Pachter: If the NX flops, Nintendo will still have 9.5 Billion dollars in the bank (They have 10 last time Pachter checked)

VGPolyglot

Banned

122,237

16903 posts since 04/07/13

Recent Badges:

Careful Now Rejected or approved 50 GameDB jobs.
You're Golden Subscribed at least one month as a Gold Tier Supporter.
Back of the Net Score a total of 100 games in your collection.
Quite a Comeback Enter your first Prediction League event.
God Of VGC 10,000 posts on the gamrConnect forums.
I'm Special VGChartz staff member.

VGPolyglot on 01 September 2016

KLXVER said:

VGPolyglot said:
Yeah, but Nintendo's not in the business to lose money.

Where else are they gonna go?

What I'm saying is it's not going to be all fine and dandy if the NX flops. They will make drastic changes in order to ensure that they will stay profitable.

KLXVER

Currently Offline

60,129

15288 posts since 18/05/09

Recent Badges:

Cleanse The Wilderness 250 comments posted on VGChartz news articles.
Making Progress Earned 50,000 gamrPoints
The High Flyer Earned 40 badges.
'Ello Princess! Awarded for signing up.
14 Years Has been a VGChartz member for over 14 years.
It's a Start Bank a Total of 2,000 VG$.

KLXVER on 01 September 2016

VGPolyglot said:

KLXVER said:

Where else are they gonna go?

What I'm saying is it's not going to be all fine and dandy if the NX flops. They will make drastic changes in order to ensure that they will stay profitable.

Its not all fine and dandy now...

fatslob-:O

Banned

38,498

11391 posts since 15/09/13

Recent Badges:

Pon Received 100 wall post comments on gamrConnect.
6 Years Has been a VGChartz member for over 6 years.
A Badge Within A Badge Earned 20 badges.
Breaking Out Managed to avoid being banned for 1 year.
Site Veteran Has been a VGChartz member for over 5 years.
Escape Artist Managed to avoid being banned for 1 month.

Currently Playing:

.hack//Mutation Part 2 (PS2)
Xenoblade Chronicles (Wii)

fatslob-:O on 01 September 2016

KLXVER said:

Its not all fine and dandy now...

Which means that they can't keep trying anymore in a declining market ...

I personally don't think NX will be Nintendo's last attempt but I believe the next generation will be every console manufacturers last chance ...

JWeinCom

Currently Online

48,745

11089 posts since 17/02/12

Recent Badges:

Vice Free Managed to avoid being banned for 6 months.
4 Years Has been a VGChartz member for over 4 years.
First Rung Of The Ladder Earned 10,000 gamrPoints
Hit And Run 15 comments posted on VGChartz news articles.
It's a Start Bank a Total of 2,000 VG$.
God Of VGC 10,000 posts on the gamrConnect forums.

JWeinCom on 01 September 2016

Stefan.De.Machtige said:
Nintendo itself will be fine either way. Their console business will likely not recover if NX fails.

This. Nintendo has enough money to survive in one form or another for at least a decade, barring something monumentally disastrous. But, if they can't make a profit off their dedicated gaming business, stockholders aren't just going to let them go on as they are. Nintendo is really fighting for their future in the hardware business.

KLXVER

Currently Offline

60,129

15288 posts since 18/05/09

Recent Badges:

Cleanse The Wilderness 250 comments posted on VGChartz news articles.
Making Progress Earned 50,000 gamrPoints
The High Flyer Earned 40 badges.
'Ello Princess! Awarded for signing up.
14 Years Has been a VGChartz member for over 14 years.
It's a Start Bank a Total of 2,000 VG$.

KLXVER on 01 September 2016

fatslob-:O said:

KLXVER said:

Its not all fine and dandy now...

Which means that they can't keep trying anymore in a declining market ...

I personally don't think NX will be Nintendo's last attempt but I believe the next generation will be every console manufacturers last chance ...

Why? Console gaming will just cease to exist and everyone goes to PC or mobile...?

Lawlight

Banned

33,442

8916 posts since 19/02/13

Recent Badges:

So You Came Back For More, Huh? Logged in a second time.
Harvest Time Logged in at the start of Spring.
Open For Business Earned 10 badges.
First Rung Of The Ladder Earned 10,000 gamrPoints
Site Veteran Has been a VGChartz member for over 5 years.
Littlest Genocide 1,000 posts on the gamrConnect forums.

Lawlight on 01 September 2016

fatslob-:O said:

Actually, Nintendo has around 8.87 billion US dollars in current assets as of June 30 with the current exchange rate but it doesn't change the point one bit that Pachter raised so good job for him being reasonable since those are few and far in between ...

This. So, it's about US$1.8B less than in 2012. For comparison Sony has US$37.8B.