Messages

[)Dark-LInk(]

1

TalkBack / Nintendo Sales and Profits Fall Again

« on: May 23, 2003, 03:47:48 PM »

Quote
Originally posted by: )Dark-LInk(
actually trevor nintendo has over $7 billion  in the bank hehehe....(il try to find the site that said  afew months ago.)

somehow i doubt that, but show me if you can...however

just look in their fiscal year report which is more update, i couldn't find it exactly, maybe you'll do a better job. but i remember an article from a site too just recently that said it had 4.5 billion in cash reserves not 6 or 7.  in the last few months the value of the yen against the dollar has increased which reduces the amount of money that Nintendo has in reserves.   either way it's in their fiscal year report somewhere and it's the most current and accurate number, i'm just not exactly 100% sure what number it is, i just not it's definately not 10 billion.   there's a difference between 4.5, 7, and 10 billion and what you can do with it.

2

TalkBack / Nintendo Sales and Profits Fall Again

« on: May 23, 2003, 07:12:00 AM »

ok that's just so wrong, Nintendo does not have a user base of 12-15 million of the Cube or 10 billion in the bank.  they only have 4.5 billion in us dollars in the bank and there user base is somewhere closer to 9 million.  they have shipped to retail approximately 9.55 systems not sold  to consumers.  Nintendo or any other company doesn't include the lesser sold to consumer numbers in their fiscal year reports, they include where they made their money from which is the shipped to retail numbers.  they shipped and mostly sold 3.3 or 3.9 million systems in the last fiscal year, but only sold 5.6 million this fiscal year (from march 2002-2003), hence the total amount of gamecube systems shipped to retail are 9.55 million, with actual sales at most 9 million probably slightly less.  their goal for just this past fiscal year was to ship 10 million Gamecubes, not total but just for this past fiscal year. obviously they missed their target by a large amount.  if everything went according to Nintendo's original plans they would have at least 13-16 million total cubes sold by now, but they don't.  those were there inital projections that they have to revise down.  you can check all these numbers against their 2003 fiscal year report which is on nintendo.com