Are you yourself a dumb ass?
Do you know what the hell global 500 measures? Are you aware that there are several different top 500s out there, each measuring different aspects of a company (ie, revenue, earnings, employees, etc).
In case you don\'t know... REVENUE != VALUATION OF A COMPANY!! And that means DOES NOT EQUAL. Where the hell did you go to school?
Sony\'s revenue is higher because the goods it sells has high costs involved, and hence it sells for a high price. In your scenario, GM would be the highest valued company in the world. Is that the case? No.
Why? Because cars cost a lot of money to build, so the price is high and the revenue is high as well. Your stupid claim means that GM is in such good shape that it could beat Sony AND Microsoft several times over. Why is that not the case? Because the margins are a lot lower, and investors don\'t care what you make, as long as you turn a profit. THAT is what determines the value of a comapny.
You are so stupid. DO YOU REMOTELY THINK THAT THE NUMBER OF EMPLOYEES A COMPANY HAS OR THE REVENUE IT GENERATES DETERMINS ITS VALUE???
It is called MARKET CAPITILIZATION. NOT REVENUE. If you haven\'t read your econ book, when a company accquires another company, it does so based on market capitilization. Microsoft\'s market capitlization is 370 BILLION dollars. That means that investors think Microsoft is worth 370 BILLION dollars. Sony\'s market capitilization is 70 billion dollars. That means that investors think it is worth 70 billions dollars.
So if you didn\'t learn first grade math and don\'t realize that 370 billion is worth more than 70 billion, I don\'t know what is up your ass.
If you still think that Microsoft can only buy "maybe" 1/3 of Sony based on your "findings", I invite you to look at
recent high profile acquisitions:
AOL & Time Warner: AOL acquired Time Warner. Who had more revenues? Time Warner. Who had more employees? Time Warner. Under your mentality, AOL could never have bought time Warner, but what happend? The investors weren\'t dumb like you. They realized that high revenues doesn\'t equate the value of a company, and that its stock price does (hence, the existence of the stock market). AOL was valued higher by investors than Time Warner, hence it could buy Time Warner.
Worldcom & MCI: Worldcom, a smaller telecom provider than MCI, purchased MCI in 1999. Worldcom had less revenue, yet was valued higher, hence the purchase (and subsequent name change to MCI Worldcom and now just Worldcom).
Stop wasiting my time because of your lack of a proper education.
And next time, don\'t call me son
bitch. I ain\'t your son and you aren\'t older than me.
Originally posted by ddaryl
Actually you just made yourself the fool
SOny has lots of assets is already making a profit on the PS2 and MS couldn\'t come close to buying out Sony
You should educate yourself some.
Here ya go the Global 500
http://www.fortune.com/indexw.jhtml?channel=list.jhtml&list_frag=list_global500.jhtml&list=10&_requestid=41343
please look at #30 on the list its Sony with $60,052.7 million in revenues
2000 Sales (mil.): $63,082
1-Yr. Sales Growth: 10.5%
2000 Net Inc. (mil.): $1,149
1-Yr. Net Inc. Growth: (23.6%)
2000 Employees: 189,700
1-Yr. Employee Growth: 7.2%
now lets look at Microsoft #216 on the list with $19,747.0 million in revenues
Fiscal Year-End: June
2000 Sales (mil.): $22,956
1-Yr. Sales Growth: 16.3%
2000 Net Inc. (mil.): $9,421
1-Yr. Net Inc. Growth: 21.0%
2000 Employees: 39,100
1-Yr. Employee Growth: 24.5%
MS does bring in more profit but nothing Sony couldn\'t access 3 times over.
Obviously Microsoft could only buy maybe 1/3 of Sony
Sony had profit losses last year but are already showing profits this year. MS hasn\'t even sold a single XBox yet.
step aside son
