auroragb on 02 August 2007
| Desroko said: I think his point still stands that the initial costs of manufacturing a year's worth supply of Wiis at current rates would be over $2 bn. You need to build uop cash reserves before you can expand significantly on that. That's assuming the $180 figure is correct; I'd actually heard higher quotes, like $220. It's not unreasonable that costs have dropped somewhat, though. |
Although, honestly, a company with solid financial rep as Nintendo rarely has to pay up front. Usually, there would be 30% max up front, but that can be waived for large accounts like Nintendo.
Besides, didn't they report somewhere that they had 7 billion dollars in cash?
I think that it's the board that is being extremely conservative in their investments
