sethnintendo said:
Just paste this article. "Nintendo has £6.7 ($10.5) billion in the bank" - their most recent losses http://www.gamesradar.com/nintendo-doomed-not-likely-just-take-look-how-much-money-its-got-bank/ |
That article pre-dates the Nintendo financial statement where their cash deposits reduced from $10 billion (which you're correct about) to $6 billion in the space of one year. You can find the figures here in section 1.B).
The thread I keep referring back to for this information is one from last year that Kowenicki made:
http://gamrconnect.vgchartz.com/thread.php?id=145669
I've no idea the state of Nintendo's bank account more recently than that. It certainly is a bit outdated at this point. Perhaps Kowen can provide us with some more up to date information.
Not posting this because I'm trying to say Nintendo are in financial trouble. Far from it, $6 billion is still an amount which they can ride out a poor performing console on. It's just I see that $10 billion figure thrown around a lot - both here and on reddit - and it just isn't correct.
