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Is Nintendo doomed? Not likely. Just take a look at how much money it's got in the bank

GamesRadar - Fiscal projections. Capital budgeting. Shareholder investment. Yadda yadda yadda. Unless you like accounts and annual reports and stock markets and banks and all that, the world of corporate finance is really boring. But not today. Check this out for a completely not boring financial fact about Nintendo: Nintendo has £6.7 ($10.5) billion in the bank and, even if making big losses every year, that considerable nest egg would keep the company going until 2052. That's, like, 40 years away.

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madara0sama2322d ago

Probably owes half the profit to Mario.