Acevil said:
Viper1 said:
Train wreck said:
BasilZero said:
Train wreck said:
I like it when games sites put up random financial garbage. Where are the labels for the axis? What do they represent? I guess they mean profits/losses for their respective gaming divisions over fiscal years...
They assume that the Nintendo's loss would remain constant at 257 million dollars which is not true
Microsoft has never reported a loss in its 26 years of being public even with the RROD debacle. They made more money last year (23 Billion) then Nintendo probably has made in the last 20 combined.
Sony is the worst finally of the three but they still have a relative strong short term balance sheet which they can ride out the current storm they are in, especially if the Yen continues to weaken against its major trading partners.
Cash on Hand...
Nintendo: 10.5 Billion
Sony: 13 Billion
Microsoft: 40+ Billion
Apple: 100+ billion
Cash is just a portion of a company's balance sheet, as long as a company's liquidity is fine, the company will continue to function. Unless you plan on doing a dividend payout or an acquisition flashing a cash amount doesn't really do anything. |
Wait Sony still has more money than Nintendo in terms of cash on hand?
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yes they do. Their cash position and balance sheet would be alot better if their TV business had not lost 18 billion over the past 8 years, but companies do not live in the past. They have to adjust to the reality at hand and thats to shore up their TV business first and foremost, everything else is secondary.
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SNE (Sony):
Cash on hand: ~7.41 Billion
Total Outstanding Debt: ~12.91 Billion
NTDO (Nintendo)Y:
Cash on hand: ~11.35 Billion
Total Outstanding Debt: 0.00
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Yep that is more telling statement. Given why is your cash on hand versus what train wreck different?
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I'm guessing Viper 1 doesnt know how to read a balance sheet?
