Zod95 said:
You've read and understood the OP but you have your own perspective about the facts that were presented. That's fine by me. I respect your opinion. I just can't accept what you say on the 3rd paragraph. It's not like Nintendo must keep 32 billion dollars or it dies. And devs are migrating to smartphones because people are migrating to them in the first place. Had the console business comprise 800M new systems per year and the smarphones with only 30M or 50M and you would see what kind of software was hot and printing money. |
And that's one area where your arguements breakdown.
Nintendo DOES NOT have $32b, their Total Asset is worth about $15b ($5.49b of which is cash and deposit), and they have a market cap of $17b. If they have $32b, there would be no way their market value is worth less than their Total Assets.
source: http://www.nintendo.co.jp/ir/pdf/2014/140129e.pdf
So, where did all those billions have gone? Nintendo mostly have gone and invested it into their core business, the Videogames Industry. Thus, Nintendo has actually been "contributing" a lot back to gamers, unlike what you claim in your OP. (Oh, and I dont think that $32.88b takes into account money infation, it may mean Ninty may have "given more" than what the numbers may say).
You say you presented facts, and you may have, but it looks you've mis-interpreted and distorted them.







