Azelover said:
Actually, Microsoft doesn't have the money. Their stagnated stock price has made their stock holders hungry for dividends. Right now, even though the entire company has many times more market value, their cash reserves are almost equal to that of Nintendo's and I don't mean just the gaming division. Technically speaking, Nintendo could match their offers without using debt money. So it's a little pointless to think in those terms. And besides, would you really want gaming to just be purchased like that? |
Might want to check your sources.......
Nintendo had cash reserves of a little over 10 billion$ by mid 2008, so by now they should have around 12-13 billion$ of cash or so.
Microsoft had 25 billion$ of cash by end of Q1, by now they should have around 27 billion $........
As for share price Nintendo is actually the one under more pressure these days to do something to boost the share price (more dividends or another buy back program).
Microsoft share is off 22% of its high of 36$/share at the beginning of 2008.
Nintendo by comparison if off 53% of its all time high at the end of 2007.
And Apple just set a new all time high last week :P


















