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#4051917 - 12/17/14 08:55 AM
Will the plummet in the value of the Rouble be an issue for 1C/777?
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Joined: Jan 2004
Posts: 1,108
Mysticpuma2003
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Just reading the news that the Russian economy is not looking very good at all, will this be an issue for the Russian based team members and if so what will it mean for further development?
Serious question, I just wonder if the strength of their financial market will have an impact on the studio?
Cheers, MP
[img]http://i41.tinypic.com/2yjr679.png[/img]
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#4051922 - 12/17/14 09:17 AM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: Mysticpuma2003]
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Dakpilot
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Well I am no economist but the fact that they are able to market their product in the world market is a big bonus compared to many Russian companies, having a Dollar/Pound/Euro flow when your own currency it having difficulties is good (sometimes even advantageous but probably not in this case)
The budget Russian only version that "everyone" got so upset about was quite probably as a result of this economic/currency downturn
I would imagine DCS/ED are in a similar situation
Cheers Dakpilot
Last edited by Dakpilot; 12/17/14 09:17 AM.
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#4051939 - 12/17/14 10:25 AM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: Mysticpuma2003]
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Wolf_Rider
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Mystic, I'd be very concerned about the effects of the current situation, with regard to the Russian development (for many different products) teams
Last edited by Wolf_Rider; 12/17/14 10:25 AM.
“Hypocrisy in anything whatever may deceive the cleverest and most penetrating man, but the least wide-awake of children recognizes it, and is revolted by it, however ingeniously it may be disguised.”
Leo Tolstoy, Anna Karenina
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#4052014 - 12/17/14 02:07 PM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: Mysticpuma2003]
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SkullBiscuit
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We need numbers - sales numbers vs markets along with exchange rates and any "taxes" that get imposed on conversions
They sell software globally and therefore can theoretically benefit from currency arbitrage
Sell in $$ globally, pay their employees in devalued roubles --- WOW! hire more staff!!! Fix the #%&*$# that is broke now! remove the presets!!!
.....I digress
you get the point....they can benefit from this...provided that Putin is not sending FSB tax collectors to skim the cream off their foreign sales
They have worse problems than a plummeting rouble
It's called internal management decisions...and that is something within their complete control
Last edited by SkullBiscuit; 12/17/14 02:14 PM.
AMD 8 core at 4.7Ghz
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#4052408 - 12/18/14 12:41 AM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: Mysticpuma2003]
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Bearcat99
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Who knows maybe that will make those who are in charge of certain decisions reconsider those decisions..
Start where you are. Use what you have. Do what you can.
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#4053508 - 12/20/14 01:23 AM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: Mysticpuma2003]
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Joined: Dec 2014
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trollpatrol
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I seriously doubt anyone is going to get transparency from 777/1c. The company is run like the Cold War is still going on.
Wow!!! .. this is getting silly now. How many sales figures have been made public by other flight sim developers? Are they all being run like "the Cold War is still going on"? Or maybe, just maybe ... They are commercial operations that ..... oh whatever ... I despair!!!! [Text Deleted]
Let's skip the name calling.
Last edited by CyBerkut; 12/20/14 01:36 AM.
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#4053510 - 12/20/14 01:29 AM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: Mysticpuma2003]
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trollpatrol
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And a thread started by a spokesperson for TF .... well I never! Strange old business that ..... BoS has enemies that come not as single soldiers, but as whole battalions 
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#4053536 - 12/20/14 03:11 AM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: trollpatrol]
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Mysticpuma2003
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And a thread started by a spokesperson for TF .... well I never! Strange old business that ..... BoS has enemies that come not as single soldiers, but as whole battalions Well.seeing as your name is doing exactly what you say, no surprises there. My question was (as I pointed out) a serious point. The developers are Russian, the rouble is plummeting and with the uncertainty over sales and whether development would continue, it was a serious question. Do you think I should ask on the ATAG forums as that would appear to be the only place you suvvest I can speak? Thanks for adding such a ridiculous comment as your 7th post....now back on topic, thanks, MP
[img]http://i41.tinypic.com/2yjr679.png[/img]
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#4053566 - 12/20/14 07:26 AM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: trollpatrol]
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KodiakJac
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And a thread started by a spokesperson for TF .... well I never! Strange old business that ..... BoS has enemies that come not as single soldiers, but as whole battalions A game can't really have an enemy. How about "detractors" instead? You can't be an enemy of an inanimate object.
Dogfighting is what you do "after" you drop your bombs and blow something up! Can you say "JABO!" 
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#4053658 - 12/20/14 02:27 PM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: Mysticpuma2003]
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SkullBiscuit
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Back on topic indeed As I stated earlier....this fall in the rouble works to their advantage since they sell globally in US $$ or price their product as such while their development team is in Russia is likely paid in Roubles. Folks...do a little homework on exchange rates and currency arbitrage. This works ALL THE TIME for businesses involved in international markets. This is why the Indians took off with IT in the early 2000's and became the off shoring location of choice by leveraging that they could provide the same quality of select US IT development and services at a fraction of the US labor cost. Bottom line --- If they had not converted their previous sales into Roubles before the crisis --- they just increased their top line revenue by about 75%! without doing a thing.  And if they being a global business are not hedging against currency fluctuations...especially since their economy (Russia) is wholly dependant on the price of oil and how much Putin pisses off the rest of the world well....if they aren't...then it's amateur hour
Last edited by SkullBiscuit; 12/20/14 04:15 PM.
AMD 8 core at 4.7Ghz
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Sim on SSD
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#4053712 - 12/20/14 05:02 PM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: Mysticpuma2003]
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Joined: Sep 2001
Posts: 24,712
Dart
Measured in Llamathrusts
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Measured in Llamathrusts
Lifer
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Alabaster, AL USA
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I'd say they're very, very, very happy to be selling their product in dollars, pounds, and euros.
Not so good for the employees who are paid in the local currency, though the company could hand out big Christmas bonuses in rubles with very low impact to their profitability.
The opinions of this poster are largely based on facts and portray a possible version of the actual events. More dumb stuff at http://www.darts-page.comFrom Laser: "The forum is the place where combat (real time) flight simulator fans come to play turn based strategy combat."
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#4053874 - 12/21/14 01:16 AM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: SkullBiscuit]
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Posts: 240
Wolf_Rider
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Back on topic indeed
As I stated earlier....this fall in the rouble works to their advantage since they sell globally in US $$ or price their product as such while their development team is in Russia is likely paid in Roubles.
Folks...do a little homework on exchange rates and currency arbitrage. This works ALL THE TIME for businesses involved in international markets.
This is why the Indians took off with IT in the early 2000's and became the off shoring location of choice by leveraging that they could provide the same quality of select US IT development and services at a fraction of the US labor cost.
Bottom line --- If they had not converted their previous sales into Roubles before the crisis --- they just increased their top line revenue by about 75%! without doing a thing.
~
And if they being a global business are not hedging against currency fluctuations...especially since their economy (Russia) is wholly dependant on the price of oil and how much Putin pisses off the rest of the world
well....if they aren't...then it's amateur hour
Not necessarily... a de-valuing monetary unit has the paying of external debt more expensive, it makes imports more expensive for the locals with exports much cheaper for the buying countries/ business entities. It also brings an increase in the inflation rate. Recession can also come to town...
“Hypocrisy in anything whatever may deceive the cleverest and most penetrating man, but the least wide-awake of children recognizes it, and is revolted by it, however ingeniously it may be disguised.”
Leo Tolstoy, Anna Karenina
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#4053921 - 12/21/14 05:08 AM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: Mysticpuma2003]
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Joined: Mar 2008
Posts: 779
Bumfluff
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Perhaps the crisis might encourage them to develop a new theatre such as the pacific or western Europe more attractive to foriegn customers to bring in foriegn currency.
I fear though that the atmosphere in russia is becoming increasingly nationalistic, which could prove problematic for anyone selling a sim that is not connected to the "great patriotic war".
Last edited by Bumfluff; 12/21/14 05:22 AM.
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#4054155 - 12/21/14 08:20 PM
Re: Will the plummet in the value of the Rouble be an issue for 1C/777?
[Re: Wolf_Rider]
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SkullBiscuit
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Not necessarily... a de-valuing monetary unit has the paying of external debt more expensive, it makes imports more expensive for the locals with exports much cheaper for the buying countries/ business entities. It also brings an increase in the inflation rate. Recession can also come to town...
This is true...but what does a software company have to import or pay for in external currencies? They have marketing and development costs (variable costs)...of which the later is likely all in Roubles. Their main push in marketing is likely over with...and completed prior to the recent big devaluation.
AMD 8 core at 4.7Ghz
16GB Ram
GTX 970 4GB
Sim on SSD
Win 7 64bit
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Exodus
by RedOneAlpha. 04/18/24 05:46 PM
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