megafenix said:
alternine said:
Skullwaker said: As someone who is new here, are these threads common? Like there weren't any Nintendoom threads for a while, and now it seems like there's been a baby boom of them. what up wit dis |
Blame Nintendo for their bad decision making.
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The gamepad wasnt probably the best decsion, but nintendo has also made good choices in the past, perhaps you have not the article yet but nintendo has saved up lots of money in the bank ensuring them to stay on the console competition for some decades
http://www.gamesradar.com/nintendo-doomed-not-likely-just-take-look-how-much-money-its-got-bank/
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Is Nintendo doomed? Not likely. Just take a look at how much money it's got in the bank
Fiscal projections. Capital budgeting. Shareholder investment. Yadda yadda yadda. Unless you like accounts and annual reports and stock markets and banks and all that, the world of corporate finance is really boring. But not today. Check this out for a completely not boring financial fact about Nintendo: Nintendo has £6.7 ($10.5) billion in the bank and, even if making big losses every year, that considerable nest egg would keep the company going until 2052. That's, like, 40 years away.
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Oh, the often quoted article with bad math, which suggested that Nintendo's cash reserves (812 billion yen in March 2011) would suffice for 40 years, no matter what they do. So where are they now?

If Nintendo were still burning money like in 2011 - 2013,they would have had big problems within 10 years, not after 40 years.
Gladly, they have turned the ship around in 2014.