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mutantclown on 14 March 2013
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BaldrSkies said:
mutantclown said:
Can anyone answer why Nintendo, in the last 8 or so years (since they started printing money with the DS and then Wii) has not invested *heavily* in the creation of studios, expanding their horizons with new IPs, courting indie developers, and building a competitive network infrastructure? What have they, exactly, done with all those billions? let them sit in the bank?


I'm assuming it involves golden toilets and cash for toilet paper.

No seriously, all the cash from the WiiDS era vanished. The 3DS having a rough launch and struggling to get its legs outside Japan is not enough to explain it. This company has seen some major financial mismanagement, and they need to go through a restructuring that gets rid of the incompetence at the top.

 

By the way, for the people who think hiring is still going on like crazy for Nintendo, think again. Their projected hiring for the year is down about 50% this year compared to past. Nintendo Source (chart at the bottom show numbers for the past few years). They simply aren't in the financial position to pick up lots of new people, and that is going to affect game development.

That's not true. Wasn't Pachter the one who said they have like 8 billion cash?