Which company has a bleaker future? | |||
| Sony | 554 | 56.02% | |
| Nintendo | 198 | 20.02% | |
| Why no MS...... | 234 | 23.66% | |
| Total: | 986 | ||
Lawlight said:
|
First year.
Need to expand their demographic aim in the west
| Galaki said: Why is 3DS sales both increasing and decreasing YoY? Make up your mind people. |
Up YoY in America/Europe, down YoY in Japan/worldwide. Assuming that Vgchartz tracking is correct.
When the herd loses its way, the shepard must kill the bull that leads them astray.
Lawlight said:
|
You've talked out the wrong end for all of your posts. First it was Nintendo didn't have billions before the wii. You were proven wrong. Then you say they only had 5.5 billion, you were wrong again. Then you keep saying wrong things about the 3ds. As of dec 31 2013, it sold 42.75 million. You say it sold only 13 million. Then say it's down for two consecutive years. Which according to you would put the first year as it's best? Ok! So that would mean approximately, 2011- 16 mil.,2012 14 mil, and 2013 less than 13mil... Give or take.... The thing is, as others have told you, and apparently cannot comprehend, is they produce more in certain years and produce less in others.
It goes like this, because I know you are completely lost as to what I'm saying(and others have said to you many times) if I was producing a product that sold 5 million in 2 years. In the first year, I sold to stores 3 million of those. But the store only sold 2 million. Now for the second year, the stores only order 2 million more because they still had 1 million left from the first year. That means I only sold two million the second year, but still sold to customers one million more than the year before. That's what happens to the 3ds, and that's why it sold more than Nintendo made in 2013.... Now is it that hard for you to understand still? 2011-13 million, 2012-14.1 million, 2013-14.9 million. I know it kills you, but that's the way it is. It's business, of which you have zero knowledge of(I do, because I own one). And if you don't like vgchartz numbers, well, deal with it! They are more trustworthy than you, and they are adjusted once they get the exact numbers from the other tracking companies. So I know you will come back with some complete nonsense, but, you are still and will always be wrong. Sorry. Have a good day, law!
Sony
Lawlight said:
So, how much is it now? That data is from 3 quarters ago. The link below says $8.6B: http://www.lazygamer.net/general-news/yamauchis-heirs-to-sell-nintendo-shares/ |
I don't see aywhere where that forbes number says it's from 3 quarters ago...
Where did your site Get thei number from is my question
If you look at the Financial reports...
copy here
http://www.neogaf.com/forum/showthread.php?t=759731
Cash on hand would be the first 3 on the page marked 4.
Cash on hand =
Cash & Deposits
Short Term Securities (Aka ones available within 3 months)
and Notes and accounts receivable (Money they are owed)
Divide it by a 101 Yen exchange rate...
and you get.
11.04 Billion.
So yeah... 11 Billion. The 0.02 off is probably just due to exchange rates.
It should of been common sense that Nintendo's Cash on hand didn't go from 11 million to 8 million. 4 million loss. Which you'd know about if it would of happened.
| Kasz216 said: I don't see aywhere where that forbes number says it's from 3 quarters ago... Where did your site Get thei number from is my question If you look at the Financial reports... copy here http://www.neogaf.com/forum/showthread.php?t=759731
Cash on hand would be the first 3 on the page marked 4. Cash on hand = Cash & Deposits Short Term Securities (Aka ones available within 3 months) and Notes and accounts receivable (Money they are owed)
Divide it by a 101 Yen exchange rate... and you get. 11.04 Billion.
So yeah... 11 Billion. The 0.02 off is probably just due to exchange rates.
It should of been common sense that Nintendo's Cash on hand didn't go from 11 million to 8 million. 4 million loss. Which you'd know about if it would of happened. |
Forbes page says as of May 2013 so that's last year.
So, in terms of cash that that have in the bank, it's only $5.5B?
Kasz216 said:
I don't see aywhere where that forbes number says it's from 3 quarters ago... Where did your site Get thei number from is my question If you look at the Financial reports... copy here http://www.neogaf.com/forum/showthread.php?t=759731
Cash on hand would be the first 3 on the page marked 4. Cash on hand = Cash & Deposits Short Term Securities (Aka ones available within 3 months) and Notes and accounts receivable (Money they are owed)
Divide it by a 101 Yen exchange rate... and you get. 11.04 Billion.
So yeah... 11 Billion. The 0.02 off is probably just due to exchange rates.
It should of been common sense that Nintendo's Cash on hand didn't go from 11 million to 8 million. 4 million loss. Which you'd know about if it would of happened. |
Just pointing out that you typed 'million' instead of 'billion' a few times at the end there.
Nintendo Network ID: Cheebee 3DS Code: 2320 - 6113 - 9046
Lawlight said:
Forbes page says as of May 2013 so that's last year. So, in terms of cash that that have in the bank, it's only $5.5B? |
Depends what you consider in the bank. If you mean in an actual bank account. Then yeah.
Investment people would consider short term investment securities in the bank, because they can be liquidated pretty much as fast.
So, say for example Nintendo suddenly owed the Japanese government 9 Million Dollars by the end of the month due to finding out Pokemon causes cancer.
They'd be able to pay that with ease without requiring a loan.
Certificate of Deposit and other guranteed short term bonds are more or less the bank accounts for the rich, and cash rich companies.
A 50-50 split is pretty Normal.
For example, Sony has about 8 Million dollars in cash , and 7 Million dollars in securities. (Not a typo.)
Meanwhile are owed 12 Million. So they'd have about a Cash on hand of about 27 Million Dollars.
Which just shows how ridiculious Nintendo's cash on hand is... since it's over 400X What Sony's cash on hand is. Sony isn't typical since it's in a ton of debt... but Nintendo's Cash on hand it out of control.basically Nintendo has cash reserves that are quite honestly sort of indefensible... They're like a high-tech trying to grow silicon valley company like Apple or Amazon or Google... except they haven't bought anything.
The only reason you have these kind of cash reserves normally is if you plan to buy up some companies to grow...
yet they've been sitting on this kind of cash FOREVER.
Considering the up and down nature of the videogame buisness they should of bought something non-gaming related, like some investment banks (Sony's best performer), Or fitness clubs like Konami, or any other number of things that would provide relativly steady revenue.
Instead of relativly unused and unchanged that's money that could be used making a decent return on investment.
Nintendo's stubborn and wants to stay only a gaming company... but with that kind of money you really can't.
It's like having a rich uncle with 15 million dollars just sitting in a banking account.
| Kasz216 said: Depends what you consider in the bank. If you mean in an actual bank account. Then yeah. Investment people would consider short term investment securities in the bank, because they can be liquidated pretty much as fast. So, say for example Nintendo suddenly owed the Japanese government 9 Million Dollars by the end of the month due to finding out Pokemon causes cancer. They'd be able to pay that with ease without requiring a loan.
Certificate of Deposit and other guranteed short term bonds are more or less the bank accounts for the rich, and cash rich companies.
For example, Sony has about 8 Million dollars in cash , and 7 Million dollars in securities. (Not a typo.)
Which just shows how ridiculious Nintendo's cash on hand is... since it's over 400X What Sony's cash on hand is. Sony isn't typical since it's in a ton of debt... but Nintendo's Cash on hand it out of control.basically Nintendo has cash reserves that are quite honestly sort of indefensible... They're like a high-tech trying to grow silicon valley company like Apple or Amazon or Google... except they haven't bought anything. The only reason you have these kind of cash reserves normally is if you plan to buy up some companies to grow...
yet they've been sitting on this kind of cash FOREVER. Considering the up and down nature of the videogame buisness they should of bought something non-gaming related, like some investment banks (Sony's best performer), Or fitness clubs like Konami, or any other number of things that would provide relativly steady revenue.
Nintendo's stubborn and wants to stay only a gaming company... but with that kind of money you really can't.
It's like having a rich uncle with 15 million dollars just sitting in a banking account. |
Very interesting. So, their cash reserve has dropped from $13.5B to $11B from Q3 2008 to Q3 2013. In addition to that, they'll be spending $1.1B buying back shares. They do have a lot of cash for how relatively small they are. That still doesn't mean they're in a good position since they are getting irrelevant by the month in the gaming market.
Kasz216 said:
Depends what you consider in the bank. If you mean in an actual bank account. Then yeah. Investment people would consider short term investment securities in the bank, because they can be liquidated pretty much as fast. So, say for example Nintendo suddenly owed the Japanese government 9 Million Dollars by the end of the month due to finding out Pokemon causes cancer. They'd be able to pay that with ease without requiring a loan.
Certificate of Deposit and other guranteed short term bonds are more or less the bank accounts for the rich, and cash rich companies.
For example, Sony has about 8 Million dollars in cash , and 7 Million dollars in securities. (Not a typo.)
Which just shows how ridiculious Nintendo's cash on hand is... since it's over 400X What Sony's cash on hand is. Sony isn't typical since it's in a ton of debt... but Nintendo's Cash on hand it out of control.basically Nintendo has cash reserves that are quite honestly sort of indefensible... They're like a high-tech trying to grow silicon valley company like Apple or Amazon or Google... except they haven't bought anything. The only reason you have these kind of cash reserves normally is if you plan to buy up some companies to grow...
yet they've been sitting on this kind of cash FOREVER. Considering the up and down nature of the videogame buisness they should of bought something non-gaming related, like some investment banks (Sony's best performer), Or fitness clubs like Konami, or any other number of things that would provide relativly steady revenue.
Nintendo's stubborn and wants to stay only a gaming company... but with that kind of money you really can't.
It's like having a rich uncle with 15 million dollars just sitting in a banking account. |
Well, I think that puts to rest how much cash Nintendo has. Thanks for clarifying that!
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