I wrote this on a comment in an other thread. I am just honestly curious if people see some truth. If it's nonsense, please give me some feedback. :)

I am afraid Nintendo hes a higher chance to go bankrupt with it's current business model. Making own hardware (home/portable console) and selling their own exclusive IP's on it.

What I am trying to explain is, right now they are barrely earning anything on the WiiU hardware/software. There profits comes from the 3DS, and even tho they are selling great (not as great as the DS). They have way to much competition from the tablet and smartphone market. How much longer, can Nintendo relate on their own hardware/software sells?

Sony, is having a financial struggle for ages. Way, way longer then Ninteno. Still, right now Sony's future is looking way brighter for years. They, finally removed the two divisions that caused the most trouble last 6 years (TV & laptops). What's left are healthy divisions, that always made profit, or a minimum lost.

The huge adventage from Sony side is they aren't depended on the portable/console market (Game). They have so many other healthy divisions, that always made a profit. So, if they have so many healthy divisions why did they made so many lost over the years? Simple, the TV and laptop divisions made such a big lost in the years, that the numbers of the whole company always turned red. Everyone, always look at the numbers of the news article. The moment you dig in the whole reports, you will see it was always 2/3 divisions that made the huge lost. The other divisions always made a minimum lost or no lost at all.

Also the Playstation 3 generations, was a huge financial disaster. That was also one of Sony's life lessons, and won't ever happen again. How can I be so sure? The financial sh*t load the Playstation 3 caused the first years. Made Sony realize: "Never ever again". Right now, they are making a lot of profit on the Playstation 3/software. They will make a profit at the end of the Playstation 3 generation. If it was worth all the trouble, bad image and stock value lost? Definitly not, but it was a precious lesson Sony learned. 

Back to the whole topic: Sony is heading the right way, they finally found their way out of hell (took them years). They finally made the right decisions of closing the most risky/making lose divisions. The last risky division that remains is the game division, not for this generation. They got this generation in their pockets. But in general the whole console market is a huge investment with a minimum chance of making profit (since the introduction of tablets, smartphones and cheaper laptops/computers). Their other divisions were never a risk and always made sure Sony didn't go bankrupt (got my doubts at home entertainment/sound division)

Nintendo: It's a great company with a fantastic game history and probarbly the most famous IP's in the world. Still, Nintendo will go bankrupt for sure. Wait what? Only, if they won't change their business model. The old times are gone. The portable market is declining very fast. No, not because of the Playstation Vita, that one is selling poorly. The tablet and smartphone market. Why should parents, give their children an 3DS or the next portable console for their children, if they can get a tablet for the same price or even cheaper? The difference is, the games will be way way cheaper plus they (parents) can have also some fun with it. 

I know Nintendo's IP's will always, always make sure they will sell console's, but only for the true Mario, Pokemon, Zelda and so go on fans. Nintendo need to change their business model. They can't relate on their console hardware/software sale (at least not this generation).  They, should start thinking about bringing some IP's out as an 3th party developer. There are now way more ways to play games. There are getting so many cheaper alternatives. They will introduce one more home/portable console, but if that one also sells poorly. Then, I don't see them building another console.

At the end, this is how I see it. Especially my prediction of Nintendo's future. That's my opinion how it's going to happen. 

This will be good. *grabs popcorn*

All you need to do is look at the financial numbers from each company to tell you which one is closer to bankruptcy than the other.

Nintendo could stop selling stuff for a decade and still pay every employee.

Nintendo is a company that has been around for over hundred years. They will change if things get any worse. But the titles coming out this year should bring them back to profitability and stabilize them for some time. Sony though, while no where close to the end has been on the decline. Selling off things and focusing on the things that works is good but the effects of this will not be seen for at least next year. If they keep posting losses like they have this year though things will be a lot worst for all their divisions going forward.

LMAO the thread really took off.

Except Nintendo holds no debt and cash reserves in the billions. Yes its still possible to fir them to gk bankrupt but not probable. Honestly if Nintendo makes a few surprise purchases with that 10billion cash deserve they are sitting on then they could self sustain their own systems and say fuck off to third parties that have shunned them recently.

The spelling mistakes in the thread title make it impossible for me to jump into that much text that is written with the same level of quality.

But Nintendo has huge cash reserves so the idea is wrong even without reading it.