I'm not even the one who brought up the word biased or a video game drop out,
But that's what this topic is about.
Then there's people saying Nintendo's gonna go out of business when they probably have more cash for video games
I haven't seen anyone in any thread claim Nintendo is going out of business. There are people musing over whether Nintendo will go third party (that's not going out of business), and then there are people who like to think about the potential of Nintendo being acquired (again, that's not going out of business). But no one is saying Nintendo is going the way of THQ.
Furthermore you overestimate the value of cash in the bank. Cash in bank has very little benefit to an organisation. It's just sitting there. Most organisations invest cash on product development or marketing to increase revenues/ provide competitive advantage. By putting the cash to work with wise investments corporations end up in a better position than their immediate rivals.
For whatever reason Nintendo is sitting on cash. There are reasons to do that, but it has the consequence of failing to improve shareholder confidence. The scenarios that people are considering - Nintendo being acquired or going third party - are both intimately linked to shareholder confidence in Nintendo. That confidence drops off and both cases start to look more and more likely.
So in other words, when you get down to the reason behind these "doom and gloom" (lordy I hate that phrase) articles in the legitimate corporate media, Nintendo's cash reserves mean next to nothing.
