Apparently Nintendo has almost $1 billion more in the bank than Sony. What's odd is that Bill Gates himself has way more money than Microsoft itself.
Title: RE:Nintendo is worth more than Sony
Post by: TrueNerd on October 29, 2006, 11:22:10 AM
Yeah, it's nice not having electronics and movie production segments of your business being a tremendous burden on your bottom line.
Title: RE: Nintendo is worth more than Sony
Post by: Ceric on October 29, 2006, 01:02:10 PM
Interesting read. So Microsoft gearing for profitability in 2008. So they want to be going into the next next gen being profitable. That's actually still on par with there original two gens to profitability prediction.
Title: RE:Nintendo is worth more than Sony
Post by: Arbok on October 29, 2006, 01:37:23 PM
Quote Originally posted by: Brandogg Apparently Nintendo has almost $1 billion more in the bank than Sony.
Doesn't mean that Nintendo is worth more than Sony. Push comes to shove, and Sony starts selling some of its divisions, the company would easily have more money at its disposal.
Title: RE: Nintendo is worth more than Sony
Post by: Ceric on October 29, 2006, 04:30:14 PM
Like K-Mart and Sears. Sears went to buy K-Mart who had much less money but they had a lot of prime real estate. So they liquidated all that good real-estate to turn and buy Sears. Thus Sears Holding Company was born.
Title: RE: Nintendo is worth more than Sony
Post by: BranDonk Kong on October 29, 2006, 05:28:07 PM
True, but Sony is tanking right now. I think Nintendo should buy them. Wouldn't that be a bitch?
Title: RE: Nintendo is worth more than Sony
Post by: Ceric on October 29, 2006, 05:51:12 PM
I'm sorry but buying a ship that can't hold water doesn't sound like a good idea. I could see some of the other electronics company liberating them from there other divisions.
Title: RE:Nintendo is worth more than Sony
Post by: Arbok on October 29, 2006, 07:25:48 PM
Quote Originally posted by: Ceric I'm sorry but buying a ship that can't hold water doesn't sound like a good idea. I could see some of the other electronics company liberating them from there other divisions.
Exactly, the film business works on such acquisitions, just how Sony itself swallowed up Columbia. So I would expect, if Sony ever did melt down, that several of the divisions would be split up and sold off to different companies.
Title: RE:Nintendo is worth more than Sony
Post by: JonLeung on October 30, 2006, 08:27:05 AM
It would really shut up all those PlayStation fanboys that keep saying Nintendo should exit the console business if Nintendo bought Sony's game division, then eventually dissolved/disbanded it.
Title: RE: Nintendo is worth more than Sony
Post by: BranDonk Kong on October 31, 2006, 03:02:28 PM
Well it would be pretty awesome to have a Gran Turismo game on the Wii, or the next console, assuming it uses similar freehand controls.
Title: RE:Nintendo is worth more than Sony
Post by: S-U-P-E-R on October 31, 2006, 08:56:49 PM
in the bank != all assets
Title: RE: Nintendo is worth more than Sony
Post by: 18 Days on November 01, 2006, 03:25:46 AM
I once painted a version of THe Girl with the Pearl Earring whom Scarlett Johansson played in the movie that was based off the book off the painting.
