Nintendo currently has $4.7 billion in the bank

[Mnementh]

Eddie_Raja said:

Mnementh said:

mii-gamer said:
Can someone explain to me in simplistic terms what happened to the rest of the cash?

Most of it is gone because Yen has lost value against dollar and Nintendo make financials in Yen, while we discussing Dollar (why we ever do that). In Yen Nintendo still has lost money, but not so much against 2012, more against 2011 and 2010. Well, the answer to that is 3DS and WiiU.

Yes we should only talk about their money in yen because they only do business in Japan right?

Their bank account is in Yen and it was about their money in Yen. Because of the currency changes people here are asking what they blew 6 billion Dollar on - and the answer is they didn't, but their money in the bank is no longer worth the ame in Dollar as it was before. And I think we should talk about the real numbers not make wild currency changes, because with the same we could also change it into Renminbi or something else. Probably we find some currency, where exchange values have changed in a way, that NIntendo has even more money in this currency than two years ago. It just makes no sense to compare the dollar-numbers from now and from two years ago, as the basis has changed.