Each Nintendo employee is set to make more money for the company this year than the average Goldman Sachs employee did during its record-breaking 2007, the Financial Timesreports. Nintendo employs less than 3,000 permanent staff, each of whom takes home an average annual salary of $90,900 a year. Assuming the platform holder achieves its net profit target of 410 billion yen ($3.9bn) in 2008, each employee will generate the company $1.6 million in profit, according to the paper’s calculations. The report says that Nintendo is able to make so much money with so few staff because it relies on outsourcing for all hardware manufacturing and even a number of its high-profile games. Nintendo said that the Financial Times’ figures may underestimate the company’s profitability. http://www.edge-online.com/news/ft-each-nintendo-employee-generate-16m-annual-profit Lock if old.
In comparison, the average Goldman Sach’s employee generated $1.24 million in profit for the firm before tax and pay in 2007, and received a $660,000 pay packet. The equivalent figure for Google is reportedly $626,000.
“In the entertainment business, there are only heaven and hell, and nothing in between and as soon as our customers bore of our products, we will crash.” Hiroshi Yamauchi
TAG: Like a Yamauchi pimp slap delivered by Il Maelstrom; serving it up with style.
