| kowenicki said: Stock price reached a 7 year low today and the company is worth 83% less than it was just 4 years ago... Not saying its doomed... just showing how things can change quickly. |
You know, that kind of thing is so misleading.
Is Nintendo out of money in the bank?
Is Nintendo firing staff?
Is Nintendo seeing operational losses for years now?
Is Nintendo cutting back on the number of projects and markets they are in?
No, to all of these. Their IP's and consoles sell like crazy. Even if their stock is worthless, it doesnt really matter aslong as the company makes money. The point of a company is to make money. The stock market is just a casino where they put themselves up for sale, without actually selling themselves.
When Nintendo cant sell consoles, their games sell like crap and they are shutting down studios and development team we can talk about Nintendo is doomed. Funnily enough, none of that is the case, especially with the 3DS beeing sucessful they will keep their main market and backbone pretty intact.
