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

[Soundwave]

KLXVER said:

Lawlight said:

I just checked and it was US$15.4B back in 2010. So, that's a US$6.8B drop in 6 years. That's with the 3DS's success. The NX needs to make a big impact if they want to combine handheld and console sales.

7 billions lost in 6 years? That doesnt sound right.

It isn't right, but even if it was, it doesn't mean the money is "lost". That's why looking at "cash" for a company is kind of a stupid metric. 

If I have $500 and instead of just letting it sit under my matress, I put $300 of it into a stock, does that mean I've "lost" $300 because I only have $200 in cash now?

Companies move assets around all the time. 

Quite frankly having a massive cash pile is actually kind of stupid, I know Nintendo's been criticized in the past for having too large of a cash pile. Better off to invest in securities or something than to just leave it sitting there.