| Miguel_Zorro said: $250 million eh? That's good, but they lost $522 million last year. |
So they'll only be able to survive till 2030 then.
If they made 250 million a year they'll be able to survive till jesus come back
Bet reminder: I bet with Tboned51 that Splatoon won't reach the 1 million shipped mark by the end of 2015. I win if he loses and I lose if I lost.
| LiquorandGunFun said: I want to see real numbers and proof, a goofy pic doesnt do that for me. |
http://www.nintendo.co.jp/ir/pdf/2014/140129e.pdf
| Fusioncode said: I don't think that's how stocks work anyways. If they're posting losses every year then that will kill their market cap which will in turn make them a smaller company. |
He's not using market cap but actual cash either in the bank or securities.
| LiquorandGunFun said: Edit: opps read it wrong, I guess so but they would have to sell off about everything. |
They don't have to sell off anything. That's cash in the bank and securities. Not physical assets or IP valuations.
The rEVOLution is not being televised
You know what's even worse, that they have all this money yet they choose a cheaper route with their new console!
I'm glade I get my nintendo offerings second hand!
You know how people say too much of a good thing is bad for you? Well, this is one of those things. Except it was never good.
Please at least try to be original with your defense for Nintendo. This is quite old.
| NintendoPie said: You know how people say too much of a good thing is bad for you? Well, this is one of those things. Except it was never good. Please at least try to be original with your defense for Nintendo. This is quite old. |
True, it's old. Yet notice how many still don't understand this?
The rEVOLution is not being televised
| Viper1 said: True, it's old. Yet notice how many still don't understand this? |
I can see the truth in this. However, how old are these figures? Do they still accurately represent what Nintendo truly has "in the bank"?
| Lyrikalstylez said: You know what's even worse, that they have all this money yet they choose a cheaper route with their new console! I'm glade I get my nintendo offerings second hand! |
They've been cutting corners on their consoles for years now, since gc at the very least, because they want to make a profit on every console sold rather than operating at a loss like sony and microsoft have with their consoles. It's part of the reason why nintendo has money in the bank to lose, for now.
NintendoPie said:
I can see the truth in this. However, how old are these figures? Do they still accurately represent what Nintendo truly has "in the bank"? |
I just linked to their most recent financial info a few minutes ago.
Based on cash, short term securities and some other receivables, they have $11,347,566,900.90 USD as of Dec 31, 2013.
The rEVOLution is not being televised
NintendoPie said:
I can see the truth in this. However, how old are these figures? Do they still accurately represent what Nintendo truly has "in the bank"? |
It's from last year's financial statement.
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