You may be right SpoonThumb but unless I missed something, the consoles should not have cost $8.5m to develop and manufacture.
Juile Uhrman herself spoke about being able to do more with the astronomical funding, including potentially being able to make games.
If we look at scale, this is still a low cost device, with easy to produce tech from last year. Software titles needn't be $30 million productions either. We're at least talking the spend of a typical high budget smartphone or tablet title, with no licensed content IP and using a readily available middle-ware.
If I'm wrong about the spend and finances despite what we were told that's fair enough but the story sounded a little different. The money raised was capable of more than console manufacture and those prices for Tegra 3, small flash storage and etc. are tumbling like mad.
Please remember how much Ouya Inc were convinced they could build and ship the consoles on and this was based on last years hardware costs.
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