Nintendo Q4 Investor's Meeting - Live

[benji232]

daredevil.shark said:

benji232 said:

daredevil.shark said:

Poliwrathlord said:
Nintendo still has a lot of money in the bank but they shouldn't make a habit of having a loss every quarter.

Not anymore. Among that $8 billion assets they had around $4 billion as hard cash. Rest were assets. They are burning those cash pretty fast.

 

 

http://www.nintendolife.com/news/2014/02/nintendo_completes_share_buyback_including_some_holdings_of_hiroshi_yamauchis_family

Spending 1.1B$ on their own shares is not "burning cash". That's more of an investment then anything else.

I was reffering to the fact that they have less "cash" (liquid asstes) in hand. Plus increased R & D and increased marketing cost will contribute in buring "liquid assets". Nintendo will be in bigger problem than sony in future if they dont react.

Future as in 20 years? Sony is one of the most indebted corporations in the world with over 140 billion dollars in debt. Don't even compare both companies because their situation is not even remotely comparable.