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The Market Cap for Nintendo has now passed 19 billion dollars, while Sony has dropped to 17 billion. What this means is that Nintendo has not only 19 billion worth in stocks, but also has 11 billion of it's own "warchest" in their bank account, also known as cash on hand.
It is amazing how much flak Nintendo gets from all angles of the industry when they have earnings like this. Regardless of current conditions for the Wii U (which are slowing improving) Nintendo still shows that they know very clearly how to run a business.
1 comment:
all hail wiiboy101 everything i STATE state means FACT
later is reveaed as a FACT i keep on telling andthey keep on ignoring THEN BANG THE FSCTS HIT THEM IN THE FACE
BACK TO FPS-ING WITH A POINTER MOUSE ON A NEXT GEN SYSTEM
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