| Play4Fun said: |
Looking at the page source, I found this tidbit about the tool:
<META
name="description"
content="Nintendo has been doomed ever since it entered the Video Game industry, this handy checker will let you know if things change."
>
@OT. Nintendo has domed.
BasilZero said:
|
yes they do. Their cash position and balance sheet would be alot better if their TV business had not lost 18 billion over the past 8 years, but companies do not live in the past. They have to adjust to the reality at hand and thats to shore up their TV business first and foremost, everything else is secondary.
Oh, heavens no.
The 8th gen will prove the naysayers wrong once again...
Train wreck said:
yes they do. Their cash position and balance sheet would be alot better if their TV business had not lost 18 billion over the past 8 years, but companies do not live in the past. They have to adjust to the reality at hand and thats to shore up their TV business first and foremost, everything else is secondary. |
SNE (Sony):
Cash on hand: ~7.41 Billion
Total Outstanding Debt: ~12.91 Billion
NTDOY (Nintendo)Y:
Cash on hand: ~11.35 Billion
Total Outstanding Debt: 0.00
The rEVOLution is not being televised
| Viper1 said:
SNE (Sony): |
I don't fully understand what you're measuring, but wouldn't you want to use the japanese stock for Nintendo here? http://www.google.com/finance?q=nintendo


Viper1 said:
SNE (Sony): |
Yep that is more telling statement. Given why is your cash on hand versus what train wreck different?

Acevil said:
Yep that is more telling statement. Given why is your cash on hand versus what train wreck different? |
I'm guessing Viper 1 doesnt know how to read a balance sheet?
Acevil said:
Yep that is more telling statement. Given why is your cash on hand versus what train wreck different? |
In a worst case situation remember that Sony does have over $100 billion ($155 in March 2011 according to Yahoo FInance) in sunk costs - basically every asset owned - that they can sell off if they need to seriously down-scale their company.
I'm no expert and I don't claim to be but the outstanding debt figure, while pretty terrible, is nowhere near a death knell..yet.

Train wreck said:
I'm guessing Viper 1 doesnt know how to read a balance sheet? |
There's no need for snide remarks, just explain to us how he's wrong and why your metric was better, we want to know.