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Sony has $20 billion of cash on hand as of December 2024, Microsoft has $70 billion of cash on hand, and Apple has $53 billion of cash on hand. If something goe

Sony has $20 billion of cash on hand as of December 2024, Microsoft has $70 billion of cash on hand, and Apple has $53 billion of cash on hand. If something goes south, the rest of the company can keep them afloat (and has in multiple cases, see Xbox 360 red ring); Nintendo has no such luxury. Sony receives 38% of their revenue from PlayStation. Microsoft receives 8% of their revenue from Xbox. Apple's amount is four times larger than Nintendo, but insignificant to Apple. Nintendo, meanwhile, >90% at least comes from gaming-related activity (movie and toy licensing might be the exception). Yes, Nintendo is the smallest, the most dependent on the industry, and it's not even close.

bluefirebrand 2y ago
> Sony has $20 billion of cash on hand as of December 2024 Sony is $28 Billion in debt as of 2024 too > Microsoft has $70 billion of cash on hand Microsoft has $62 billion in debt > Apple has $53 billion of cash on hand I'll leave the rest as an exercise for the reader How much debt is Nintendo in? (Hint- It's insignificant) Now you can do the usual capitalist moron MBA shit and moan about how debt is good actually, but frankly Nintendo is Japans most successful company and Sony isn't even in the top 300 Nintendo is real, Sony is a paper tiger
- kod 2y ago
  > Nintendo is Japans most successful company and Sony isn't even in the top 300 by what bizarro metric is Nintendo more successful than Toyota? debt to equity ratio is all you care about?
  - bluefirebrand 2y ago
    Successful may have been the wrong term, but Nintendo is (or was last year at least) Japan's richest company. This is not a trivial thing https://toyokeizai.net/articles/-/713322 https://toyokeizai.net/articles/-/713322 > debt to equity ratio is all you care about? All I care about? No, but you cannot so easily dismiss it either Companies, even huge ones, that are highly leveraged are in a precarious spot. A competitor could simply buy them, a bad product launch could lead to investors pulling out and the company being parted out and sold... Many industries are littered with the remains of huge, "untouchable" companies that were vulnerable because of their debt load Companies having savings and low debt load is good for the company and its employees actually It is only bad if you are a hyper capitalist investor idiot who doesn't care about the long term success of the company and just want to extract as much wealth as you possibly can for yourself before leaving it to crumble
    - kod 2y ago
      So toyota made more in net income last quarter alone than nintendo has in net cash, but they're less successful? Seems like a really weird metric.
      - bluefirebrand 2y ago
        They also have way more debt than Nintendo's net cash so? Businesses may be comfortable operating in massive debt but it's clearly only sustainable for so long Businesses operating under the kinds of debt loads they take on are what leads to irresponsible government bailouts to keep "key industries" from collapsing when they are unable to service their debt Sure, Toyota is "successful" until it isn't, and then their debt comes due and they can't pay so it collapses We should be encouraging more companies to be responsible like Nintendo

bluefirebrand 2y ago

> Sony has $20 billion of cash on hand as of December 2024 Sony is $28 Billion in debt as of 2024 too > Microsoft has $70 billion of cash on hand Microsoft has $62 billion in debt > Apple has $53 billion of cash on hand I'll leave the rest as an exercise for the reader How much debt is Nintendo in? (Hint- It's insignificant) Now you can do the usual capitalist moron MBA shit and moan about how debt is good actually, but frankly Nintendo is Japans most successful company and Sony isn't even in the top 300 Nintendo is real, Sony is a paper tiger

kod 2y ago
> Nintendo is Japans most successful company and Sony isn't even in the top 300 by what bizarro metric is Nintendo more successful than Toyota? debt to equity ratio is all you care about?
- bluefirebrand 2y ago
  Successful may have been the wrong term, but Nintendo is (or was last year at least) Japan's richest company. This is not a trivial thing https://toyokeizai.net/articles/-/713322 https://toyokeizai.net/articles/-/713322 > debt to equity ratio is all you care about? All I care about? No, but you cannot so easily dismiss it either Companies, even huge ones, that are highly leveraged are in a precarious spot. A competitor could simply buy them, a bad product launch could lead to investors pulling out and the company being parted out and sold... Many industries are littered with the remains of huge, "untouchable" companies that were vulnerable because of their debt load Companies having savings and low debt load is good for the company and its employees actually It is only bad if you are a hyper capitalist investor idiot who doesn't care about the long term success of the company and just want to extract as much wealth as you possibly can for yourself before leaving it to crumble
  - kod 2y ago
    So toyota made more in net income last quarter alone than nintendo has in net cash, but they're less successful? Seems like a really weird metric.
    - bluefirebrand 2y ago
      They also have way more debt than Nintendo's net cash so? Businesses may be comfortable operating in massive debt but it's clearly only sustainable for so long Businesses operating under the kinds of debt loads they take on are what leads to irresponsible government bailouts to keep "key industries" from collapsing when they are unable to service their debt Sure, Toyota is "successful" until it isn't, and then their debt comes due and they can't pay so it collapses We should be encouraging more companies to be responsible like Nintendo