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46 comments

  • jmcgrotty - February 14, 2012 4:33 a.m.

    Always love people who have no understanding of finances trying to explain why this is a good thing. Trust me, that amount of money in the bank is NOT indicative of the health of a company. For example, AMD has $2 1/2 billion in the bank and short-term investments, but no one would ever consider them a healthy company... to the extent that last quarter, they lost $177 million. (and will be even uglier when Ivy Bridge kicks their ass) I'm not trying to say that Nintendo is on the verge of an utter financial collapse (though they better realize soon they need to quit making -- well, trying to make. They haven't had a new console since 2001 -- consoles ASAP), but this article doesn't put the numbers in a real-world prespective.
  • smashbrolink - February 25, 2013 4:09 p.m.

    Yeaaahhhhhh, no. I'm sorry, but Nintendo has NOT made horrible consoles since 2001. You're only saying that because you didn't want something less powerful than the absolute best a console could reasonably afford to put into it. That, or you didn't want to be caught dead playing "a kiddie console" even though you'd have loved to play the games on it. Nintendo is more than healthy right now. You're just downplaying their recent financial straits. Sony and Microsoft have taken far heavier losses yet I don't hear anyone here saying that they'll drop out, and that's because they just damn well won't. None of the big three will. They've got good consoles backing them and enough capital to keep them afloat for decades to come, that includes Nintendo.
  • alecbeals - March 16, 2014 11:54 a.m.

    The Wii was made explicitly as cheaply as possible to help fix Nintendos financial woes at the end time of the game cube, they latched it with a motion gimmic and it sold like hot cakes. Instead of using that money to invest in their consumers, development or third party outreach they pocketed it and pushed out a wii U, which has a concept that I personally love but is so woefully behind in both its hardware and software/online infrastructure that it's selling like crap. Hell I'll buy one I think its neat.. when its $100 on ebay.
  • budango - March 17, 2014 9:29 a.m.

    You really don't understand business do you? They have almost no debt and 10 billion dollars. The gaming crowd is totally different from ten years ago. People of all ages play games and only the teen to middle age people will obsess about powerful consoles and graphics. That leaves kids and old people to buy all the cute and tame games nintendo hasto offer (the best part is they aren't picky so they will pretty much want anything that looks slightly appealing). It's a business that is profitable and barely has any debt, sounds like they aren't doing bad even if they got you butt hurt haha ;).
  • budango - March 17, 2014 6:14 a.m.

    Are you serious? Now let's first take a look at amd who actually has around 1.5 billion cash on hand and 2 billion dollars in debt. Can you see how that is completely different from Nintendo's almost zero debt and 10 billion dollars cash on hand? You are comparing a chip maker to a console company, a console company that has assets in intellectual property that might even eclipse it's debt free cash on hand. Also have you ever heard of the ds? Which came out around 2004 and was themost successful handheld CONSOLE ever? Guess not. Sounds to me like you have money invested in amd. You need to do better research if you do (no offense), don't fall in love with a stock. I know people invested in amd but I don't get the hype, it could pay off but I don't feel like jumping into another high risk stock all in right now. They definitely can pay off but you have to watch the pps and the news like a hawk. Good luck
  • Ravenbom - February 13, 2012 4:12 p.m.

    So, basically too big to fail? Why does that sound familiar? Still, it's nice to know they'll be secure for a while.
  • dekmaine - February 14, 2012 5:59 a.m.

    and suddenly politics out of nowhere!
  • GameManiac - February 13, 2012 10:36 a.m.

    I think I see my money from my 3DS purchase in there. And I'll be seeing my money from the Wii U purchase in there soon.
  • shawksta - February 13, 2012 9:19 a.m.

    Quite an observation there Cundy, and this is assuming Nintendo does bad every year. The 3DS had a shitty start but it is now held high and got ALLOT coming,and the Wii U can make or break Nintendo's stance but even then they won't be "Doomed to die" People overexaggerate, Nintendo's not going down till Gaming does. A New Fzero? That will be awesome, but who knows, if were REALLY lucky by like 10% E3 might hold what we dream off. Anythings possible now, Luigi's Mansion's getting a sequel, god knows what's next!
  • talleyXIV - July 17, 2013 3:58 a.m.

    3DS comes out and has terrible launch titles, sells next to nothing. Internet's reaction: OH MY GOD NINTENDO IS DONE. THEY WILL NEVER RECOVER. 6 months later: Nintendo releases first party titles like Mario Kart 7 and Super Mario 3D Land. 3DS sales sky rocket and dominate Vita. Wii U comes out with terrible launch titles, sells next to nothing. Internet's reaction: OH MY GOD NINTENDO IS DONE. THE WII U WILL NEVER RECOVER. 6-12 months later: Nintendo releases Pikmin 3, Super Smash Bros. Mario Kart 8, Donkey Kong, etc. (It recovers) I can't believe people don't see what is happening. History never repeats, except for Nintendo.
  • shawksta - July 17, 2013 10:18 a.m.

    Heh nice one (despite replying to a late comment XD but otherwise good point) Ive heard that in Japan Pikmin 3 is actually selling more than its original's did in NSMB standards which is surprising coming from a series not known for selling well.
  • charlie_ruskiy - February 13, 2012 9:04 a.m.

    Who gives a crap about Nintendo anymore? When was the last time they made anything original? Or anything good for that matter? They should just making consoles all together and port all their classics to other things. Just my opinion.
  • Cyberninja - February 13, 2012 4:31 p.m.

    um you forgot the eshop last i check nintendo added an original first party game about 2 weeks ago its called Sakura samurai and a while before that pushmo, also the last time they released a good game was today its called rhythm heaven fever. you can just go back to blindly following sony and uncharted and whatever else, while i go back to enjoying everything and recognizing the success and failure of every company
  • Raffie - December 3, 2013 9:13 p.m.

    "Who gives a crap about Nintendo anymore?" 3DS sales worldwide: 34.98 million Wii U sales worldwide: 4 million + and counting in the first year Numbers talk loudest so it's clear many people (including you cause you are actually talking about them i.e. giving a crap) DO give a crap. "When was the last time they made anything original? Or anything good for that matter?" Their games are more original than that of the competition (Mario 3D World was a unique Mario experience which blended gameplay elements and Zelda Skyward Sword brought true relevance to motion controls meanwhile CoD is still just point and shoot). Metacritic scores in the high 90's and high software sales mean the games they make are "good" in many people's opinions. Based on the above, you have no argument for Nintendo going third party. Plus, Iwata said himself that they would stop making games altogether instead if push came to shove. Based on your statements you are either delusional, ignorant, or just trolling. NOT my opinion, it's a factual assessment.
  • LOZ4EVAH - February 13, 2012 7:41 a.m.

    Whoa! Makes my 6 billion look insignificant.
  • BrunDeign - February 14, 2012 6:41 a.m.

    But not my 6 trillion. TO THE MONEY PIT!
  • Eliath - February 13, 2012 6:46 a.m.

    I love Nintendo. I really do. I miss the old Nintendo. However the troll in me wants to point out that they posted a 70 billion Yen loss in October. Makes those 22,995 days a lot shorter if that keeps up. I like competition. It's what pushes all the manufacturer's to do better rather than shoveling out more of the same. I hope the big N stays around for quite a while.
  • Eliath - February 13, 2012 6:49 a.m.

    Glaring typo is glaring. /facepalm
  • smashbrolink - February 25, 2013 4:24 p.m.

    Not if they recoup that loss within the next couple of years, with interest.
  • talleyXIV - July 17, 2013 4:01 a.m.

    Something tells me that other companies go through that at certain times toooooo..... http://www.google.com/search?q=Sales+figures+ps3+xbox+nintendo&bav=on.2,or.r_qf.&bvm=bv.49405654,d.aWc,pv.xjs.s.en_US.QXiTEk6XjhM.O&biw=1440&bih=785&um=1&ie=UTF-8&hl=en&tbm=isch&source=og&sa=N&tab=wi&ei=HnnmUZmmIeSZyAG004GoAg#um=1&hl=en&tbm=isch&sa=1&q=microsoft+sony+nintendo+profits&oq=microsoft+sony+nintendo+profits&gs_l=img.3...7551.10650.4.10726.21.9.1.10.10.0.73.213.3.3.0....0.0..1c.1.20.img.9si2DzU2HjU&bav=on.2,or.r_qf.&bvm=bv.49405654%2Cd.aWc%2Cpv.xjs.s.en_US.QXiTEk6XjhM.O&fp=c6ea16fc70fc3cba&biw=1440&bih=785&facrc=_&imgdii=_&imgrc=G5ncJ6E1lv3xdM%3A%3BawHz6x-on0AZAM%3Bhttp%253A%252F%252Fgamerinvestments.com%252Fvideo-game-stocks%252Fwp-content%252Fuploads%252F2010%252F06%252Fsony-nintendo-microsoft-operating-income-chart-fix.jpg%3Bhttp%253A%252F%252Fgamerinvestments.com%252Fvideo-game-stocks%252Findex.php%252F2010%252F06%252F28%252Fstate-of-the-video-game-console-war%252F%3B859%3B341
  • Y2Ken - February 13, 2012 6:30 a.m.

    Well on the one hand that's reassuring - means they can be a bit more adventurous and take a few risks on things other companies perhaps wouldn't be able to afford to. On the other hand, it might be slightly concerning that they might not be paying as much attention to the desires of fans just because they know that they're safe either way. That said perhaps that's not such a bad thing - after all, it's often said that us gamers don't really know what we actually want, we just think that we do.
  • ultimatepunchrod - February 13, 2012 5:54 a.m.

    Wow. Good for them for being financially responsible. I wish American corporations could learn a thing or two from how the East does business.

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