3 years ago#61
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.
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...
Dog posted: I know I have bias...
3 years ago#62
Xeeh_Bitz posted...icarus231 posted...XMasterMarioX posted...Nintendo is 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.
3 years ago#63
* Edit - should have been $1.1B in notes/accounts payable. Fat fingered the yen-dollar conversion.
(Topic Creator)3 years ago#64
Good post sdsturgill I did not know that
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3 years ago#65
icarus231 posted...Xeeh_Bitz posted...icarus231 posted...XMasterMarioX posted...Nintendo is DOOMED
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
3 years ago#66
debt: $16.22 billion
Dog posted: I know I have bias...
3 years ago#67
Awesome. But no gamer really cares about that. I don't understand why I keep seeing topics like this on this board.
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.
Ni No Kuni
3 years ago#68
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.
Not bashing the company. I'd actually be bashing if they didn't have liabilities as that would be ridiculous.
3 years ago#69
nintendo makes money to cover those expenses they dont borrow or sell real estate
3 years ago#70
OtakuGamera posted...No. I just looked it up:
give it up, you are not smart enough for this discussion
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