Nintendo posts first ever loss - $460 million

[kumagawa]

cyberninja45 said:

pezus said:

kumagawa said:

pezus said:

kumagawa said:
This is much worse than I first thought it was.
From
http://www.nintendo.co.jp/ir/pdf/2012/120426e.pdf
Cash as of 31st of March 2011 = $10 billion
Cash as of 31st of March 2012 = $5.6 billion
nearly 50% of Nintendo's cash reserves gone in 1 YEAR.

Who cares, right? Where did you see the cash numbers?

Page 6 of the link provided.

Ah, I see now thanks. Damn, that's a bad drop. Two years on the same path and they'll have nothing, but I'm sure Wii U and 3DS will help them back up.

Geez their cash reserves are like $14b, its on the same page! But its from 17b last year (I think), so yeah its from huge hits on their cash deposits this year. So maybe they are investing in stuff and the yen an' shit
 

Those numbers aren't dollars there yen and only the figures after (cash and deposits) are cash in the bank the rest is assests such as buildings and manufacturing equipment Nintendo owns.