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Price Changes - 4th June 2018
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everything rises in price min wage a bag of chips smokes ( a pack of smokes was 67c back in the day ) now its 10-15$ * everyone is money hungry in a way but there is nothing you can really do nor me it is what it is what's done is done
Note: mabey it will come back to us as the players
everything rises in price min wage a bag of chips smokes ( a pack of smokes was 67c back in the day ) now its 10-15$ * everyone is money hungry in a way but there is nothing you can really do nor me it is what it is what's done is done
Note: mabey it will come back to us as the players
-Best regards Cha0sRaider
15 YEAR VET! // RSN- Cha0sraider // CLAN- SSB ( Smash Boss Bros )
18-Apr-2018 14:13:36
angel24d said:
Sorry son, that you don't seem to grasp how the real world works (or that it's not 2007 any more and 2007 prices couldn't be maintained for everyone).
Prices go up, on pretty much everything, and sometimes they go up more than once (Guthix forbid!).
And just a quick "fyi", no, you aren't MY son (nor am *I* YOUR sweetheart). In context the word was used to make this point (and not to imply that you ARE my son).
[/quote]
............
according to stats found online, jagex employees in various departments make an average between 17k pounds and 28k pounds with the high's being around 39k pounds.
if you take 320 employees times 50k usd a year salary--you get 16m usd per year. if phil waved his magic wand and gained 100 more employees--that would be 5m usd per year. making the total 420 employees at 21m usd per year.
75% of the employees having 4 years or less experience. if the us average is used at 75k usd per year that equals 24m and 7.5m equalling 31.5 m usd. 31.5m per year if the magic wand is waved.
"a large number of employees have been added" this is the basis for the hike. are they permanent or are they temporary--just until mobile launch? the increase for 100 employees is between 5m and 7.5m usd per year. this cannot be absorbed by a 75m profit?
many if not most players in this game make less than 50k usd per year, certainly less than 75k usd per year. some make the same or even less per year then they did 15 years ago.
overhead and servers were not cited as reasons for the hike. content and employees were cited.
in the real world how is an increase of 7.5m usd warranted for a"large number of employees", especially if they are temps, when the company shows a profit of 75m?
Sorry son, that you don't seem to grasp how the real world works (or that it's not 2007 any more and 2007 prices couldn't be maintained for everyone).
Prices go up, on pretty much everything, and sometimes they go up more than once (Guthix forbid!).
And just a quick "fyi", no, you aren't MY son (nor am *I* YOUR sweetheart). In context the word was used to make this point (and not to imply that you ARE my son).
[/quote]
............
according to stats found online, jagex employees in various departments make an average between 17k pounds and 28k pounds with the high's being around 39k pounds.
if you take 320 employees times 50k usd a year salary--you get 16m usd per year. if phil waved his magic wand and gained 100 more employees--that would be 5m usd per year. making the total 420 employees at 21m usd per year.
75% of the employees having 4 years or less experience. if the us average is used at 75k usd per year that equals 24m and 7.5m equalling 31.5 m usd. 31.5m per year if the magic wand is waved.
"a large number of employees have been added" this is the basis for the hike. are they permanent or are they temporary--just until mobile launch? the increase for 100 employees is between 5m and 7.5m usd per year. this cannot be absorbed by a 75m profit?
many if not most players in this game make less than 50k usd per year, certainly less than 75k usd per year. some make the same or even less per year then they did 15 years ago.
overhead and servers were not cited as reasons for the hike. content and employees were cited.
in the real world how is an increase of 7.5m usd warranted for a"large number of employees", especially if they are temps, when the company shows a profit of 75m?
18-Apr-2018 22:17:21 - Last edited on 18-Apr-2018 22:21:24 by Johan Rayne
Johan Rayne
said
:
in the real world how is an increase of 7.5m usd warranted for a"large number of employees", especially if they are temps, when the company shows a profit of 75m?
That's like half a statement. You're asking a question without offering all available information that might very well help you understand it.
You say jagex "shows a profit of 75m" yet ignore the fact that jagex is FULLY OWNED by Fukong Interactive. The 'parent company' of jagex lost a significant amount in stock value quite recently and that would seem to suggest that they aren't making enough to satisfy their investors (else that stock value would not have decreased so badly in such a short period of time) and that would be inclusive of any and all companies they own.
Perhaps we could compare it to this:
The corner market made a killing on Mt. Dew last year (I know this based on how much money I dumped into it
) but they lost their ass on sales of bread and milk. To eliminate the need for you to solve a written math problem, let's say they lost twice as much on the milk and bread but we weren't looking at that. We were only looking at the profits they made on the Dew..
I guess the point I'm trying to make is that there's plenty of info that we won't ever get the full details on, nor do we need it.
Jagex operates within the confines of any and all requirements of their parent company (Fukong Interactive) so even if the subsidiary of jagex did profit 75m, if another subsidiary of the parent company showed losses (that were more than the gains of this one) then the parent company has a net negative and not a net positive that y'all are trying so desperately to cling to.
Nobody has to figure out how much or how little jagex or their parent company makes or doesn't make though. You simply have to decide if the game is worth the extra buck and a half or not.. TO YOU.
"Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.
in the real world how is an increase of 7.5m usd warranted for a"large number of employees", especially if they are temps, when the company shows a profit of 75m?
That's like half a statement. You're asking a question without offering all available information that might very well help you understand it.
You say jagex "shows a profit of 75m" yet ignore the fact that jagex is FULLY OWNED by Fukong Interactive. The 'parent company' of jagex lost a significant amount in stock value quite recently and that would seem to suggest that they aren't making enough to satisfy their investors (else that stock value would not have decreased so badly in such a short period of time) and that would be inclusive of any and all companies they own.
Perhaps we could compare it to this:
The corner market made a killing on Mt. Dew last year (I know this based on how much money I dumped into it
) but they lost their ass on sales of bread and milk. To eliminate the need for you to solve a written math problem, let's say they lost twice as much on the milk and bread but we weren't looking at that. We were only looking at the profits they made on the Dew..
I guess the point I'm trying to make is that there's plenty of info that we won't ever get the full details on, nor do we need it.
Jagex operates within the confines of any and all requirements of their parent company (Fukong Interactive) so even if the subsidiary of jagex did profit 75m, if another subsidiary of the parent company showed losses (that were more than the gains of this one) then the parent company has a net negative and not a net positive that y'all are trying so desperately to cling to.
Nobody has to figure out how much or how little jagex or their parent company makes or doesn't make though. You simply have to decide if the game is worth the extra buck and a half or not.. TO YOU.
"Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.
19-Apr-2018 00:01:35
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