What is Digg?149 Comments
- crgnetworks, on 10/12/2007, -5/+106http://www.joystiq.com/media/2006/01/DSPrintsMoney.jpg
- zediker, on 10/12/2007, -1/+60I guess its time to cue the 'It Prints Money!' pictures and jokes.
- djSyndrome, on 10/12/2007, -1/+41Inaccurate title. This is a revised prediction for the fiscal year ending March 31, 2007, not an earnings statement. Should be 'Nintendo Expects One Billion US Dollar profit'.
Now will Nintendo actually make that much money? More than likely. - OpticalLiam, on 10/12/2007, -1/+40http://www.nintendorks.com/chris/archives/dr%20iwata.jpg
'One BILLION DOLLARS!!!' - jjk5, on 10/12/2007, -16/+55[deleted]
- JamesWilson, on 10/12/2007, -6/+42Get Foxit.
- Otto, on 10/12/2007, -3/+36One Billion Dollars!
- Dr. Evil - skellingtonjr, on 10/12/2007, -9/+40Yes I love opening pdfs. Thanks.
- gamesector, on 10/12/2007, -1/+29@se1zure
"LMAO, wow, what nieve fanboys."
LMAO at how you spell the word naive. - wonboodoo, on 10/12/2007, -1/+27Dude, "Net Income" does equal "profit": http://en.wikipedia.org/wiki/Net_income . You are confusing "income" with "revenue".
- kcpwnsgman, on 10/12/2007, -9/+35is it really necessary to have the 9 zeros when saying "billion" would be just as effective?
guess what number this is:
100000000000000000000
and you will see my point. - falstaff, on 10/12/2007, -0/+24@se1zure
Net Income does factor in expenses. You're talking about gross revenues. - dunezone, on 10/12/2007, -4/+28All the upper management at Nintendo, are now walking around with woodies.
- bash, on 10/12/2007, -6/+30Adobe Reader 8 (the new one) is surprisingly fast in itself.
*prepares to be buried* - EvolvedAnt, on 10/12/2007, -0/+22"Girls with giant books are cool."
Perhaps, but little white girl walking in the middle of the ghetto with quantum physics books? You know something is up with her! - leobaby, on 10/12/2007, -2/+18You don't have to buy a wii to get to work.
- leobaby, on 10/12/2007, -3/+17better yet, get "PDF Download" firefox extension. When you click on a pdf it presents a dialog that lets you decide to Download, Open, or View as HTML. Very nice.
- Snowcone, on 10/12/2007, -1/+13@se1zure
Where exactly does it say $1B income... all I see is the word profit. - LittleDanzig, on 10/12/2007, -2/+13Hah, I get it.
Oh wait, no I don't. Nintendo produces consumer-level entertainment products that people can easily choose whether or not they purchase, whereas oil companies produce (for the most part) provider-level products that are directly employed in production by almost every other company on the planet.
So how was that clever again? - SpaceDreamer, on 10/12/2007, -0/+11remember the fanboys who have been claiming for years that Nintendo is dead ?
- djSyndrome, on 10/12/2007, -0/+10120,000 Million Yen = 120 Billion Yen, or about 1B USD.
Your reading comprehension = fail. - pbaehr, on 10/12/2007, -6/+15And, potentially our worst enemy, as you made clear with your post.
- djSyndrome, on 10/12/2007, -1/+9The XBox had motion sensitive controllers? Wow, I must have been living under one serious rock for the last six years.
- boberto, on 10/12/2007, -1/+9http://www.mercurynews.com/mld/mercurynews/business/16427917.htm
Nintendo raised its profit forecast to 120 billion yen ($1 billion) for the fiscal year ending in March from an earlier estimate of 100 billion yen. - inactive, on 10/12/2007, -0/+8Why is Bash being dugg down? Adobe Reader 8 is really frickin' fast compared to version 7. Probably faster than Foxit is even.
- spawnfree, on 10/12/2007, -0/+8they would laugh because they are cleaning up in their sector of expertise.
and the other two are not.
If sony and MS did not have their other profitable sectors keeping them afloat there would be a very different situation right now. - drlha, on 10/12/2007, -3/+10The only problem with that is that billion has different meanings depending on where your are in the world.
- bitwiseplatypus, on 10/12/2007, -1/+8SuperSloth, "billion" usually means 1,000,000,000 (one thousand million), but can also mean 1,000,000,000,000 (although this usage is getting more rare).
- Pebcak, on 10/12/2007, -0/+6You must work for Cingular, I'm guessing.
- JangoFett, on 10/12/2007, -0/+6"You don't have to buy a wii to get to work."
Sure, but what are you going to play when you get there? - Haohmaru, on 10/12/2007, -0/+6Faster than Foxit? Blasphemy!
- PureGamer, on 10/12/2007, -3/+9lol that is hilarious M$!
Instead of MS, there's a MONEY SIGN!1!!111! Microsoft is EVIL because they're a business that wants to make MONEY. HOLY ***** THIS IS A NEW CONCEPT WE GOT HERE!1!111! Maybe Nintendo should give us all a free Wii because they obviously don't need the money. I don't care what you say, Nintendo is out to make a profit as much as Microsoft, hell ANY business is. The only people that use that "M$" thing are fanboys. I LOVE the Wii, and Nintendo, but I realize that every company that offers a product is out to make money, because that's the point in having a business. In short, ***** off. - verifex, on 10/12/2007, -1/+6Great to see Nintendo back in the saddle. Now lets see more fun Wii games that take full advantage of the system. This coming year will be fairly interesting for gamers worldwide, at least I hope! :)
- avidlinuxuser, on 10/12/2007, -1/+61) I choose 120,000 million yen because that is what the PDF states.
2) I wanted the news straight from the source. - racazip, on 10/12/2007, -0/+5Oh, wow. I've been using FoxIt for a few months and I forgot to shudder at the link before clicking it... I've forgotten my dark past!
- wonboodoo, on 10/12/2007, -1/+6And how is Net Income not Profit? http://en.wikipedia.org/wiki/Net_income . Welcome to finance Bubba, you may want to go back to playing your Wii.
- merreborn, on 10/12/2007, -0/+5The title states they made 120 billion yen. You were confused by the fact the submitter called it "120 thousand million". That was the submitter's error.
- RoadDoggFL, on 10/12/2007, -1/+6Maybe Sony can borrow some to pay off their loan...
http://www.digg.com/gaming_news/Sony_takes_out_80_billion_Yen_loan - AmazingAndrex, on 10/12/2007, -1/+6Someone mind tellng me what this was?
- Easty, on 10/12/2007, -1/+6Cue the shopped picture of Iwata with his pinky finger to his mouth and a little speech bubble saying 'One BILLION DOLLARS!!!'.
- br0ck, on 10/12/2007, -1/+6Check out the Mercury News article just above your post where it says that "The Kyoto-based video game manufacturer said it now expected sales of 900 billion yen ($7.54 billion) for the year, up from a previously forecast 740 billion yen." So, $1 billion is the end profit on $7.54 billion in sales.
- biffsputnik, on 10/12/2007, -0/+5Earnings statements and other financials are quite commonly listed in millions due to the fact that in some parts of the world, billion = US trillion. From wikipedia:
Billion may mean:
* Either of two numbers (see long and short scales for more detail):
o 1,000,000,000 (one thousand million; 10^9) - increasingly common meaning in English language usage
o 1,000,000,000,000 (one million million; 10^12) - increasingly rare meaning in English language usage; standard meaning in many other languages.
But, please, carry on calling those who are correct "idiots". - Draracle, on 10/12/2007, -0/+4se1zure, don't ever ever be an accountant.
- TheTjalian, on 10/12/2007, -0/+4I laugh at people who say "Nintendo's gonna die!". They've been around since 1889, I sincerly doubt they'll be going away any time soon, especially considering they're making profit...
- Salgat, on 10/12/2007, -0/+4I wonder how Sony is doing..oh wait they lost 94% of their profit not too long ago..hehe.
- drlha, on 10/12/2007, -1/+5Luckily 120,000 million yen does equal about $1 billion. What is your point?
- brotherfranciz, on 10/12/2007, -0/+4@ kcpwnsgman:
Dude, your example isn't too smart... the submitter used commas, you did not. Obviously:
100000000000000000000
is much more difficult to read than
1,000,000,000 - merreborn, on 10/12/2007, -4/+8Calling "120,000 million yen" buy its proper name, 120 billion yen, would also help.
Again, this sort of thing is why I wish diggers could submit alternate descriptions for links, for diggers to choose between, to improve the quality of descriptions that hit the front page. That way, the "Smart mob" could correct typographical and factual errors, as well as offer something better than "Title says it all" - alarchy, on 10/12/2007, -0/+3@Janus67
Der...net income = profit. Der... - PureGamer, on 10/12/2007, -1/+4@Pebcak
You mean Verizon. -
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