Why ?
It was a joke about the first one being shit and the second looking like its following its steps
Why ?
Nintendo also has an insane war chest that would allow them to flat-out fail multiple consoles and keep going strong. I think people tend to underestimate them.
I wouldn't tout the new Spider-Mans too much
Their stock was rising in value for much of 2013. They're still a very profitable, and highly valued Wall St giant.
It was a joke about the first one being shit and the second looking like its following its steps
Run children! The android game streaming is upon us!If I owned Google I would buy Roku and Nintendo or Sony and school everyone.
If Nintendo had not given away nearly all of the Wii and DS's profits in dividends they'd still be worth a lot of that. Instead of putting it in the bank to use later for acquisitions or to fuel future endeavors they gave it practically ALL away!
A polar opposite example is Apple which gave no dividend for the entirety of Steve Jobs' run. Now they have nearly $200 billion in the bank and can provide the money to fuel any future project they ever want to do, for practically all eternity.
What Nintendo did with the money it made during the Wii and DS era is damn near criminal. They're even smaller now than they were during the Gamecube days.
The Wii and the DS's success? It was all for nothing. Nintendo could have held onto the money for their future and investors would still have enriched their own pockets because their shares would have to account for that money in the bank.
When compared to other video game related companies...
Edit. Activision-Blizzard: 12.74B
I wouldn't tout the new Spider-Mans too much
It was a joke about the first one being shit and the second looking like its following its steps
TV, consumer electronics, film are much more important sectors for Sony.
Despite the quality it made some money. I still don't see where they use $230 million. Maybe marketing.
Budget
$230,000,000 (estimated)
Gross
696,859,765 (Worldwide)
If Nintendo had not given away nearly all of the Wii and DS's profits in dividends they'd still be worth a lot of that. Instead of putting it in the bank to use later for acquisitions or to fuel future endeavors they gave it practically ALL away!
A polar opposite example is Apple which gave no dividend for the entirety of Steve Jobs' run. Now they have nearly $200 billion in the bank and can provide the money to fuel any future project they ever want to do, for practically all eternity.
What Nintendo did with the money it made during the Wii and DS era is damn near criminal. They're even smaller now than they were during the Gamecube days.
The Wii and the DS's success? It was all for nothing. Nintendo could have held onto the money for their future and investors would still have enriched their own pockets because their shares would have to account for that money in the bank.
Huh? Really? Why would they do that?
Spider-Man movies make money.
Oh, okay. Yeah, it wasn't the greatest, but it still made moneyz.
$230 million was the production budget. The marketing budget for The Amazing Spiderman was at least $100 million more.
And, gross revenues are split with theater owners. It's not like Sony gets all of that $696 million.
Aside from their gaming and music divisions the rest from sony have been bleeding money left and right along with not being competitive for almost a decade or more.
TV might be super high quality sony but no one is going to buy it when you tell them a sony brand will last 15 years when the off brand will last 5, yet your tv cost the price of 6 off brands.
It really is amazing how stupid investor's conventional wisdom can be. Activist shareholder Dan Loeb tried to get Sony to spin off its movie division and investors got all excited even though people who knew better knew Sony was never going to listen to that guy. Sony released a polite press release saying no and that's the best change he managed.
Nintendo missing the Wii U sales forecast next earnings report is going to hit investors like a sack of bricks because Nintendo still publicly insists they can hit it. People like us know better. If Nintendo doesn't announce any change in overall strategy their stock will drop 10% on the first day and probably bleed out another 10-25% in the following weeks.
Either short-sightedness, stupidity, or a lack of ambition to bank the money and grow by putting it to work. Nintendo is one of the few companies I know that doesn't actually seem interested in growing as a company.
Yeah, back at the height of the Wii bubble shares were trading at over JPY70,000 a share. Today they're going for just over 15,000.
If I owned Google I would buy Roku and Nintendo or Sony and school everyone.
Nintendo also has an insane war chest that would allow them to flat-out fail multiple consoles and keep going strong. I think people tend to underestimate them.
Of course they are and Windows isn't going anywhere, but they are throwing away a lot of money with their mobile devices. They had a huge loss with Surface RT this year, almost a billion dollars. That's crazy.
And with Windows Phones, they obviously can't compete with the two other giants, Apple and Google.
They are huge, yes, but at the same time they don't have any successes outside of Windows. Even shareholders wants to get rid of the Xbox division.
Seems Google prefers snapping up robotics companies like Boston Dynamics and anti aging company Calico. They have no interest in down to earth concepts like gaming and home entertainment. Expect them to be partnering with SpaceX in a decade colonising Mars, seriously.
Wow, quite the argument you have there.I think people tend to overestimate them.
I would think it would be opposite since if they fuck up, there is no other back up investments. Warchest is also what's keeping them alive
When compared to other video game related companies...
Edit. Activision-Blizzard: 12.74B
The once thought impossible to reach level that is 4th party?!
No, Iwata and the board at the time just could've announced that they would be ceasing dividends going forward. It was completely at their discretion.Weird, was that Yamauchi's call?
So where does Sony go from here?
Of course they are and Windows isn't going anywhere, but they are throwing away a lot of money with their mobile devices. They had a huge loss with Surface RT this year, almost a billion dollars. That's crazy.
And with Windows Phones, they obviously can't compete with the two other giants, Apple and Google.
They are huge, yes, but at the same time they don't have any successes outside of Windows. Even shareholders wants to get rid of the Xbox division.
probably making games for smartphones and tvs.
$230 million was the production budget. The marketing budget for The Amazing Spiderman was at least $100 million more.
And, gross revenues are split with theater owners. It's not like Sony gets all of that $696 million.
Yet whenever the topic comes up about competing with Sony, you almost always hear "they can't afford to compete on technology" or "they can't afford to buy third-party support" (paraphrasing, of course). Nintendo can't be both rich and poor.
To be fair they did just come out with Chromecast last summer, and it's doing really well for them. So it's not like they don't already have something in this space.
Woah woah, EA is only worth 7 billion these days? That's quite a tumble. They were worth close to twenty billion in the early 2000's.
Of course they can compete. That's just what Nintendo fanboys say to justify Nintendo cheaping out on stuff while making Nintendo look like the loveable scrappy underdog.
If I owned Google I would buy Roku and Nintendo or Sony and school everyone.
Every time I see the font I think of Spiderman.Just like the old days.
It didn't get to be the PS4's font. (Seriously looking back how retarded was that original PS3 font!).
I thought Sony's most successful area is selling insurance.