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Forums - Nintendo - Nintendo is profitable again. 220 million in Q2, 4.5 billion in the bank (Excluding assets?)

Ever since Wii U was not sold at a loss, it was crystal clear that they will be in the positive once again. The Amiibo and QOL will do a lot of good too.



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@Kowen

That's all I needed, the happy face tells me your calm, I apologize then. See, internet is a bad place for communicating as sometimes it doesn't show you sarcasm/etc :)



kowenicki said:
Net tangible assets:

Sony: $9.4bn

Nintendo: $9.7bn

Microsoft: $62.7bn

Sony has less than Nintendo? I always thought Sony was a bigger company than that? Then again, what I understand about corporate finance can fit into a thimble. kowenicki, you seem to know thing or two about this stuff. Did you study accounting or something?



If only Nintendo could use all that money to increase WiiU sales.



The One and Only

VizionEck.com

Ninsect said:
If only Nintendo could use all that money to increase WiiU sales.

You can't just throw money at a problem and expect it to be fixed. I'm pretty sure it's a little more complicated than that.



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How much money did they have during the Wii/DS heyday?



So it is happening...PS4 preorder.

Greatness Awaits!

kowenicki said:

Whilst I agree they arent in financial trouble... your thread comes off a bit silly.

Why are you sayin holy shit to 9.7bn assets. Thats the lowest it has been for years.

They are profitable? Not yet they arent. They havent made a profit yet, quarterly or 6 monthly results are meaningless. The full year figure is what decides is they have made a profit.

If you make a profit in a quarter but make an overall annual loss you never made a profit.



This is the reason you have my respect. No offense but most of the people here have limited idea about how a coprporation works. Very few people try to understand rather than reading the title.



kowenicki said:
Net tangible assets:

Sony: $9.4bn

Nintendo: $9.7bn

Microsoft: $62.7bn

Do you the numbers for the other big publishers as well?



I'm on Twitter @DanneSandin!

Furthermore, I think VGChartz should add a "Like"-button.

That QOL seems very interesting. Could net them a serious profit down the road.



i didnt open the link but how much is their expenses? os is the 220m their net profit?