Nintendo is profitable again. 220 million in Q2, 4.5 billion in the bank (Excluding assets?)

[SwooshX]

aikohualda said:

SwooshX said:
Keeping $20 billion in cash just sitting there would be fairly stupid. A person who has $2 million in cash doesn't just let it sit in the bank account either. You invest it.

having a cash reserve is not fairly stupid... money is the most liquid in the company.... if something happens... let's say gaming world crumble in the next 3 years... nintendo would be easier to reinvent themselves using an actual money unlike... selling your investment to a lower value (most of the time)

Having that much of a cash buffer is ridiculous especially for a game-only company. Especially with the stock market way up over the last two years, you're losing money by just letting it sit there.