Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
User Settings
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Report this Comment
Use this form to report the selected comment to the moderators. Reporting should generally be used only if the comment breaks forum rules.

59. Re: More Big Picture Details Mar 2, 2013, 14:35 Dev
HorrorScope wrote on Mar 2, 2013, 14:16:
Dev wrote on Mar 2, 2013, 14:07:
Actually what the big companies do is make plenty of profit on paper and in reality. Then they just do a perfectly legal double irish with dutch sandwich, and pretty much not pay any of it to the gov.

Apple and Google are just a couple examples, there's plenty more.

The difference is the two examples you post are making and reporting plenty of profit and their stocks reflect that. Where as EA shows huge losses on there public quarterlies aka on paper.
Obviously. Which more than likely means they are actually losing money in reality (not just paper). There's no upside to a company trying to lose money on paper instead of the double irish with dutch, especially if its a company with a lot of IP. One of the differences between a losing money (even if you believe its just on paper) and making money company is stock prices, which makes a huge difference to a ton of things. Not the least of which is stock options and bonuses to CEOs. So they have personal making tons of income reasons to show profit.

Beamer wrote on Mar 2, 2013, 14:28:
Please stop saying "only loses money on paper."

People tend to say that a ton because it's true in Hollywood. Do you know what else is true in Hollywood? The companies are divisions of other companies.
I agree with your overall point, but a minor nitpick, the music industry also does hollywood type accounting.
Login Email   Password Remember Me
If you don't already have a Blue's News user account, you can sign up here.
Forgotten your password? Click here.


Blue's News logo