Pachter: If the NX flops, Nintendo will still have 9.5 Billion dollars in the bank (They have 10 last time Pachter checked)

[mountaindewslave]

Lawlight said:

fatslob-:O said:

Actually, Nintendo has around 8.87 billion US dollars in current assets as of June 30 with the current exchange rate but it doesn't change the point one bit that Pachter raised so good job for him being reasonable since those are few and far in between ... 

This. So, it's about US$1.8B less than in 2012. For comparison Sony has US$37.8B.

ehhh but Nintendo's assets are mostly cash assets. Sony's has very little cash and I'm pretty sure still debt, the majority of what is considered their 'assets' is loads and loads of electronics and things from their different divisions

I'm just saying liquid assets are generally considered much more valuable. Sony does not have a lot of assets that can be immediately be turned into billions of cash out of nowhere