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

[Lawlight]

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.

Based on their financials, their current assets (or what Pachter is calling cash in the bank) was at US$17.1B back in 2010 actually. I guess the strong yen hit them hard as well.