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Do consoles lose money?
Answer: Of course, console manufacturers often sell consoles at a loss - with the usual exception of Nintendo. It's a widely accepted business practice to then recoup money elsewhere, such as from software sales (where platform holders take a cut) and subscriptions, such as Xbox Games Pass.
2024-02-11 22:14:28
Did nintendo lose money on the year of luigi?
Answer: 2013 was an apparent financial failure for Nintendo, losing $457 million in total, primarily due to the poor reception of the Wii U and its games; however, an Internet meme spread in the end of the year that declared Luigi the cause of Nintendo's financial loss.
2024-02-03 23:09:56
Do companies lose money selling consoles?
Answer: Contrary to what a lot of gamers may believe, new game consoles are usually sold at a loss. The respective company then recuperates the money over time with other business transactions, such as software sales and subscription services.
2024-01-10 23:43:48
Can i lose money in trading?
Answer: Yes, you can lose any amount of money invested in stocks. A company can lose all its value, which will likely translate into a declining stock price. Stock prices also fluctuate depending on the supply and demand of the stock. If a stock drops to zero, you can lose all the money you've invested.
2023-11-08 02:13:50
What percent of gamblers lose money?
Answer: Among the heaviest gamblers, 95% lost money.
2023-07-11 15:03:16