Microsoft's game division suffers $1.89B shortfall

[Zaphod]

Originally Posted by dialog_gvf

Sony has shown they can make great gobs of money from consoles. Microsoft is now about $7 billion in deficit with the Xbox franchise.

Gary

Yeah, but when you have like 60 billion in CASH reserves, this is a drop in the bucket...although a pretty big drop!

[Blus Brother]

Originally Posted by Zaphod

Yeah, but when you have like 60 billion in CASH reserves, this is a drop in the bucket...although a pretty big drop!

LOL That is about how much Gates is worth - that includes what he owns, their cash availability is much lower.

[Zaphod]

Originally Posted by bosels11

LOL That is about how much Gates is worth - that includes what he owns, their cash availability is much lower.

Actually that is cash reserves, a couple of years ago when they started offering dividends for their stock they had about 50-60 billion in cash reserves and the reason they started offering dividends was due to this overabundance of cash.

From the Microsoft Annual Report:

Cash for the following years:

2004 - $60 billion
2005 - $38 billion
2006 - $34 billion

And for comparisons sake

From the Sony Annual Report

Cash for the following years (converted from yen)

2005 - $4 billion
2006 - $4.75 billion

[Nismobeach]

Originally Posted by Zaphod

Actually that is cash reserves, a couple of years ago when they started offering dividends for their stock they had about 50-60 billion in cash reserves and the reason they started offering dividends was due to this overabundance of cash.

From the Microsoft Annual Report:

Cash for the following years:

2004 - $60 billion
2005 - $38 billion
2006 - $34 billion

And for comparisons sake

From the Sony Annual Report

Cash for the following years (converted from yen)

2005 - $4 billion
2006 - $4.75 billion

Feel free to post up a link to a reputable site which substantiates your claims.

[Zaphod]

Here you go:

2006 Microsoft Annual Report

http://www.microsoft.com/msft/report...0k_fr_bus.html

Under Financial Highlights for Microsoft's Report

2006 Sony Annual Report

http://www.sony.net/SonyInfo/IR/fina...00000aksmr.pdf

Page 64 for Sony's Report

[dialog_gvf]

Xbox is currently the business run by Jr. that super-rich Dad props up.

Just because he CAN afford to support it indefinitely, WILL he?

At some point the Microsoft shareholders will get sick of seeing their money thrown away. Someone ask them if they'd prefer another 70 cent per share in dividends, or the Xbox franchise.

Gary

[JTK]

Originally Posted by dialog_gvf

Xbox is currently the business run by Jr. that super-rich Dad props up.

Just because he CAN afford to support it indefinitely, WILL he?

At some point the Microsoft shareholders will get sick of seeing their money thrown away. Someone ask them if they'd prefer another 70 cent per share in dividends, or the Xbox franchise.

Gary

http://www.dailytech.com/Microsoft+A...rticle8119.htm

One wonders how long that will take with mixed signals like these?