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

[Alby_da_Wolf]

kowenicki said:

Whilst I agree they arent in financial trouble... your thread comes off a bit silly.

Why are you sayin holy shit to 9.7bn assets. Thats the lowest it has been for years.

They are profitable? Not yet they arent. They havent made a profit yet, quarterly or 6 monthly results are meaningless. The full year figure is what decides is they have made a profit.

If you make a profit in a quarter but make an overall annual loss you never made a profit.

While I agree that the yearly profit is the definitife thing, and I appreciate the data you provided in some of your sucessive posts to back your statements, I don't agree about quarterly or 6 monthly results being meaningless, as you need at least one of them profitable to arrive to a profitable year, and each profitable quarter you add makes the goal closer. Obviously the same applies to losing quarters, each one makes a profitable full year more difficult, but this to say that quarterly results aren't meaningless, mathematically speaking each one is necessary, but none is sufficient by itself.