Nintendo lists Wii U sales (in 2012) as 1.9million

#61squatch22Posted 2/3/2013 6:49:17 AM
maximumbarmage posted...
Hohoho... and I can recall that as long as six weeks ago I had Nintendo fanboys screaming about how the Wii U had sold over 2 million before christmas.

Delusion at it's finest.


I can recall as soon as the day before the financial results, Sony fanboys were claiming the Wii U had sold 2.2 million.

Can only say as much as the data u are provided with. Dont single out Nintendo fans...
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Dog posted: I know I have bias...
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#62sdsturgillPosted 2/3/2013 8:08:29 AM
icarus231 posted...
Xeeh_Bitz posted...
icarus231 posted...
XMasterMarioX posted...
Nintendo is DOOMED


When they sell one of there buildings to pay off debt then you can say that, oh wait they dont have any debt and in 100+ years have only not been profitable in 1 year. Nintendomination is more like it.


Nintendo is going in debt, they are getting rid of a building and Nintendo really doesn't have much of anything else to keep them going. It's also rumored ed they're selling their baseball team.

http://kotaku.com/5931846/nintendo-bristles-at-rumors-seattles-baseball-team-is-for-sale

I mean, sure the team sucks but whatever.. ;)


They are not selling buildings because they cant afford them and they have no debt and arent going into debt. They are forcasting a profit for the year how is that debt. 14bil yen. Now other companies are selling buildings to pay off debt and their stocks have hit junk status. So how again is nintendo doomed.


Do some basic finance before trying to discuss this stuff. 99% of companies carry debt (yes, even Nintendo) and should carry debt depending on the cost of lending at the time. According to the 2012 balance sheet, they have $9.3B in notes (debt) and accounts payable liabilities. Probably mostly accounts payable, but there's some debt in there as well. Why not borrow at 4% and make a 12-15% return for your shareholders? It'd be silly not to. Forecasting a profit or loss has nothing to do with debt. Losing money depletes cash on hand or forces a company to issue debt or equity (additional stock) to raise cash. Sorry, just wanted to clear that up. It gets old hearing how they have no debt because they made a profit.
#63sdsturgillPosted 2/3/2013 8:13:56 AM
* Edit - should have been $1.1B in notes/accounts payable. Fat fingered the yen-dollar conversion.
#64Icecreamdunwich(Topic Creator)Posted 2/3/2013 8:29:26 AM
Good post sdsturgill I did not know that
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#65icarus231Posted 2/3/2013 8:51:36 AM
sdsturgill posted...
icarus231 posted...
Xeeh_Bitz posted...
icarus231 posted...
XMasterMarioX posted...
Nintendo is DOOMED


When they sell one of there buildings to pay off debt then you can say that, oh wait they dont have any debt and in 100+ years have only not been profitable in 1 year. Nintendomination is more like it.


Nintendo is going in debt, they are getting rid of a building and Nintendo really doesn't have much of anything else to keep them going. It's also rumored ed they're selling their baseball team.

http://kotaku.com/5931846/nintendo-bristles-at-rumors-seattles-baseball-team-is-for-sale

I mean, sure the team sucks but whatever.. ;)


They are not selling buildings because they cant afford them and they have no debt and arent going into debt. They are forcasting a profit for the year how is that debt. 14bil yen. Now other companies are selling buildings to pay off debt and their stocks have hit junk status. So how again is nintendo doomed.


Do some basic finance before trying to discuss this stuff. 99% of companies carry debt (yes, even Nintendo) and should carry debt depending on the cost of lending at the time. According to the 2012 balance sheet, they have $9.3B in notes (debt) and accounts payable liabilities. Probably mostly accounts payable, but there's some debt in there as well. Why not borrow at 4% and make a 12-15% return for your shareholders? It'd be silly not to. Forecasting a profit or loss has nothing to do with debt. Losing money depletes cash on hand or forces a company to issue debt or equity (additional stock) to raise cash. Sorry, just wanted to clear that up. It gets old hearing how they have no debt because they made a profit.


you are wrong nintendo carries no debt, as it is a publicly traded it is easily accessible. if you go to google finance and look it up it will tell you they owe nothing
#66squatch22Posted 2/3/2013 8:53:44 AM
Nintendo:
debt: $0
http://finance.yahoo.com/q/ks?s=NTDOY%2C+&ql=1

Sony:
debt: $16.22 billion
http://finance.yahoo.com/q/ks?s=SNE%2C+&ql=1
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#67TalesRevenantPosted 2/3/2013 9:00:04 AM
Awesome. But no gamer really cares about that. I don't understand why I keep seeing topics like this on this board.

Sales=/= Games/Quality

If you wanna play that game, Wii U is absolutely abysmal in the latter. I bought it at launch and I haven't touched it since December, even then I used it only to play my Wii games. And I have two Wii U games (NSMBU/Nintendo Land) Says a lot.

My 3DS and PS3 have gotten the most attention for awhile now. Right now I'm having a blast going through Ni No Kuni.

Point is, I know there are games coming, and I'll be getting them (Smash, Zelda, etc.) but as it stands now, it has horrible support and there's absolutely no reason to own one.

So sales don't matter.
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Currently playing:
Ni No Kuni
#68sdsturgillPosted 2/3/2013 9:24:33 AM
squatch22 posted...
Nintendo:
debt: $0
http://finance.yahoo.com/q/ks?s=NTDOY%2C+&ql=1

Sony:
debt: $16.22 billion
http://finance.yahoo.com/q/ks?s=SNE%2C+&ql=1


Yahoo finance is not a very good source for companies that don't trade on the U.S. Stock Markets. Again, just read the annual report for the company's balance sheet. If you believe the N/A on Yahoo, then you must also believe the Enterprise Value (Book Value) of the company is -$10.5B. They don't have accurate figures for debt/liabilities so they don't include.

http://www.nintendo.co.jp/ir/pdf/2012/annual1203e.pdf

Not bashing the company. I'd actually be bashing if they didn't have liabilities as that would be ridiculous.
#69icarus231Posted 2/3/2013 9:31:35 AM
sdsturgill posted...
squatch22 posted...
Nintendo:
debt: $0
http://finance.yahoo.com/q/ks?s=NTDOY%2C+&ql=1

Sony:
debt: $16.22 billion
http://finance.yahoo.com/q/ks?s=SNE%2C+&ql=1


Yahoo finance is not a very good source for companies that don't trade on the U.S. Stock Markets. Again, just read the annual report for the company's balance sheet. If you believe the N/A on Yahoo, then you must also believe the Enterprise Value (Book Value) of the company is -$10.5B. They don't have accurate figures for debt/liabilities so they don't include.

http://www.nintendo.co.jp/ir/pdf/2012/annual1203e.pdf

Not bashing the company. I'd actually be bashing if they didn't have liabilities as that would be ridiculous.


nintendo makes money to cover those expenses they dont borrow or sell real estate
#70icarus231Posted 2/3/2013 9:33:18 AM
Icecreamdunwich posted...
OtakuGamera posted...
No. I just looked it up:

http://ca.ign.com/articles/2013/01/30/nintendo-financials-reveal-wii-u-sales

You can find the words "sold 3.06 million" in various other articles as well.

sold to retailers, not consumers


Exactly. Which is why they lowered their forecast as retailers aren't going to buy 2 million more units when they still have 1.1 million piling up on the shelves.


give it up, you are not smart enough for this discussion