Japanese business publication Toyo Keizai has released its list of the 500 richest companies in Japan, and Nintendo has come out on top.
Nintendo has a whopping 946 billion Yen in net cash reserves, and is - as we know - currently raking it in thanks to the incredibly successful Switch.
Nintendo's closest rival in the video game sphere is Sony, which came in fourth place on the same list. Sony naturally has other interests outside of gaming, such as consumer electronics and smartphones, which makes Nintendo's achievement even more impressive.
[source japanesenintendo.com, via toyokeizai.net]
Comments 69
Share the wealth, reduce prices 😂
@Bod2019 they already do. They give us amazing my Nintendo rewards
Woot! I knew Nintendo was doing well, but damn that's awesome!
More proof they're going 3rd party.
"Sony naturally has other interests outside of gaming, such as consumer electronics and smartphones, which makes Nintendo's achievement even more impressive."
Not really. Sony's other interests outside of gaming are almost all failures, giving the company huge losses.
The only real major and profitable division for Sony, is it's gaming and PlayStation division. This is why Sony still exist!!!
If Sony had sold of all other divisions and interests, and only made PlayStation and games, the company would generate much lager profits, and probably have a bigger cash reserve than Nintendo!
PlayStation is paying the bill for all of Sony's failures .
But I am so happy, that Nintendo is doing great, and is a healthy company
@1UP_MARIO
😀
Unfortunately as a fully fledged adult with a family and (hefty) mortgage I am mostly impressed by renumeration or heavily reduced pricing. Not necesarily Nintendos problem, but a fact of my existence.
As a side note. I wonder what the margin is on the Switch (console only) and likewise for a big Nintendo game like Zelda/Mario? I've always thought the Switch pricing (in the UK) was a bit too high (hasn't stopped me ordering one though). And that it would be more appropriate (and sell many more units) at around the £200 mark.
Clearly they are selling though, so what do I know. Guess I'm just cheap 😉
@dres
I have high hopes for the new AIBO.
A actual physical digital spy, following you around and listening to your every word.
I don't understand how though lol when song sells more stuff and has more in the market such as PlayStation, TV, music systems, phones, blue ray players ... And ninty only has consoles??? Tis odd to me lol
Lesson for EA. Just make good stuff.
@Bod2019 same boat. I have two mortgages and still find the Nintendo prices in the uk expensive hence Sony Microsoft succcess here.
Your not cheap, we're all cheap here in the uk
@NintyNate
Most of Sony's businesses are noway near as successful as playstation.
@NintyNate
Sony is a much bigger company, with many divisions that generate huge losses. Sony has been on a decline for many years in almost all areas except gaming and PlayStation.
PlayStation makes huge profits for the company, and pays the bill for all the other stuff that doesn't work out for them!
@Dezzy To be fair, no matter how well EA performs it's unlikely to take Nintendo's place at the top of 'Japan's Richest Companies'.
But I agree with the sentiment! Make good stuff, everybody!
@dres do you live in the UK??? Sony thrives here, I don't know of anyone who doesn't own something made by them lol I have only ever owned one thing from sony
Will pushsquare be publishing this article? 😁
Was not expecting them to be number one. Have to say that I am impressed
@1UP_MARIO
x2 the debt, that's just greedy 😁
We are generally a 'very reserved, complain quietly nation', possibly one of the reasons we get stuck with heftier price tags on things.
@Bod2019 nintendo had stated that the switch would not be sold at a loss at launch, unlike other consoles. It had a profit margin built in initially.
I consider Nintendo to be a little bit like Apple in this regard. They try to ensure their products have a certain profit margin and then bank the profits to keep the company going with long term investment and health rather than short term gains. At least this allows them to experiment and whether failures like the Wii U.
@BensonUii And that is why Nintendo is in last place etc etc...
@Bod2019 you’re taking care of your home and family, not being cheap same reason I haven’t bought Doom yet. Roll on Xmas!
@NintyNate
I'm not sure what Sony's current condition is right now, but for years, their other avenues of revenue were hemorrhaging money. They had to completely restructure the company as a result. Playstation was the only runaway success for a time.
Nintendo's conservatism is sometimes irritating, but (generally) the emphasis on quality, value, and proven technology has paid off. I wonder how much they would have if not for a few missteps in the Wii U marketing...
And yet they're still tight as hell and treat their customers like crap.
I said it before: Nintendo have a lot of savings from past successes. They could easily risk several commercially failed consoles successively and still not be in danger of going bankrupt.
Which also means they don't have to play it safe.
@readyletsgo
No they get to report on a fake dog for £1000 HaHa
Doomed!
This is why Nintendo is doing so well, despite the struggles during the Wii U era. They keep a reserve of money in case they have a few bad years. They have supposedly been selling the Switch at profit since day one, and likely the NES and SNES classic editions as well. These cash reserves are also what allows Nintendo to take risks and try new things, compared to Sony and Microsoft, who admittedly have other products, always play it safe and release the same machine over and over with little innovation. Since Playstation first launch, PSVR and Move were their sole experiments, and all Microsoft had was Kinect. But Nintendo always tries something new. It worked for the DS, Wii, and 3DS, it failed for Virtual Boy and Wii U.
@shani To be more exact they could run a deficit for 38 years before they went out of business as of 2014. How long could they last now with an extra 134 bil Yen.........
Let's see if PushSquare writes this as well
Amen.
@dres To be fair to Sony, they've spent hordes more on R&D on failed programs that went nowhere (MiniDisc for example) than Nintendo that has a very tight production lineup, but as a result their overall banked worth may be lower, but their overall scale, size, and assets are certainly larger.
But what you say is true, Playstation is their only major success and IS footing the bill for a lot of the company. Their other successes are insurance (they're a huge insurance company in Asia), financial (they're a huge financial services company in Asia), medical imaging, and their OEM (displays, batteries, memory) production. But the old bulwark of consumer electronics is hemorrhaging cash, plugged by Playstation.
On the flip side Microsoft uses Android revenues to plug the giant money pit that is XBox, and hides the low sales behind Surface.
So if we looked at gaming division success only instead of OEM manufacturing footprints, Sony Playstation probably comes out on top for pure profitability and overall revenues, Nintendo comes in second with vast cash reserves and respectably steady profits, and Microsoft XBox doesn't have enough money to stay running for another hour.
It's funny how the two biggest competitors have identically reversed situations. Playstation is successful and is robbed blind to pay for the rest of Sony. XBox is bankrupt and has been for 15 years and robs the rest of the company blind to pay for itself. Nintendo just ignores it and keeps doing what they've always been doing and it works out 80% of the time.
That is why I never understood the Nintendooomed people. As a company Nintendo has always done well and have been fiscally conservative which allowed them to weather times that they were abandoned by the mainstream consumer. They have been doing this for over a century... most of us will be six feet under before Nintendo goes bust.
It's mind boggling. Then I remember that Apple is 30 times bigger and I'm so glad that I bought 3,000 of their shares when they were at 13 bucks, 20 years ago.
@NEStalgia Ah, NES... I see you have already done my commenting for me. It always makes me shake my head in disbelief when I see so many things being misinterpreted. I'm no Sony fan by any stretch of the imagination, but I do like my facts, and you pretty much summed up most of them.
One tiny addition though: that insurance department is raking in far more money than you think. PS4 is successful right now, but the insurance department is definitely also responsible for quite a bit of the profit margin.
Where Sony was losing the most money over the last couple of years, is in their audio/video department and in computers/laptops, and their third worst department is their music and movie business, although they are actually still making a bit of profit there, but probably not nearly as much as they planned to make.
And as for Microsoft: as long as they still have a tiny little program called Windows, which is still the most widely used OS in the world, they'll be just fine...
The Xbox department is in many ways a separate entity now, but still very much under the rule of Microsoft as a whole, so as long as they are able to keep the cash flow going, Xbox is going nowhere. And the X is truly the most powerful console available right now, so if they fix their marketing and more developers get on board with ACTUAL 4K gaming, instead of that sneaky faux-4K checker-boarding stuff, then the Xbox department might actually end up on the right side of the scale at the end of their next financial year.
@Bod2019 Not happening. The Nintendo Switch haven't reached a full year just yet. And STILL, Nintendo's hybrid platform is still the best selling console in both Japan and North America!
No matter how much successful Nintendo was as a company, haters who hate Nintendo will always find a reason to twist it around not knowing why Nintendo was successful in the first place. People had to realize, Nintendo exist when all other companies were not around. Though they didn't start getting into videogames until the late 70s, they were always known for one thing in Japan, how to be successful in the business world. They fought with competitors and succeed in the same industry. They don't buy out the competitor nor do they bury them with a lawsuit but instead create a whole industry out of them. They also had good relationships with their affiliates, stock holders, employees, staffs, branches, and consumers, something not all companies nowadays were able to keep in check and whenever they find themselves in financial trouble, they know what to do to get back on top rather than submit to the losses.
I betcha those who want Nintendo to fail still believes that Nintendo will end up like Atari and Sega, Atari and Sega were never about the home consoles. Both were always more about arcades and PC over consoles and they had more successes in those market than Nintendo but the arcade industry crash in the early 2000s and any company still making arcade in the west were hit hard, Nintendo did not put arcade above their own home consoles. Sure they make a few at first but most are purely just side games, all their heavy hitters and big sellers were on consoles and every one of their console offers a different gaming experience thus making their home games unique in the console market over their competitors.
Great news for Nintendo and the fans that love them!!!!
I knew Nintendo had money, but more than Sony? Didn't know that one...
@MeloMan More liquid cash. Sony still has a lot more real estate.
@ThanosReXXX Always happy to help! And yeah, the insurance is definitely a big success (why does that make me dislike them even more? ), no question there.
Cinema is so far in the tank Kaz assigned himself to spend 50% of his time in Tokyo and 50% in L.A. personally overseeing getting Columbia back on track.
Microsoft, well, yeah the core company is fine, of course. XBox, the financial problem with XBox started with the X-Box OG, where they debt spent in MASSIVE quantities (they were being used by the Windows/DirectX division for ulterior motives of course), but they spent SO far in debt they still haven't closed that initial gap, and it's going to take a lot of profits to make that happen.
I see X1X being a fair success, but IMO they hamstrung it by tying it to the 1S. It's a great new console, limited by the fact it can't be a new console (Also from what I've heard here it features most of the 4K content as 50-100GB downloads....that 1TB HD fills up in 10-20 games....so it's not very mass market.) I'm not sure they're making much profit on the hardware right now either. Pricy as it is, it's still a tight price point for what it contains. But the killer will be timing. PS5 inevitably is 2-3 years away. I think it will be "successful" but I don't think it's going to be the thing that turns the sinking debt ship afloat. It might be successful enough for MS to let them build an XBox Two and a second chance without selling them off, though, which is all they're probably interested in right now.
BTW, you'll be thrilled to know I actually bought myself a PS4Pro and a PSVR with the holiday bundles. I don't give a rat about 4k (at all, ever, I play on a 23" monitor...too near-sighted to game on a TV comfortably....they don't even make 4k HDR variants of those yet. You can get one or the other but never both (and I don't see them putting 4k on smaller displays for a long time if the trend is anything to go by.) But I did it for the faster load times and better frame rates.
Yes, PSVR is cool. It also reinforces my thoughts that VR as-is will never, ever be truly a mainstream product.....it's bulky, clunky, and you can't help but feel like a total dweeb (do people still say that?) wearing this thing and strapping in like you're launching for Mars. But I can at least say that I'm now part of the niche that likes it in short bursts (still don't intend to play long, I'm already too near-sighted to play games on far away TVs....don't need it to get worse.)
@Ryu_Niiyama I think everybody follows them with the usual expectations of modern business and assumes no liquidity with everything tied up in hard assets and that every gambit risks the fragile house of cards, as most actual liquid values is simply funneled into shareholder value as the company is milked dry until it collapses. Nintendo is unusual in actually hoarding profits for long term success instead of short term shareholder value. Ultimately it makes them the enemy of most investors. They probably should be a coop rather than a public company. But it means the normal predictions for an normal company just don't apply to Nintendo. Even the loathed king of Nintendoom Patcher has always been clear about that.
BTW, speaking of VR to Thanos above, I remembered a conversation from ages ago, it occurred to me you could still appreciate VR....you wouldn't see the stereoscopy, but you'd see it just as you see real reality, and the head tracking view and parallax depth would still apply same as the real world. IMO, the head tracking and parallax is the REAL core feature of it, more than the stereoscopy. 3D is cool, I loved it on 3DS too, but the real thrill is just looking to the side naturally to look for something going on on the side rather than rotating a camera. As an arcade experience you might still enjoy trying it out at some point.
If my maths is correct, that's about $8.5 billion dollars in cash reserves.
@NEStalgia I wouldn't want it that close to my face even if I could "see it". Also doesn't it use a stereoscopic image overlap? Because that is why I get eye melting from the 3ds. Anyway I have to sit a certain distance away from a First person setup or I get disoriented...(having a slight issue with that and Switch Skyrim...sigh). Also I'm going to be um....car dwelling for a few months (expensive car repair issues + shady landlord = homeless Ryu for a few months) so its just going to be me and the handhelds for the time being. Part of the reason I haven't been on here much this month.
@NEStalgia I think Sony Movies lost a lot with several flops and the far lower than expected earnings for the last two Spider-man movies. They did really suck and there actually wasn't any need for them to even be made. They should have just stuck with their original trilogy and should have handed the rights back to Marvel long ago.
But the insurance business gives them a relatively large cash reserve to fall back on if things really turn sour.
If the Xbox One X is supposed to be hamstrung by the S, then the Pro is also hamstrung by the vanilla PS4, so I'd say that this difference is negligible.
And I don't think that the X is going to sell boatloads, but more than enough to be a decisive factor in their financial year either ending on a lesser loss or a slight profit, but either way I don't think that they are going anywhere, so there's going to be next Xbox alongside that new Playstation.
From what I've understood though, there's some growing discontent about the Playstation, because they aren't on par with the X, and offer fake 4K instead. You and me both couldn't care less about it, but for those that want it, having REAL 4K obviously matters, so they don't appreciate such shenanigans.
What still really baffles me is that they have these commercials continuously stating that they offer the full 4K experience, which they obviously don't, so that's a downright lie. Marketing is twisting the truth to your benefit sometimes, but in my career, I never had to lie to sell something.
So, if Sony really comes out with a PS5 in 2, 3 years, then they will have finally caught up, or maybe marginally improved upon the X, but the Xbox division isn't sitting on their own hands either, so the X2 or whatever it's going to be called, is probably also already in development.
Sony may have the larger games library, but I do feel like Microsoft isn't going to let them take away their current advantage in raw power, so the X2 is going to be considerably more powerful than the PS5, if that's even going to be released, seeing as I'm not all that sure that we're still going to get any traditional consoles anymore, or maybe the X2 and PS5 will be the last ones, I don't know. Guess we'll find out in a couple of years.
As for VR: I always kinda liked it, so I can understand the attraction, even though it is indeed only a thing to enjoy in short burst, at least for now. Until they truly upgrade the experience to what you can see and do when gaming in a normal way or better, it will always remain niche. But still a lot of fun, though...
@Ryu_Niiyama saw in your comment you said you will be homeless for a few months, I hope things get better for you!
@Ryu_Niiyama I don't know how accurate it is but I get the feeling people who cry Nintendoom tend to be trying to disguise their personal bugbears with the company into a "concern" for the companies performance. As supposed the "best course of action" always seems to be centred around what those particular people want.
e.g. If I wanted Nintendo games for cheap and was angry Nintendo don't cut the prices. If I was a Nintendoomer I'd think I'd act like Nintendo is losing money by not cutting the prices of their games or not bundling them for free with the console, even when the games are selling well at full price.
I love how all the hate trolls who used to be on this forum have now crawled under a rock in shame.
I'm looking at you sleighf or wateva your switch hating ass was called 🤣
@ThanosReXXX "If the Xbox One X is supposed to be hamstrung by the S, then the Pro is also hamstrung by the vanilla PS4, so I'd say that this difference is negligible."
Oh, absolutely. We both know that the X and the Pro are kind of shoddy mid gen bumps. X was certainly more well thought out. I got a Pro because I'm impatient for loading and wanted cleaner framerates but it's basically scarcely different from my stock PS4 otherwise. X is really nice hardware but as long as it has to be hamstrung to the S, it's still just an XOne with prettier rendering. Granted they have some avenues to fix that with the X that Sony doesn't with Pro, but then when Sony's showcasing PS5, XBox will need a new number to keep up. Not a knock on the X, it's super nice hardware. Was tempted. But it's place in their business is kind of "great product at the wrong time that can't deliver overwhelming results but might deliver what they needed it to do as a stopgap."
It may turn a profit, but not enough to recover the mountain of debt they've racked up. I do feel if X sells well it will secure a next XBox. A step that I think was questionable before the X. MS hasn't been thrilled with them. Personally Sony's offerings (mostly meaning their games, not the hardware) are much more interesting to me than the limited XBox exclusive pool, but even as a Sony "fan"?(wrong phrase....not really a fan, I just like some of the games it has) I want to see a strong XBox. Sony gets OBNOXIOUS when they are unchallenged. Honestly the GAMES management at both companies are quite likable. Spencer, Yoshida, Layden.....very likable execs who you can tell are gamers at heart. (cough Reggie...)
Yeah the Pro was just....such a poorly thought out project. The big key is they didn't want to undercut the existing owners, which is a good thing....but the Pro kind of is what they had already advertised the original to be but wasn't, without being anything significantly upgrade-worthy. Of course, everyone on about 4k just doesn't get it. a 1080p movie looks tons and tons more real than a 4k video game even on a 4k display. All those 1X and pro fans should really be using the 1080p improvements and letting their scalers handle the 4k.
What you describe that XBox is all about raw power makes sense. That was the modus operandi of the original X-Box after all so it's a return to form. And since they have no real games library to leverage, being a PC for people that don't want a PC is a good place for them to form a niche, while PS keeps building "a box to play mari...er...zombie games on."
I do think an X2 and PS5 are inevitable. Sony talked about the generationless upgrade cycle a few years back, but their Pro strategy seems like a commitment to sticking with generations for a while longer. They can't just do a "Pro 2, a bigger incremental jump than last year's!" And they no doubt want a 2.0 VR set next time too. So I think they will do a 5. And XBox will follow up with a 2 to keep brand parity. Though Microsoft could make the X into a 2-Lite....plays S games well or 2 games poorly..... that would be the first true trans-generational system....and X is in a position to pull it off. That would be exciting (I think.)
But the games.....I do wonder how many people are in the market for an expensive-ish box that basically plays EA and Activision games something close to PC levels. MS really hurt themselves gutting Game Studios......PS has really come back from the PS3 era back to a content focus, and with both Nintendo and Sony focused on content, it puts XBox in a weird position of selling XBox as a great machine to play the same games that are on the other system....I imagine if they get more serious about a successful XBox they're going to have to buy a publisher after annihilating their in house publishing. It's the classic MS solution to any problem: Buy someone who has what we want!
@Ryu_Niiyama I will say the face closeness isn't as weird as I thought, partially because I'm a camera enthusiast as well so scoping down digital viewfinders and HUDS in an optically enlarged display isn't a new sensory feeling for me. IT's actually optically moved farther out than it actually is so in terms of eye focusing distance feels similar to "proper" view distance for 3DS.
Image overlap works differently from how it does on 3DS due to the separate displays. 3DS had that whole interlaced thing going on that made it odd. I'm not sure how it DOES work, but it's viewable. Next time I pick it up (it's not a daily thing both for safety and convenience reasons...it's sort of a friday treat) I'll pay attention to that and let you know.
Not sure if the disorientation would be better or worse for you though. in 3D it obviously feels less close up, but I'm not sure how it would be single-lens. Not sure I can get a feel for that without suffering from the original disorientation (I've always played first person plastered to the screen I can see the screen door on a Retina display but I can't read the exit sign above a door...sigh I'm a microscope with feet. )
OTOH, car dwelling does not sound fun......I hope it's neither too hot nor too cold in that desert in Winter! Now THERE is marketing angle Nintendo's ad wizards didn't come up with "strung out millennials living in broken down cars doing MK8 races!" Almost as exciting as the airplane thing....
The bigger question, however is, what happens to the Amaterasu statue? Roof? (I mean, car roof, not, roof roof, because, Ami...dog...I'll show myself out now.)
@dres The sad thing is that the PS3 ate up all of the PS2's profits. That console was reportedly making Sony lose over $500 per console.
@NEStalgia Well, they might just do that, buy a couple of studios. In any case, they aren't going anywhere. Regardless of my feelings about Sony, I do agree about them having the advantage of having the better games library of the two (but then again, I already said that in the previous comment).
But the X is not just about a slightly prettier rendering. It goes deeper than just the picture quality, with higher and more stable frame rates, better upscaling of older titles and so on, so for Xbox fans or enthusiasts, it is definitely a worthy consideration, and for new adopters that truly want that ultimate powerhouse, it's the only option, so it all depends on what they're looking for.
If you're interested in the complete low-down, I can heartily recommend the videos made by our friends from Digital Foundry. Say what you will about them, but their tech videos are pretty damn thorough.
Here's the review of the X: https://www.youtube.com/watch?v=ZJmWsgFl6kA
And if you want to know what the REAL difference is between all versions of the multi-platform games, then there will be plenty of those videos in that same playlist. Or in the list on the right of the YouTube page of that X review video...
I'm not entirely following you with the 1080p movie vs 4K game thing, although I do agree that no matter the height of the resolution, there's still some ways to go before we get total realism in games. But man, some games in native 4K are pretty damn close, for the environments and vehicles at least, and characters are slowly but surely getting there as well. Maybe 8K would be the ticket to that...
And I think Microsoft has done well to come up with a native 4K system. In comparison to PC and mainstream media and equipment as well, consoles are falling behind, and we already have one box that up-scales to "real" 4K. Not having to up-scale every title is also a benefit and allows the hardware to focus on more important things.
As for the Xbox following the Playstation when they release nr. 5: like I said, I think that Sony is now following Microsoft, at least where it concerns being the better hardware. Now that they have that advantage, Microsoft would be stupid to let that go away again for their next machine, so it's actually Sony that needs to make a BIG step now, since any incremental update to make a PS4.5 Pro or PS5 equal to or slightly better than the X isn't going to cut it anymore, so they need to make a larger jump, and THAT is exactly what makes me personally doubt that there's going to be another console within the next 2 years. What's going to happen with all those Pro adapters, then? Not all of them have had a regular PS4 before that.
That system better be COMPLETELY backward compatible with the entire PS3/PS4 catalog that the Pro can now run, or else they might very well be making a BIG mistake. I'll believe it when I see it happening, and if it does, you can send me an "I told you so" and I will be graceful enough to acknowledge it...
Oh, and before I forget: that hardware advantage that Microsoft now has, also counts where it concerns the built-in media player.
To me, it is actually incomprehensible that Sony, a media company first and foremost, didn't feel that they should have added a higher quality media player in their own console (they're probably betting on digital-only, which is a big mistake if you ask me), so that's yet another thing where Microsoft comes out on top. And that superior media player is even present in the S.
Hm, looking back at this wall of text, I might have to consider applying for a job at their marketing department. I'm selling their stuff for them, while I don't even have (a) one myself...
@NEStalgia
Hmm that sounds like just looking down a view finder for me then. If the images are separate for each eye then it will look "flat" for me I'd wager. Unless it does like the DMV sign test where one set of images per eye which would make the game unplayable. (I nearly reached through the glass when I got my new license out here because I explained to the lady three times INCLUDING in Spanish that I have one eye and she still didn't understand why I could only see the right side. Had to take my prosthetic out. Very humiliating and frustrating)
View finders and scopes don't bother me (obviously or using telescopes would sorta lost on me lol) even when plotting light curves (because that requires shifting to a reference star as a control group). However FPS games make the world "too big", too much falls into my dead zone for my field of vision on the left and it gets disorienting and makes Resident Evil games really annoying. Skyrim just seems to be that the camera movement is messing with me because I'm only playing it handheld.
I'm a magnifying glass with feet. That wears glasses...
I got my car fixed tyvm...that's why I'm broke now. Actually if I could have picked a better place I wouldn't know where else to go. It's still warm here and I'm still sorta a tourist so I'll use this experience to travel a little more. (If this had happened to me in NC I would have had to move back in with the Rents. I would have ran into traffic after a week of that. I love my folks but...um yeah...that house is too small for the 3 of us now. Big personalities.)
Nah I've got my stuff in storage. I drive a single cab Toyota Tacoma (no lesbian jokes please...I get it enough as is...it is a coincidence not a compulsion.) So when the statue shows up at the post office I'll drop it off at my unit. (provided I'm still...wandering so to speak). Good thing is I'm employed it just was like the worst stuff happened all at the same time. and I ended up with no roof. So I'll either snag an apartment or look at buying a house pretty soon. That was the reason I was renting in the first place...to see if I liked my town.
So Nintendo is a super saver of money and has the slow-and-steady-wins-the-race kinda business model. I def def definitely see an upgraded Switch on the horizon, or rather, I want one. Hopefully micro SD cards will go for cheaper in the near future as well.
@1UP_MARIO best sarcastic comment there is.
@ollietaro Seeing how everything is moving to cloud saves in tablets and smartphones, that will take a long time.
About the OP, kudos to Nintendo! and in your face to all the N64Kids that wanted to keep making gamecubes and going 3d party.
Nintendo is doomed...to drown in all that money.
UGH! Why don't they just go third party?!?
This company is DOOMED! No cash and a weak console nobody wants.
@ollietaro It will definitely happen, I think they should just load some power into the dock it would be an easy solution.
@hadlee73 A little under 8.5 billion dollars.
Hopefully Nintendo does this while paying their fair share in taxes. Apple is one of the biggest offenders in offshoring their reserves to dodge paying taxes- they're one of the biggest tax evaders in the USA. Hundreds of millions of dollars that could have gone towards life saving medical treatments have been lost to corporate greed. I hope Nintendo is more responsible. Although, I'm uncomfortable with any company having too much wealth and power, to be honest...
There's been all too many cases in the USA (and around the world) where people's lives have been ruined at the whims of company fortunes and management. "Trickle down" doesn't work for community enrichment in the long run. I've always found it funny how relatively few people have a problem with companies being able to stockpile unlimited amounts of wealth if they are able, but as soon as the idea is brought up of increasing the minimum wage to compensate for overall wealth being shifted from flowing throughout communities to being mostly held within increasingly larger private reservoirs, everyone goes ballistic.
Well, all the more reason Nintendo doesn't need my money for an NS sale right now. Or really any first party game sales. I think I'll buy those second hand only for the time being, only buying new copies of third party games.
@Ryu_Niiyama Thank you for sharing your hardships with us. We may not be able to do much for you, but taking care of people who need it, in ways both great and small, is always going to be more important than measuring how disgustingly wealthy a company can possibly get. It's quite sobering to see a bit of reality seep into this article of showcasing Nintendo's executives basically being able to live in a shining golden castle on the hill, while down in the not so illuminated fields, many such as yourself are not so fortunate.
Not really surprising news since they've been getting me to buy the same games over and over for years now.
Also 30 billion yens-ugu is about 50 quid real english money lol
@PlywoodStick Thanks for the concern but it’s not so bad. At least I’m employed and I have a car (that runs like a champ after the repair bills) I just had a lot of financial hits happen back to back and my landlord (who imo is way worse than a company full of hard working folks turning a profit. But im a little annoyed so it could just be how I feel right now. ) so after a few months ill have the advance cash needed to get a place and hire movers (if moving out doesn’t put me in the hospital first) and then life goes on. Any situation can improve so long as you keep putting one foot forward imo. Although I may be done with renting in this state....not a fan so far.
@PuppyToucher Aww thanks! Tsunami of unfortunate events and my landlord decided to sell the house right after I’d agreed to renew. Found out from the neighbors this happened to the previous tenants so I guess I got scammed. Happens to everyone at least once I guess.
Either way. Fantastic time to be a Switch owner.
@Minotaurgamer What will take a long time? Cheaper micro SD cards or an upgraded Switch?
@YANDMAN Doesn't the dock already offer more power? That's why the system offers improved framerates and an upgrade to 1080p for games when docked. I'm sayin' they could soup up the handheld portion as well.
@ollietaro thats just how the system switches, there is physically nothinbg in the dock. If they made one with a bunch of extra ram the system would be much more capable and wouldnt need to be dumbed down on ports at all.
@ollietaro As components get smaller and cheaper they will do that. They are fighting a battle of space andf the unit has none spare.
@YANDMAN So Switch games run at 720p in handheld mode just to conserve battery life? And switches to 1080p in docked mode b/c it's plugged in? But then how do you explain the improvement to framerate when it is docked? Is framerate compromised for battery life in handheld mode as well?
@ollietaro Framerate is not switchable depending on where it is docked to my knowledge, that is coded within the game. They often look better on the handheld due to the obvious small screen. but yes i would definitely say this is to conserve battery, there is no other explanation.
@ollietaro Just look at the tiny 3d printed docks people have made, they obviously are not fitting anything fancy to it, just simple connectors.
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