NJ5 on 14 December 2008
| woopah said: this will also cut into nintendo's profits as well, luckily its got the resoruces to not be as badly affected |
Nintendo has a ton of advantages over Sony to weather this storm:
1- Higher profit margins (20-30% as opposed to 1-4% in Sony's case)
2- Their products are more recession-proof
3- No debt (as opposed to $10 billion in debt in Sony's case)
4- They make money on everything, not just software
5- None of their products is declining (in Sony's case the PSP and PS2 are)
6- From what I read, they have a higher proportion of expenses in foreign currencies (not sure about this one)
My Mario Kart Wii friend code: 2707-1866-0957
