4 ms·

Nintendo's never been on the verge of bankruptcy. That's a ridiculous myth that's always tossed around by news sites to get more clicks. Nintendo is a surprisin

by aikinai 10y ago

Nintendo's never been on the verge of bankruptcy. That's a ridiculous myth that's always tossed around by news sites to get more clicks. Nintendo is a surprisingly tiny company with billions in cash in the bank. As others have mentioned, they don't have backup cash cows like the other conglomerates so their short-term profits do vary wildly depending on the success of each platform, but the premise of one generation being a matter of life or death is a false.

flukus 10y ago
They've never been close to bankruptcy, but at times it's only been because of the gameboy/DS line.
- rhizome 10y ago
  "If it wasn't for the popular things they sell, they'd be out of business!"
  - flukus 10y ago
    You're right, but there have been times where their handheld domination has looked shakey, which makes their whole future look shakey.
    - rhizome 10y ago
      What handheld has come anywhere closer than smelling the GameBoy family's farts?
- nikanj 10y ago
  The giant pile of savings probably helps more than the DS. http://nintendotoday.com/nintendo-not-doomed/ http://nintendotoday.com/nintendo-not-doomed/
riffraff 10y ago
> Nintendo is a surprisingly tiny company with billions in cash in the bank. I never realised this, so I went and checked. Nintendo has (per wikipedia) only 5k employees, compared to MS and SONY which both have more than 100k (across all divisions clearly).