SwooshX on 30 October 2014
| Fusioncode said: Didn't they have 10 billion in the bank just a couple years ago? Or am I remembering wrong? |
"In the bank" is kind of a misleading metric to look at, simply because it doesn't make sense to just leave cash sitting there, especially in the last year or so where the stock market has been booming overall, you would get a far better return on that cash if it was invested in securities.
I believe Nintendo purchased a large chunk of its own shares too back from the Yamauchi family after Mr. Yamauchi's passing. But that doesn't mean the money "dissapeared" or something, it just means its there in the form of stock holdings now rather than just vanilla cash.
