Nintendo is now less profitable than SONY PART 2: Electric Boogaloo

#1thundercat2600Posted 5/11/2013 3:07:52 PM
http://www.zdnet.com/nintendo-misses-fy2013-profit-forecast-by-50-percent-7000014493/
http://www.nytimes.com/2013/05/10/business/global/10iht-sony10.html?_r=0
http://www.sony.net/SonyInfo/IR/financial/fr/12q4_sony.pdf

Nintendo:
$71 million net profit
- $366 million operating income

Sony:
$435 million net profit
$2,448 million operating income

Is this a good thing or a bad thing for Nintendo and the gaming industry as a whole?
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they have the PC version of Darksiders 2 running on WiiU in 1080 native at 60 fps and full graphics options on. Neither 360 or PS3 can come close
-darkjedilink
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Nintendo stock the day before Wii U was announced: 26,500
Nintendo stock today: 10,900
#2MilesTeg420Posted 5/11/2013 3:10:35 PM
TC is huge FFXIII fan. Disgusting really.
#3UponADarkThornePosted 5/11/2013 3:12:26 PM
Didn't Sony have to sell a billion dollar building to make that profit, in addition to the dollar-yen exchange?

If so, it's not a good thing for gaming in general for either account.
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#4OMG_AIDSPosted 5/11/2013 3:12:39 PM
MilesTeg420 posted...
TC is huge FFXIII fan. Disgusting really.


Gross.
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XBL Gamertag - Goomba Stomper
Nintendo ID & PSN ID - Goomba_Stomper
#5thundercat2600(Topic Creator)Posted 5/11/2013 3:16:02 PM
MilesTeg420 posted...
TC is huge FFXIII fan. Disgusting really.


I know I know, you guys hate the Final Fantasy series because it has represented everything Nintendo hardware was incapable of over the last 16 years.

That's not what this thread is about. Lets keep it on topic. I'm hoping for some quality discussion.
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Nintendo stock the day before Wii U was announced: 26,500
Nintendo stock today: 10,900
#6zoogelioPosted 5/11/2013 3:18:02 PM
Amazing. All of Sony's debt just disappeared. It's as if only a few numbers from the moment exists and the entire past doesn't exist. So apparently, PS1, PS2, Gamecube, Wii, Xbox don't exist, nor their contributions to the ups & downs of their respective companies.

So... the Wiisurance fad has passed and it's now onto Sonysurance now with all these topics?
#7Enigma149Posted 5/11/2013 3:18:11 PM
UponADarkThorne posted...
Didn't Sony have to sell a billion dollar building to make that profit, in addition to the dollar-yen exchange?


Yes, and their gaming division (once again) lost money, meaning it hasn't seen a profitable year since 2005...

erm...I mean...

Sony always wins, baby!
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#8FFXIgaiaknightPosted 5/11/2013 3:18:49 PM
thundercat2600 posted...
MilesTeg420 posted...
TC is huge FFXIII fan. Disgusting really.


I know I know, you guys hate the Final Fantasy series because it has represented everything Nintendo hardware was incapable of over the last 16 years.

That's not what this thread is about. Lets keep it on topic. I'm hoping for some quality discussion.


no we dont hate final fantasy we just hate 13 cause its a crap final fantasy game compared to the rest of the franchise.
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NNI: Gaiaknight
#9sonic777Posted 5/11/2013 3:18:58 PM
What I learned at the end of the first part:

Apparently, Nintendo is the only company on the planet that has NO notes payable or accounts payable, therefore, they have absolutely 0 debt, because a Forbes article from 2011 said their ratio was 0.

Never mind you can have debt ratio of 0 if your equity so vastly outweighs your debt (according to AR 2012 from Nintendo, they have at least 2 Billion in AP and NP).

Oh, and apparently, me, a 5-year-old, understands more of these terms with annual reports than squatch, that other fangirl and AceMos combined.

XD
#10Numbuh100Posted 5/11/2013 3:19:05 PM
Close this topic. You can't continue to fight us all. We got like infinite Max Repels to spray at trolls.
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