SEGADRIVE, is SEGA planning NEW console with it?

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RiilihShimo
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Re: SEGADRIVE, is SEGA planning NEW console with it?

Post by RiilihShimo »

comradesnarky wrote:
MrSega wrote:Comaradesnarky, there's no reason for you to post on this topic if you don't believe in any speculation.

Also SEGA does not have 1.8 million in cash, they just posted a $4.5 billion dollar revenue earnings report for the previous fiscal year. That claim that they don't have much money is erroneous, SEGASammy holdings is worth $28 billion in assets.
Bob Dobbs wrote:$ 4.5 billion is confirmed - end of line
http://en.wikipedia.org/wiki/Sega_Sammy_Holdings

Mr. Sega for the win!
It's now MrSega and Bob Dobbs for the loss.

Revenue is all of the income of your business. Revenue is before you cover any of your expenses. Expenses would be game development costs all the way to electricity bills.

Look at it like this; if I make $5 billion in revenue, but my expenses are $6 billion, then I have a net loss of $1 billion, regardless of my $5 billion in revenue.

If I make $5 billion in revenue, and my expenses are $4 billion, I have net gain (profit) of $1 billion. You can read up on profit here.

The figure I cited in my massive post ($1.8 billion) is their total retained earnings (retained earnings are your profits after paying things that aren't expenses, such as stockholder dividends) that are carried over from earlier fiscal years (accounting periods) plus their latest. For the most recent fiscal year their retained earnings were $1.3 billion, meaning their cash stores were completely pathetic before this past fiscal year.

Also: assets are considered goods which are not easily converted into cash. They aren't considered a part of your cash resources because, simply put, they aren't. Assets are things like your building and all of the desks and computers.

Also also: I'm going to start charging tuition to read my posts so I can make up some of mine...
"It's now MrSega and Bob Dobbs for the loss." That was rude.
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MistaBuck
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Re: SEGADRIVE, is SEGA planning NEW console with it?

Post by MistaBuck »

comradesnarky wrote:
MrSega wrote:Comaradesnarky, there's no reason for you to post on this topic if you don't believe in any speculation.

Also SEGA does not have 1.8 million in cash, they just posted a $4.5 billion dollar revenue earnings report for the previous fiscal year. That claim that they don't have much money is erroneous, SEGASammy holdings is worth $28 billion in assets.
Bob Dobbs wrote:$ 4.5 billion is confirmed - end of line
http://en.wikipedia.org/wiki/Sega_Sammy_Holdings

Mr. Sega for the win!
It's now MrSega and Bob Dobbs for the loss.

Revenue is all of the income of your business. Revenue is before you cover any of your expenses. Expenses would be game development costs all the way to electricity bills.

Look at it like this; if I make $5 billion in revenue, but my expenses are $6 billion, then I have a net loss of $1 billion, regardless of my $5 billion in revenue.

If I make $5 billion in revenue, and my expenses are $4 billion, I have net gain (profit) of $1 billion. You can read up on profit here.

The figure I cited in my massive post ($1.8 billion) is their total retained earnings (retained earnings are your profits after paying things that aren't expenses, such as stockholder dividends) that are carried over from earlier fiscal years (accounting periods) plus their latest. For the most recent fiscal year their retained earnings were $1.3 billion, meaning their cash stores were completely pathetic before this past fiscal year.

well god damn... You sure are one smart guy

..wait...

How much does the company cost
as in
What is the company worth..?

I think they STILL might be able to pull this off...
I'm just less sure now because of you, man

aAAAAAAAAAAAAAAAAAAAAAAA
Natural Harmonia Gropius

comradesnarky
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Posts: 284

Re: SEGADRIVE, is SEGA planning NEW console with it?

Post by comradesnarky »

MistaBuck wrote: well god damn... You sure are one smart guy

..wait...

How much does the company cost
as in
What is the company worth..?

I think they STILL might be able to pull this off...
I'm just less sure now because of you, man

aAAAAAAAAAAAAAAAAAAAAAAA
It's hard to tell, just because if the company were being sold, there would be a whole hell of a lot of negotiation and haggling on the price. They have a hell of a lot of assets that are worth a lot of money, but the business itself isn't something that's... extraordinary. It's not bad, but it's not good either.

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MistaBuck
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Re: SEGADRIVE, is SEGA planning NEW console with it?

Post by MistaBuck »

comradesnarky wrote:
MistaBuck wrote: well god damn... You sure are one smart guy

..wait...

How much does the company cost
as in
What is the company worth..?

I think they STILL might be able to pull this off...
I'm just less sure now because of you, man

aAAAAAAAAAAAAAAAAAAAAAAA
It's hard to tell, just because if the company were being sold, there would be a whole hell of a lot of negotiation and haggling on the price. They have a hell of a lot of assets that are worth a lot of money, but the business itself isn't something that's... extraordinary. It's not bad, but it's not good either.

ah.. i see

oh bah!
Who knows what gonna happen anymore

We'll still have to wait in a long run
So, If anything Happens Great
If anything doesn't happen...well...Great

As long as the vidya stays vidya, I'll be cool with it
Natural Harmonia Gropius

MrSega

Re: SEGADRIVE, is SEGA planning NEW console with it?

Post by MrSega »

No Comarade, your wrong. Never mind your very snide and rude comment. You forgot net earnings totalled, and operated income.The $4.5 billion is SEGA Corporation's net sales earnings and revenue, no money is lost on taxes and operating income. Its the gross earnings report that decreases earnings, the $4.5 billion for the Fiscal year ending March 31,2010 states a $5.0 billion gross of pretax profits for SEGA Corporation with $500 million paid in taxes and operating income loss, all totaled earnings for net $4.5 billion.

Easy math isn't it?

comradesnarky
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Posts: 284

Accounting 251, 5 credits. Instructor: Comrade Snarky, MBA

Post by comradesnarky »

MrSega wrote:No Comarade, your wrong.
:lol:
Never mind your very snide and rude comment. You forgot net earnings totalled, and operated income.
Net...earnings...totalled? Net earnings is a synonym for net income, which is a synonym for....profit.

Operated income? I'm assuming you meant operating income. Operating income is earning before income and taxes (EBIT). This is basically your unadjusted profit margin. This doesn't have any relevance to the discussion at hand.
The $4.5 billion is SEGA Corporation's net sales earnings and revenue, no money is lost on taxes and operating income.
Net sales earnings would once again be profits, which come after your revenue calculations.

The $4.5 billion is purely revenue.

How do you figure no money is lost on taxes (operating income isn't an expense account; it's a revenue account, you wouldn't be losing money from your total revenue on it unless it had a net loss)? Taxes must be paid. If you live in a state that has sales tax, you pay that sales tax out of your pocket. You don't have some mystical tax fund set up that doesn't cut into your primary funds.
Its the gross earnings report that decreases earnings,
Uh, dude, a gross earnings report shows how much your employees make.

its function is purely for managers, and it isn't a publicly released document. Employee payments are considered an expense account though. You can find them on the annual report under "wages and benefits payable."

the $4.5 billion for the Fiscal year ending March 31,2010 states a $5.0 billion gross of pretax profits for SEGA Corporation with $500 million paid in taxes and operating income loss, all totaled earnings for net $4.5 billion.
I'm about to start taking screenshots of the annual report and circling things. Go to my prior post. Page 61. It's the 2010 annual report. Guess what? 1.8 billion retained earnings.

Further proof that you don't know what you're talking about... you believe that taxes and operating losses are the only things Sega pays. You think they're getting electricity, employees, rent payments all out of some act of a truly giving god?

I don't even know where you're getting these numbers at. Do you?
Easy math isn't it?
Apparently not for you. I don't even want to hear that it's a rude comment if you're going to argue with me when you don't know what you're talking about.

I mean, really? This is all written down in a document that I linked to. $1.8 billion in disposable cash, called retained earnings. It's right in front of your face, Sega wrote it down, Sega are not lying. If they were lying they could be fined millions of dollars.
Last edited by comradesnarky on Tue Mar 22, 2011 11:25 pm, edited 1 time in total.

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MistaBuck
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Re: SEGADRIVE, is SEGA planning NEW console with it?

Post by MistaBuck »

@comradesnarky

I WANT TO BELIEVE

however...

You're right about it money-wise
and MrSega is right about it Patent-wise

So in conclusion

I believe both of you
for different reasons

and like I said earlier...whatever happens, happens
Natural Harmonia Gropius

MrSega

Re: SEGADRIVE, is SEGA planning NEW console with it?

Post by MrSega »

MistaBuck wrote:@comradesnarky

I WANT TO BELIEVE

however...

You're right about it money-wise
and MrSega is right about it Patent-wise

So in conclusion

I believe both of you
for different reasons

and like I said earlier...whatever happens, happens

That is right. Whatever happens happens. Until we get more information and circumstancial evidence, lets focus on the KIDSPAD.
We know its real, no matter what is disputed by all naysayers. Because the trademark exists. ITS REAL. ITS LEGIT.

That cannot be disputed. Noir can assumptions on what exactly it really is for can be determined.

comradesnarky
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Posts: 284

Re: SEGADRIVE, is SEGA planning NEW console with it?

Post by comradesnarky »

MrSega wrote: That is right. Whatever happens happens. Until we get more information and circumstancial evidence, lets focus on the KIDSPAD.
We know its real, no matter what is disputed by all naysayers. Because the trademark exists. ITS REAL. ITS LEGIT.

That cannot be disputed. Noir can assumptions on what exactly it really is for can be determined.
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MistaBuck
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Re: SEGADRIVE, is SEGA planning NEW console with it?

Post by MistaBuck »

comradesnarky wrote:
MrSega wrote: That is right. Whatever happens happens. Until we get more information and circumstancial evidence, lets focus on the KIDSPAD.
We know its real, no matter what is disputed by all naysayers. Because the trademark exists. ITS REAL. ITS LEGIT.

That cannot be disputed. Noir can assumptions on what exactly it really is for can be determined.
Image

FUCKIN SERVED

ahem...

I keep trying to say; the kidspad is nothing more than a toy.

I kind of believe this patent as some sort of "plan" from Sega to do something, but I just don't know what yet.

In any case, I still choose to be both of you.
because you might BOTH be wrong
Natural Harmonia Gropius

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