Huh, I remember reading $20 bn. But I was wrong. They had $10.5 bn in 2012.

I think some of you are not getting what Kowen is saying. I don't think he's downplaying abything, rather he's saying, and I agree, that before we can proclaim nintendo "profitable", we must wait longer.... year end results and beyond. But, I do think this is very good news for them though, as this isn't even the best time of the year for sales. But, time will certainly tell.

Keeping $20 billion in cash just sitting there would be fairly stupid. A person who has $2 million in cash doesn't just let it sit in the bank account either. You invest it.

Profitibility for the year is pretty much a lock I would say, Q3 has been profitable for them every year, even the last few years where they lost money. 

3DS sales will be down but the hardware is profitable, and they have amiibo, I don't expect a monster profit but they should make some OK money this holiday. 

Inaccurate? None, hence why I didn't correct any of the information provided. Misleading? Well the tangible assets portion clearly was, as was the request to change the title when the OP clearly states it's cash and "other assets," not to mention the fact that the context of the OP seems somewhat clear that the "profitable" refers to the latest quarter. I suspect you knew all of that.

But let's skip the appetizers and get to the meat of it: it's fair to say you have a reputation of being less than objective and non-partisan, and your posts here read accordingly. This is demonstrated by the fact that a not insignificant portion of the posters in this thread have so far been inclined to vocalize their suspicions in one form or another. Rushing to post "corrections" which are all designed to minimize the good news about a company which is, shall we say, not your preferred first-party has the stench of political punditry, especially when you keep at it (not always successfully either: the second post I quoted is largely a non-sequitir).

An objective poster would have looked at this news and intermixed valid corrections and criticisms with observations that there is more than a little bit of good news here, in fact it's largely good news in light of recent trends. I don't believe you done that beyond a cursory "they arent in financial trouble" (sic), followed immediately with "but[!]."

Long story short, you have a reputation, and folks here aren't as stupid as we can often make it appear. That's all.

They are only profitable because they already made a loss last year on wii u, as they already had the hardware made. I also reckon the new 3ds is a ploy to stop paying money they lost the patent battle to, but its good news as we all know its all about the 3rd quarter for Sony, xbox and Nintendo. I wish them all well. But hope Nintendo make the biggest leap, as I love the way they make games. I also hope xbox cuts the lead on Sony as that will help competition, which means us gamers will win

Hey kowen, do you have the numbers for the other big publishers as well?

thats a decent NP...

yeah i know what np is just wondering cause it wasnt mentioned int he op... didnt bother opening the link....

i wonder how's the gaming department of sony and microsoft performing...

having a cash reserve is not fairly stupid... money is the most liquid in the company.... if something happens... let's say gaming world crumble in the next 3 years... nintendo would be easier to reinvent themselves using an actual money unlike... selling your investment to a lower value (most of the time)

Wii-U hardware must have become cheaper to manufacture to then, though probably still way to expensive for what it is.