PDA

View Full Version : Editorial -- Nintendo's creeping doom: how the company came to misplace $926 million



wraggster
October 28th, 2011, 00:12
http://www.blogcdn.com/www.joystiq.com/media/2011/08/3ds810.jpg (http://www.joystiq.com/2011/10/27/editorial-nintendos-creeping-doom-how-the-company-came-to-m/)More terrible news from Japan: Nintendo has posted a $926 million loss (http://www.joystiq.com/2011/10/27/nintendo-predicts-first-annual-loss-since-getting-on-with-donkey/) for the first half of the fiscal year ending in March 2012. Take a second look at that number. That's 926 million dollars. As in "very close to a billion."

The sheer volume of that amount of cash is staggering. In ones, it would fill a room roughly the size of the one Scrooge McDuck uses to hold his gold. Now imagine simply handing that money over to ... someone. Iwata, perhaps. The point is, you had it and now it's gone. Sucks, right? OK, now you know how Nintendo feels. It gets worse.

http://www.joystiq.com/2011/10/27/editorial-nintendos-creeping-doom-how-the-company-came-to-m/