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nickcv · Mar 13, 2012

http://www.gamesradar.com/nintendo-doomed-not-likely-just-take-look-how-much-money-its-got-bank/

Here's the exact quote taken from a feature in the latest issue of the UK's Nintendo Gamer magazine: "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."

thanks to Kazerei (post #86) here is a graph to give a context to those numbers:
the graph is the result of computed data of the 3 companies public declared incomes

Taco_Human · Mar 13, 2012

Still doomed. Lol. Haters.

foodtaster · Mar 13, 2012

we rollin biatches

Professor Beef · Mar 13, 2012

Only 10.5 billion? Pfft.

zroid · Mar 13, 2012

SteeloDMZ · Mar 13, 2012

Time to put the monies to use for an excellent WiiU first party lineup.

demosthenes · Mar 13, 2012

Money won't be their problem, it will be talent to replace the older crowed in 5-10 years.

Wario64 · Mar 13, 2012

Are they making games for iOS? Yeah, didn't think so.

BassForever · Mar 13, 2012

Professor Beef said:
Only 10.5 billion? Pfft.

We have to compare to how much Apple has, cause they're the future of everything. If Nintendo has less then they're still doomed according to Forbes.

Emitan · Mar 13, 2012

so they're doomed in 2053?

Boney · Mar 13, 2012

if nintendo kept losing money at the rate it's losing and sony stopped losing right now, it'd take 40 years for nintendo to catch up to sony

(i know my math is wrong shh)

idwl · Mar 13, 2012

how much interest are they making of that per year?

Derrick01 · Mar 13, 2012

But Apple has like $100 billion so Nintendo's dead /games journalist

Kai Dracon · Mar 13, 2012

Billychu said:
so they're doomed in 2053?

At least we have a date for when they go 3rd party.

Puppet Shadow · Mar 13, 2012

Sony: Dudes, we could totally use a loan. Come on, ya know we're good for it...

numble · Mar 13, 2012

Why is that premised on a 20 billion yen loss/year? Nintendo itself predicted the loss for the latest full year will be 65 billion yen (~$800 million):
http://www.bbc.co.uk/news/business-16737858

Grinchy · Mar 13, 2012

They save money on R&D by using last generation's hardware.

Instro · Mar 13, 2012

Grinchy said:
They save money on R&D by using last generation's hardware.

But Nintendo spends the most on R&D iirc.

botty · Mar 13, 2012

Grinchy said:
They save money on R&D by using last generation's hardware.

That people buy.

RumblingRosco · Mar 13, 2012

idwl said:
how much interest are they making of that per year?

100 million a year assuming a weak 1% interest.

BY2K · Mar 13, 2012

Grinchy said:
They save money on R&D by using last generation's hardware.

That's actually where the spent the most, if memory serves.

Vic · Mar 13, 2012

Boney said:
if nintendo kept losing money at the rate it's losing and sony stopped losing right now, it'd take 40 years for nintendo to catch up to sony

(i know my math is wrong shh)

Boney, just want to tell you: your math is wrong, dead wrong actually.

You're welcome.

Professor Beef · Mar 13, 2012

BassForever said:
We have to compare to how much Apple has, cause they're the future of everything. If Nintendo has less then they're still doomed according to Forbes.

Oh yeah? Well, Apple isn't the future of...um...food.

Yeah. Suck it.

ChuyMasta · Mar 13, 2012

Time to invest.

Emitan · Mar 13, 2012

BY2K said:
That's actually where the spent the most, if memory serves.

R&D basically has an unlimited budget. Didn't they recently build a new R&D building?

Sweeper17 · Mar 13, 2012

too bad when a game company loses money on hardware its close to the billions not millions. They could survive maybe 10 years without profit on that at max.

Night_Trekker · Mar 13, 2012

Always doomed because kiddy games and soccer moms.

Grinchy said:
They save money on R&D by using last generation's hardware.

Lateral thinking of withered technology, bitches! *fires Zapper gat*

Emitan · Mar 13, 2012

Sweeper17 said:
too bad when a game company loses money on hardware its close to the billions not millions. They could survive maybe 10 years without profit on that at max.

Where do you work?

BY2K · Mar 13, 2012

Billychu said:
R&D basically has an unlimited budget. Didn't they recently build a new R&D building?

Not for R&D specifically, but they do have a brand new building.

StickSoldier · Mar 13, 2012

That's not that much, really.

Digishine · Mar 13, 2012

And only 10 years if they go the road like sony losing 1Billion

sfedai0 · Mar 13, 2012

Can they maybe put some money in to quality materials for their hardware? Stuff looks like cheap, plastic kids toys.

Metalmurphy · Mar 13, 2012

Good. Make the WiiU $250 then. You can take the loss.

lordfroakie · Mar 13, 2012

Stolen from other thread:

Brazil · Mar 13, 2012

Billychu said:
R&D basically has an unlimited budget. Didn't they recently build a new R&D building?

They're going to start working on a new building. Not an R&D building specifically.

Boney · Mar 13, 2012

Vic said:
Boney, just want to tell you: your math is wrong, dead wrong actually.

You're welcome.

leave poor sony alone ;_;

Log4Girlz · Mar 13, 2012

Instead of a piggy bank they have a blue whale bank.

That's a new low for me. What a horrid joke. I made myself smile though.

guek · Mar 13, 2012

Brazil said:
They're going to start working on a new building. Not an R&D building specifically.

So what you're saying is they're currently conducting R&D on the new building...

Poimandres · Mar 13, 2012

If you want to put an end to the "Nintendo is doomed" attitude, maybe making a thread title with the words "Nintendo" and "doomed" in it isn't the best idea?

Vulcano's assistant · Mar 13, 2012

JWong · Mar 13, 2012

That's about 21x Microsoft Kin development.

StreetsAhead · Mar 13, 2012

Brazil said:
They're going to start working on a new building. Not an R&D building specifically.

Work has begun on this building.

Somnid · Mar 13, 2012

guek said:
So what you're saying is they're currently conducting R&D on the new building...

It'll be operational fall of 2013 IIRC.

Baconsammy · Mar 13, 2012

Professor Beef said:
Only 10.5 billion? Pfft.

Apple calls that Casual Friday Pizza Party money.

Emitan · Mar 13, 2012

Somnid said:
It'll be operational fall of 2013 IIRC.

So 3DS revision in 2013? I see.

Aguila · Mar 13, 2012

sfedai0 said:
Can they maybe put some money in to quality materials for their hardware? Stuff looks like cheap, plastic kids toys.

Um, their stuff is all made with Nintendium, the strongest material known to the video gaming world. Just throw a Wii Remote at your TV and see which one breaks... do it.

RomanticHeroX · Mar 13, 2012

Come on now, all these facts are getting in the way of the narrative. Nintendo is doomed, nobody wants traditional handhelds and the WiiU may as well not even exist. These are the facts that I'm choosing to purport.

CornBurrito · Mar 13, 2012

10.5 billion? That's fucking pocket change.

Para bailar La Bomba · Mar 13, 2012

So no Apple takeover?

*runs*

aknbad30 · Mar 13, 2012

10.5 billion?!? Still dOOmed.

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