OK, OK!!! So the deal with Nintendo being in a worse position is purely opinion...geeze! On the other hand, I suppose I should have known I couldn't slip a micky in on you guys.
And, Burg, don't get my taste wrong. I do like my GameCube. And you're correct in stating I avoided very many other games that are must haves (Animal Crossing, Zelda, Animal Leader, Doshin, etc.), but again, I was making an attempt at injecting a baseless opinion, mine, into a hard-facts discussion. My bad.
Now, on to the stuff I know I know about.
Of course they aren't willing to take the losses forever! I was simply making a case against the unyeilding, all encompasing power of the stockholder you seemed intent on expressing. The stockholder has nothing, quite litterally, to do with the operations and decision making of the company aside from their decision to front the initial investment. Even if the holders decide to sell their stock, they aren't selling it back to MS, they're selling it on a secondary market, which means the only money MS owes them are back-logged dividends, not the sum of their initial investment.You're making a bit more sense, but the staggering Xbox losses are very well-publicized, and give the fragile state of the economy, MS might not be willing to take those losses forever.
The board of directors (IE majority stockholders) can decide to sell the company, by selling their stock to another company, but that's it. That's the only decision they can make. And it doesn't concern operations!
So, it's MS as a company, not the stockholders, who make any and all decisions concerning operations. The production/continued production of the XBOX at a loss is the company's decision.
Not to mention the fact that they have forecast every earning/loss on their accounting ledger prior to it actually happening. It's accounted for as an "Incured Expence." All of the losses they have taken up to this point, give or take, were foreseen and expected. Maybe they're losing a little more than forecast, maybe a little less, but it was all forecast. Them sinking the price of the BOX in EU and JP was accounted for years before they actually did it.
It's the same with all companies. If they don't do it this way, they're doing something terribly wrong.
I agree the issue of them "having so much money" is, and always was, irrellivant. I never purpotrated such a sentament.The argument that MS has so much money is irrelevant - I still get pissed if I lose a $20 bill, even if I have a few Gs in the bank. The only reason that MS will stay in the game is if there's hope for future profits, but as current prospects dim, so do future prospects, and eventually, MS will have nothing left to play for. Unless the circunstances change.
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