RANDOM VIDEO GAME NEWS

[Nepenthe]

Do you really think that price ($(1,000,000) is including VAT? 

 

 

 

Yes, since it's a consumer product being advertised within the EU (Game UK).

[Spider]

I had missed that, I saw the price being in dollars and assumed the marketing stunt would have been originating from an american site. Good catch, and yeah ars technica probably didn't take VAT into account.

 

Though that'd still only bring it up to about 800k (if using the Swedish VAT of 25%, which is lower in most places). And I don't think a $250,000 car costs $200,000 to insure for a year.

[melkathi]

Good catch, and yeah ars technica probably didn't take VAT into account.

 

Their maths is also off when they say that "All told, we came up with a total cost of only $629,974.69 for the contents (...) This means you'd be overpaying by about more than 50 percent of the actual value of the contents (...)" The amound you are overpaying though is $1,000,000 - $629,974.69 = $370,025.31 roughly 37% (which to the mathematically less inclined is less than 50% not "about more")

Of course if VAT is on top of that, then it goes even higher and the "overpaying" goes even lower. not sure how much VAT would be but if, for simplicity's sake we'd go with something like 20% then we'd add 125,994.938. Then we'd pass the 750k mark and the overpaying would drop below 25%.

 

The other thing I am not sure is how taxes for the pack itself go. Would VAT not in reality be paid twice? Once for the 1 mil paid by the customer purchasing the pack from Deep Silver and once for Deep Silver purchasing the stuff to provide in the pack?

[Spider]

No, companies don't pay VAT, at least not in Sweden.

 

I agree with their math on how to calculate how much you're overpaying with though. The cost of the stuff should be the base, not what you're actually paying.

[melkathi]

Ah now I get it, thanks

[Nepenthe]

 

Good catch, and yeah ars technica probably didn't take VAT into account.

 

Their maths is also off when they say that "All told, we came up with a total cost of only $629,974.69 for the contents (...) This means you'd be overpaying by about more than 50 percent of the actual value of the contents (...)" The amound you are overpaying though is $1,000,000 - $629,974.69 = $370,025.31 roughly 37% (which to the mathematically less inclined is less than 50% not "about more")

Of course if VAT is on top of that, then it goes even higher and the "overpaying" goes even lower. not sure how much VAT would be but if, for simplicity's sake we'd go with something like 20% then we'd add 125,994.938. Then we'd pass the 750k mark and the overpaying would drop below 25%.

 

The other thing I am not sure is how taxes for the pack itself go. Would VAT not in reality be paid twice? Once for the 1 mil paid by the customer purchasing the pack from Deep Silver and once for Deep Silver purchasing the stuff to provide in the pack?

 

 

VAT differs from a US style sales tax (AFAIK) in that companies that have to collect VAT get to deduce the VAT they pay for what makes up their end product. So generally only consumers have to pay the full VAT and companies (and their pricing) often thus deal with VAT-less prices. Gross simplification etc.

 

Re: cost of insuring, clearly you've never been a young man with a ludicrously powerful car.

[melkathi]

Cars never interested me. And my flat mates dispute if ever I was truly young

Coloured pencils, sketchpads etc never seem to require inn-sewer-ants.

Edited August 12, 2013 by melkathi

[alanschu]

 

 

VAT differs from a US style sales tax (AFAIK) in that companies that have to collect VAT get to deduce the VAT they pay for what makes up their end product. So generally only consumers have to pay the full VAT and companies (and their pricing) often thus deal with VAT-less prices. Gross simplification etc.

 

That's how Canada's GST works too.

[Mamoulian War]

And another One Eighty, this one Kinect style

 

http://arstechnica.com/gaming/2013/08/microsoft-now-says-kinect-turns-off-completely-xbox-one-can-work-without-it/

[Mamoulian War]

OMG!

 

Why no one said about this remake/reboot???

 

Rise of the Triad in Unreal Engine 3 O.o

 

http://www.gog.com/game/rise_of_the_triad

[melkathi]

OMG!

 

Why no one said about this remake/reboot???

 

Rise of the Triad in Unreal Engine 3 O.o

 

http://www.gog.com/game/rise_of_the_triad

 

Because we have been staring at it on the GoG front page for over a month now and didn't think of it as news anymore?

[Mamoulian War]

T_T

 

My work needs a nerf!

[Gfted1]

Microsoft dumps Kinect link requirement for Xbox One.

[Humanoid]

While good that MS will no longer be spying on you (visually at least), it does mean that the console now ships with a non-optional $100 paperweight.

[Keyrock]

Microsoft is doing more flip-flopping than John Kerry in the election of 2004.

[rjshae]

Microsoft is doing more flip-flopping than John Kerry in the election of 2004.

 

While Microsoft was busy chasing tail lights, the competition switched to high performance vehicles and sped off into the sunset.

[Keyrock]

I just realized that in my previous comment Sony is George W. Bush.  I'm not sure if that was intentional or not, my subconscious is a mystery even to myself.

[PK htiw klaw eriF]

Microsoft is doing more flip-flopping than John Kerry in the election of 2004.

Is it just me or does every politician from Massachusetts flip-flop out the ass.

[ShadySands]

 

Microsoft is doing more flip-flopping than John Kerry in the election of 2004.

Is it just me or does every politician from Massachusetts flip-flop out the ass.

 

Yep, they sure do

 

I blame Obama (yes in comic sans)

Edited August 13, 2013 by ShadySands

[Zoraptor]

While good that MS will no longer be spying on you (visually at least), it does mean that the console now ships with a non-optional $100 paperweight.

I'd not be surprised in the least if it becomes an optional paperweight. It's a very good way to make up the price difference between it and the PS4, and they've already gone some way towards making up the performance difference. I just don't see MS caring that much about people thinking they're spying, whereas being able to reduce the price of their console to a more affordable level and having another peripheral to sell, that I can see.

 

Kind of depends on how the Kinect is connected kinected to the main console as to whether that is practical, of course.

[Fighter]

I'm just amazed to see just how gigantically Microsoft messed up to still be backpedalling. It's got to be such a huge waste of effort and resources. 

[AwesomeOcelot]

...and they've already gone some way towards making up the performance difference.

They seriously haven't, it's a tiny overclock, PS4 is still quite a bit more powerful.

[Raithe]

http://youtu.be/DvGmANbPUNk

 

 

Heh. "if we didn't have aliens in this one, we wouldn't have been able to do these weapons. None of them would have made sense" 

As if the giant purple **** bat really made any sense in SR3....

 

 

[alanschu]

Well, it's at least possible.

[Zoraptor]

 

...and they've already gone some way towards making up the performance difference.

They seriously haven't, it's a tiny overclock, PS4 is still quite a bit more powerful.

 

Yeah, some way, not most of the way- and they are still stuffed unless they can drop the base price, hence the suggestion as to why kinect may be going as compulsory.

 

I'm not sure how much the power difference will matter practically for non exclusive games since the underlying architecture is so similar, I'd suspect in most cases they'd simply be written with the on3's lower specs in mind rather than the PS4's anyway.