RolStoppable said:
Train wreck said:
Nintendo profits are being bouyed by favorable currency, amiibos and not producing Wii U's (as they are still sold at a loss). If you look at their sales, they have been declining... 5 years in a row if I recall. Profits in a declining sales environment means your not makngn money on your bread and butter (which for Nintendo is software and hardware sales) but relying on outside forces or cost cutting.
Sony's video game sales are rising faster than their profitability as they are experiencing growth in their videogame division, they are selling the consoles they are making (very little margin), spending more on marketing (to remain #1). Those cost are being offset by the influx of PSN money and game sales. I'm sure any investor now would take Sony's situation to Nintendo's.
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If PSN money counts for Sony, then why shouldn't amiibos count for Nintendo?
But anyway, you only have a point if you focus on the present and ignore the future. In three years time we might see Nintendo handily eclipse Sony's profits again.
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Mostly because Nintendo is greatly diversifying themselves. After the Wii/DS boom and subsequent collapse, I'm sure Nintendo doesn't want 99% of their sales and profits coming from gaming. They already outlined Qol, possible tv tie up, toys and a theme park.
