*smacks self*
bad me..bad bad me..
^_^
The gist of what I got from the article, was that the upfront costs to
manufacture the console, then sell it, is only just offset by the
revenue from a one year subscription from someone.
I, and I would expect over 90% of those reading the article if not more,
have no idea about the differences between Equity and Debt etc. either.
I do agree that it seems a lot more profitable and simpler to simply
finda software model to distribute games directly to the end user using
their existing PC Hardware.
-Gel
-----Original Message-----
From: Won Lee [mailto:[EMAIL PROTECTED]
Firstly, I hope that Gel wrote the title and that the reporter or
analyst
didn't misspell Economic. Gel misspelling economic is no big deal. An
analyst or reporter misspelling economic is a huge deal.
Secondly, the article interchanges the term debt and equity.
I'm not saying the business model is solid or the venture might
succeed. I'm just pointing out that his numbers don't add up because
his
assumptions and basic finance knowledge is very lacking.
[Todays Threads] [This Message] [Subscription] [Fast Unsubscribe] [User Settings] [Donations and Support]
