The Switch is not another Wii U!

[ps4tw]

zorg1000 said:

ps4tw said:

Are you serious? You're saying we should ignore the people who have millions, if not billions, tied up in shares because "that's ridiculous"?? Clearly you have no idea how the stock market works, and who buys shares as it is literally their job to predict how a company or product will fare in the future. So good going, you got that completely wrong. 

Honestly, I'll just stop there with you because we can't talk about a company's financial performance if you are so unaware of economics you literally think the opposite to how the market operates, and are casually swapping terms such as "financial decisions" with "being profitable" and "good business decisions" without realising they do not at all mean the same thing (Hint: look up what the phrases actually mean). 

You're right, we should stop now because it's clear that you are going to continue moving goalposts.

You: "Nintendo is dead and they are out of touch!!!!"

Me: "They still sold 80 million units of hardware this generation and are one of the biggest software providers in the industry"

You: "Yeah well they are losing money!!!!!"

Me: "This is their third consecutive year of posting a profit and those losses were primarily due to poor decisions like selling hardware at a loss"

You: "Yeah well investors don't think Switch will do good!!!!"

Me: "Investors predictions aren't proof of anything and can be wrong"

You: "Do you even stock market bro?"

Everybody here can see what your agenda is and how ignorant all of your arguments are.

You: "Nintendo are fine because they sold an abritrary number over 5 years!"

Me: "It's been the worst 5 years on record for them, with their worst performing console and handheld"

You: "BUT ITS ALL GOOD BECAUSE 80 MILLION IS A BIG NUMBER AND THEY'VE MADE SOME MONEY!"

Me: "You do realise there is this thing called a profit margin, and just having a profit isn't actually enough to warrant saying a company is healthy?"

You: "Of course I didn't, I understand nothing about business finance, the economy, investors or shares. "

Me: "Yeah m8 no sh*t"

Pro-tip: When some people have massive amounts of money tied up in Nintendo, it's probably worth listening to them (also known as shareholders)