Take-Two's Q1 Bling Report

pretty interesting to see the difference developing for consoles makes for an integrated big dog.

http://ir.take2games.com/ReleaseDetail.cfm?ReleaseID=189646

this is great. what is it again?

Can't complain too much about earning $50 million even if it was less than the year before.

I'm always amazed when a company can turnover $250,000,000 and make a loss! Makes me feel good that a company I used to run made £300,000 a year and retained £100,000 as net profit i.e. 1/3rd.

Heh, they made $253,000 in interest alone!! I wouldn't mind a bank account like that.

A loss is a loss.. If I had to make 100 billion, and I made only 50 billion, I would be CRYING in sheer AGONY.. I would be labeled as the CEO who lost 50 billion dollars :'(

Well, here despite the big Caloifornia deficit, were giving 3 billion of the health budget towards set top boxes for the poor, so that anyone with an old TV system can watch all the channels availiable without buying new sets.

Yeah, 'cause TV is REALLY important for poor people, 'cause they can watch all the people on TV who have more money than them an' get real ed-u-kated and stuff about real life and totally forget about how having no money just sux.

Don't you just love corporate double-speak?

"We're taking a hard look at every aspect of our business"
(looking for people to sack)

"and are balancing the need to manage expenses"
(sacking lots of people)

"while investing in creative resources and the infrastructure needed to support our diversification efforts"
(making those who didn't get sacked work twice as hard)

"Most importantly, we will continue to focus our development resources on creating great content and further leveraging our proprietary brands"
(turning out the same tired old game with better graphics)

TV and Achohol = social control.

However, that idea is flawed. You didn't LOSE 50 billion, you just didn't earn it.

It's actually a flawed business concept. No matter how much money you've earned, you have to earm more next time? I think they are setting themselves up for failure, eventually.

Look at Microsoft, for example. They are a doomed business. Once they've finally constructed the ULTIMATE operating system, what's next? There's only one direction to go once you've reached the top.

In my opinion, Windows XP Professional IS the ultimate OS for me. It does everything I want an OS to do. There is no need for me to invest in anything else (i.e. Vista).

Once everyone has a copy of the DO-ALL-END-ALL operating system, there won't be any more income from operating systems for Microsoft. They will ultimately crumble, unless they can change their focus to something else EVERYONE wants, which will be tough to do, since not EVERYONE wants the same thing EXCEPT for an OS (you NEED an OS to use a computer).

Yup. Otherwise you stock wouldn't keep rising. You share price is based on your expected profits, if your profits don't meet expectations, you have lost money (reflected by the fall in your stocks value).

Well that's pretty much the same question Microsoft execs have been asking themselves for the last decade or so. The result of that is the XBox and .Net.

But your example is flawed. First of all, they are never going to make the ultimate OS. Secondly they have a monopoly, so they can just charge more.

Software support. You might not ugrade to Vista, or whatever comes after that, but eventually the Win32 platform will be phased out, and you will have to upgrade to .Net 2.0 or whatever is powering Windows by then.

Not completely flawed. Like I said, I don't need anything but what I currently have. They won't be getting any sales out of me for some time...

I know. I'm just saying that it's a flawed system. Even though the company made $50 MILLION dollars in profit, it's considered a loss.

I wish I had such losses.