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Maybe now, but just before the DS (and Wii), they weren't looking very healthy financially.
by 13ren 18y ago
Maybe now, but just before the DS (and Wii), they weren't looking very healthy financially.
- scott_s 18y agoI don't think this is true. From what I know, even during the GameCube years, they were turning healthy profits.
- chaostheory 18y agoyou're right. even when Nintendo was a dismal 3rd in the last console war with Gamecube, they were still making very healthy profits with the console. still dominating the handheld market helps too. Before Wii, I could wrong, but I think they had about 3 billion in cash reserves.
- deleted 18y ago[deleted]
- wynand 18y agoThey weren't doing too badly but it is worth noting that their revenue grew by 89.8% in 2007 (http://www.i4u.com/article17075.html http://www.i4u.com/article17075.html). This is in part due to the unexpected roaring success of the Wii. Such a feat will be difficult to pull off in the future (although Nintendo is remarkably left-field thinking and might surprise us). So before the Wii and DS, I bet that the profit-per-employee was probably less than that of a Goldman employee. I would be really interested in a 10 or 20 year profit-per-employee comparison between Goldman and Nintendo.