ones. Assets, employee count, product count, revenue and worldwide influence can also decide on how big a company is, so it's quite opinionated. Microsoft are in a better financial state I think would be a better way of putting it.



On another note, I think MikeB has done a good job on many predictions, but sometimes not so good ;)



"Even a blind dog finds it's balls eventually."



The Truth said:
Game_4_Anything said:
kowenicki said:
liabilities...

hmmm?

you do know that sony has 513 billion in yen out in the market via corporate bonds... ? all has to be repaid someday.

513b yen = $5.4b*

Sony's total assets = $230.5b

Sony's total equity (assets - liabilities) = $50b

 

Sony are not about to go bankrupt by any stretch of the imagination. Pointing out that Microsoft are bigger is a bit redundant. I don't think anyone would ever dispute that. They do have less assets and lower equity, though.

 

* straight currency conversion at current rates.

There's no doubt that MikeB's Asset talk is wrong (although in very basic terms it's true), however it's no fact that MS are the bigger company.

The size of a company can be measured in various ways, Market Cap being one of the main ones. Assets, employee count, product count, revenue and worldwide influence can also decide on how big a company is, so it's quite opinionated. Microsoft are in a better financial state I think would be a better way of putting it.

Correct, Sony is bigger when talking about assets, equity and workforce. Market Cap is a very subjective measurement greatly affected by hype and momentum. For example the tiny Be Inc was once a billion dollar company based on Market Cap, basically because their product was technically superior to Windows. But Microsoft with its monopoly might, pressured companies not to do business with them and they bankrupted quickly.

The bulk of Micorosoft's Market Cap value is based on this monopoly. If the market decides to opt for alternatives en masse, the Market Cap value will take a plunge. It could change dramatically within a very short timespan. Sadly currently most good alternatives have meanwhile been destroyed or minimalized, but who knowns maybe Google, Apple (if they get support from hardware manufacturers and allow cloning) or some other big company can change this for the future. IMO all that's really needed is viable competition for desktop PCs, also cloud computing could help bring down the monopoly.



Naughty Dog: "At Naughty Dog, we're pretty sure we should be able to see leaps between games on the PS3 that are even bigger than they were on the PS2."

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