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last92 said:
But excess cash is not a good thing per se. It means that Nintendo doesn't know how to invest it for profitable projects=lack of creativity and planning or a fucked up capital budgeting process. Or just plain management stupidity. Especially in a situation where a company is struggling on their core business and it still has such a high amount of cash.

Basically... why on earth aren't they spending all this money? It's just bad business.

But yeah Nintendo isn't going anywhere, but if the NX fails then their dedicated games hardware certainly is, or at the very least it's going to be going in a very very different direction to whater the NX is and their previous machines.