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outlawauron said:
Skidonti said:
Fusioncode said:
Nintendo spent 6 billion in two years?

I'm going to parrot myself a lot in this thread...

Investments. Cash in the bank gets you some return, but if there are better investments elsewhere it's wise to spend the money and gain some short term assets.

Why are you assuming Nintendo had zero short term investments in 2012? It's unreasonable to believe that all of the money they've invested into it was apart of the $10 billion they had in reserve.

What is being pointed is that they had a little more than 10B in current assets in 2012 and now they have 10B. If it is in cash, short term investments or stock, they still have around the same amount of cash, but in different forms. Since they didn't sold any long-term assets (buildings or IPs), than they are about the same.

Maybe they have more liabilities, but i can't say without the 2012/2013 balance sheet.