daredevil.shark said: I said it. Nintendo is bleeding money. All the savings of wii are being spent for wii u. |
Read the blurb brotha. Somehow Nintendo still has $10 billion in cash deposits and investments/non-fixed assets. Which is apparently pretty much the same as cash on hand in 2012. They must have had a billion in investments lost since then somewhere, though, because it not debatable that they've been losing money.
But their annual statements reported over the last couple of years alone are enough to see they clearly aren't bleeding money at a fast enough rate to have shrunk $5 billion. Almost all of that is simply reinvested somewhere outside of the cash reserves.