Wondering just how much bank Nintendo has? Here's a snippet from Nintendo-Gamer that shows that the Big N is going to be just fine for many years to come.
"Buried in reams of financial data is the revelation that Nintendo have 812.8 billion Yen (£6.7/$10.5 billion) in the bank - enough for it to take a 20 billion Yen loss (£163/$257 million) every year until 2052. Then there's almost 469 billion Yen (£3.8/$6.0 billion) held in premises, equipment and investments. When that runs out - we're in the year 2075 by this point - they've got some of the most valuable intellectual property in gaming to sell off before the company goes out of business."
If there were ever a single paragraph and image that you could share with Nintendo haters out there, this would be it. Hard to say the company would be doomed with this kind of cash backing them up.
Link
"Buried in reams of financial data is the revelation that Nintendo have 812.8 billion Yen (£6.7/$10.5 billion) in the bank - enough for it to take a 20 billion Yen loss (£163/$257 million) every year until 2052. Then there's almost 469 billion Yen (£3.8/$6.0 billion) held in premises, equipment and investments. When that runs out - we're in the year 2075 by this point - they've got some of the most valuable intellectual property in gaming to sell off before the company goes out of business."
If there were ever a single paragraph and image that you could share with Nintendo haters out there, this would be it. Hard to say the company would be doomed with this kind of cash backing them up.
Link
RSS Feeds:
I like how Nintendo's started off successfully and Microsoft started by losing tons of money. And you can point out right when the PS3 came out for Sony.
amen
Nintendo
Doomed since 1989
This is what scares me though... Nintendo just playing it safe. Take some risks, Nintendo. Make some new franchises, or some daring revivals.
In my opinion, they haven't been really playing it safe, per say... and they're always doomed
Dual/touch screen on the DS
Motion controls on Wii
3D for 3DS
Tablet controller for WiiU
Its good they have all that extra bank so they have the oppurtunity to try new things like this. They aren't $ony or M$ with money coming from other departments to fund their gaming hobbies. And weren't they rumored to be working on 3 new IPs for WiiU?
Well, The Gamecube sold 21 million, the Xbox only sold 3 million more at 24 million. The reason Nintendo's revenue goes up at the same time that Microsoft's goes down is because Microsoft spent literally billions buying studio's (Rare) and pouring money into advertising themselves during the xbox/gcn gen. The fact that Xbox commercials were on TV all the time lead people to believe that the Xbox was a success, when in reality it was a blackhole.
@chris_the_wing
It's even more sadder that Rare did it's job to sell games.
buying a studio is useless and in fact it might even lose the positive press a supposedly hardcore company could have , so no any independant company should be wise not to work with nintendo and criticize them all the time , it's the way this industry works . The new top dog at microsoft europe used to call out nintendo consumers , that's not something frequently seen elsewhere .
anyway it's a fairly well known fact , even before the ds /wii , but since they don't understand anything , well it's useful . i'm sure patcher is preparing a comeback right now
Read this well, friends. This is how one makes a fool of himself.
1) Flinging the word 'gimmick' around at every given opportunity.
2) Flinging the word 'fanboy' around at every given opportunity.
3) Acting as though everyone on a Nintendo site hates Sony, and that being kind to them will bring you a unanimously negative response.
4) Not only implying but actually believing that the 3D screen is or was ever the problem with the 3DS. You hate 3D. We get it, kid. You can stop desperately trying to pin the 3DS' slow start on the 3D screen now. You aren't getting anywhere with that, and you certainly aren't convincing anyone of anything. Nintendo's mistake was stupidly raising the price of the unit after things went really well at E3 2010. The 3DS has since sold twice that of the DS in it's first year and already has twice the amount of quality titles the DS did in the same time frame. And for the record, the 3D is fantastic regardless of how hard you can hate on it.
You really should know by now that Nintendo's "gimmicks" work wonders. Nintendo tried playing things completely straight with the GameCube and look where that got them.
Exactly.
If the Wii had just been another sub-HD console with no motion controls and Nintendo games, it would've sold abit still , sure - but nowhere near the amount it did in reality. It would've been 3 near-carbon-copy consoles on the market for 5 odd years. Very boring!
Nintendo simply make people talk about their hardware [for good or worse] in a way that Sony and Microsoft's probably never will.
@Chosenoneknuckles
@redhatdrawler
I'll definitely admit they're taking SOME risks. But these are some of other the risks I'd like to see take:
- Hardware that has actual POWER. The Wii's half-step up from Gamecube was VERY unambitious, and it sounds like the WiiU is only catching up with 360/PS3 instead of anticipating their replacements.
- Localize more of the foreign games, even if they might not make the money you want. You might earn your rewards in brand loyalty instead.
- Get us some more new franchises! I've been a Nintendo fan since 1984, and I actually DO worry about getting tired of Mario and Zelda.
- Use some of that extra cash to secure more exclusives, like you did with Monster Hunter. Microsoft and Sony do it all the time.
- Do something artistic. Make a game or two that is less likely to make money but would help push the gaming medium forward.
These are just some ideas. I think Nintendo has been a pioneer in the hardware front, but they're starting to get starchy and old in the games division.
@Hawk Oh, they definitely haven't played a perfect hand this gen [neither have the other two].
Points 2-5 are sound [with 1 being a very big assumption pre-E3 Blowout with so many conflicting 'sources'].
Right now you see some games coming for vita and 3DS even if both are different technologies, from what I've read from Epic with the Wii U would be the same, you will see games coming to PS4 and WiiU, the problem of the wii wasn't the power of the hardware, was that their hardware wasn't compatible with the standart technologies. And there is no point that the Wii U is only catching up the 360/ps3 specially with the 1080p native confirmed.
Actually I heard a rumor that thatgamecompany (the guys behind those really artistic games flower and journey) will be moving on to non-sony consoles... maybe they could make a Wii U game!
From what I've seen, Nintendo takes more risks than the other companies combined. Nintendo is always the one doing the innovating.
Sony are going to die before Nintendo if they keep bleeding billions year after year.
So what do the Sony fans say to that?
Dear Nintendo,
You've got billions of dollars sitting in your bank. Spare $5M to localize Rodea, Earth Seeker, and Pandora's Tower please? Thanks. <3
Looks like Nintendo is here to stay. The best they can do is to keep making good quality games as they always do and keep innovating as they always do.
But all those articles! People saying that Nintendo needed to go 3rd party or make a smartphone!
Wish they would've made the 3DS a bit more powerful if that was the case (especially with the 3D as their gimmick and 3D requires a good amount of power).
Besides that, glad to see they're doing alright. Let's hope the WiiU (and if it gets a name change) is the best system that it can be.
I think this image could have been used many times in the last year.
I care more about 'good games' than about 'power' of a handheld. DS already proved that before.
What's more surprising to me is that Microsoft still has a negative income overall even with their positive trend as of late, and that Sony is just above the break even point. I realize they have other means of income as well, but it doesn't make sense to keep going without making very much money...
...your posting history doesn't give me a reason to take you seriously. I do admit my post came accross more venomous than I intended and wasn't very coherent due to a migrane.
Though, do you know how else to make a fool of yourself? Arguing on the internet.
Points 1/2: Fairly good points, though I stand by my gimmicks comment.
Point 3: People on this website, while a vocal minory, DO hate Sony. To the point that they're going "LOL Sony 1st party games don't sell" in a news story about Mario Galaxy's sales, unprovoked I may add, for example. And I've been labeled a Sony fanboy in the past during various points, one point where one poster was stalking me on PM for a week because he didn't believe I was a Nintendo fan.
Point 4: Its sort of a dead horse by now, but I'll bite. This doesn't' have anything to do with how good 3DS's 3D is or how much I hate it (I'm casually indifferent by this point). There are many reasons the 3DS failed. Jacked up price, lack of games, confusing marketing, etc... I'll say this much though: Nintendo anticipated that the 3D in the 3DS would sell the system by itself, and it failed to gain a market outside of the die-hards until a price-drop and the killer apps finally being released shortly afterwards. The Wii's gimmick sold the system by itself, to the point where the system was nearly impossible to find even before the big exclusives were out. The 3DS just didn't light consumers passion the same way, no matter what the reason.
@AlexPuma The 3DS is a lot more popular now and it's selling really well now. Also, if nintendo failed because of those things, what about Sony? The vita is selling less than the "failed" 3DS is. Also, stop throwing the word "gimmick" like it's a bad thing. Gimmick is what sets it apart from the competition whether it be Microsoft's xbox live or Sony's disc (CD, DVD, Blueray) which sell the systems as well. You should also try to be less negative about nintendo in a nintendo website. If you want to trash nintendo there are plenty of other websites where you can do that, people here are tired of having a company they like being bashed, that's why they come here. The reason most nintendo fans who bash sony do that is retaliation because the sony fanboys do the same (and a lot worse, it can't compare)
View the full discussion!