Video game companies seem to be falling on hard times recently, which is disheartening as a fan. I shook my head when I learned that THQ had filed for bankruptcy and the actions of Electronic Arts have been nothing short of aggravating. It seems like these companies have had financial problems in the past but is it possible for a debt agency to go after what is, in essence, the godfather of gaming? Something tells me that Nintendo would not have to worry about this.
Let's say that Nintendo ever did interact with a debt agency; what would come of it? I do not interacting with companies like R.R.S. would be done, especially since the company has proven that it is well-off after a great deal of financial success in the last few years. After all, no system has been able to sell more in Nintendo's legacy than the Wii, so you have to imagine much money would come from that. It's been said that the company's bank account is worth a good billion, which wouldn't be farfetched.
When it comes to the IP which Nintendo has built for itself, you'd be hard-pressed to find a game company with one much greater. Even if someone doesn't play games, chances are that they are familiar with such names as Mario and Zelda. This isn't terribly hard to see why, especially since they have been around for many years and there's a level of trust to be seen in them. Nintendo could stop creating consoles and simply invest time in game development, keeping itself afloat all the while.
This is something that, to me, is outside of the realm of possibility and I believe that the company's press is to thank for this as well. While gamers may criticize Nintendo for a number of reasons, they have played it safe yet smart from a business point of view. Sony, as much as I like the company, once had to close down offices to bring down costs. You never hear about Nintendo going about these kinds of actions, which only drives home the financial point that much more.
I believe that most will agree with me when I say that Nintendo has been financially secure for quite some time. A company that has been in the console business for 30 years and counting should not be one that is easily counted out, whether the changes that they make are to the likings of consumers. Speaking as a fan of their products, I know that there are some aspects which can be done better. However, from an overall perspective, they will be around for a while.
Let's say that Nintendo ever did interact with a debt agency; what would come of it? I do not interacting with companies like R.R.S. would be done, especially since the company has proven that it is well-off after a great deal of financial success in the last few years. After all, no system has been able to sell more in Nintendo's legacy than the Wii, so you have to imagine much money would come from that. It's been said that the company's bank account is worth a good billion, which wouldn't be farfetched.
When it comes to the IP which Nintendo has built for itself, you'd be hard-pressed to find a game company with one much greater. Even if someone doesn't play games, chances are that they are familiar with such names as Mario and Zelda. This isn't terribly hard to see why, especially since they have been around for many years and there's a level of trust to be seen in them. Nintendo could stop creating consoles and simply invest time in game development, keeping itself afloat all the while.
This is something that, to me, is outside of the realm of possibility and I believe that the company's press is to thank for this as well. While gamers may criticize Nintendo for a number of reasons, they have played it safe yet smart from a business point of view. Sony, as much as I like the company, once had to close down offices to bring down costs. You never hear about Nintendo going about these kinds of actions, which only drives home the financial point that much more.
I believe that most will agree with me when I say that Nintendo has been financially secure for quite some time. A company that has been in the console business for 30 years and counting should not be one that is easily counted out, whether the changes that they make are to the likings of consumers. Speaking as a fan of their products, I know that there are some aspects which can be done better. However, from an overall perspective, they will be around for a while.
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