JoanMcWench
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- Joined
- Jan 29, 2014
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- NES
I was reading this yesterday & it reminded me of an article I read on gamesradar:
"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."
Which in turn led me to a question I've always had: Does this help or hurt them? Now, you would think it's nothing but helpful. Affording them the time to get things right & explore concepts other companies may not find the time for. But there's the other side of that coin. There's no desperation. No fear driving them to be successful. Do you think this reserve will make NX more or less the console it should be?
"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."
Which in turn led me to a question I've always had: Does this help or hurt them? Now, you would think it's nothing but helpful. Affording them the time to get things right & explore concepts other companies may not find the time for. But there's the other side of that coin. There's no desperation. No fear driving them to be successful. Do you think this reserve will make NX more or less the console it should be?