More terrible news from Japan: Nintendo has posted a $926 million loss for the first half of the fiscal year ending in March 2012. Take a second look at that number. That’s 926 million dollars. As in “very close to a billion.”

The sheer volume of that amount of cash is staggering. In ones, it would fill a room roughly the size of the one Scrooge McDuck uses to hold his gold. Now imagine simply handing that money over to … someone. Iwata, perhaps. The point is, you had it and now it’s gone. Sucks, right? OK, now you know how Nintendo feels. It gets worse.

Continue reading Editorial — Nintendo’s creeping doom: how the company came to misplace $926 million

JoystiqEditorial — Nintendo’s creeping doom: how the company came to misplace $926 million originally appeared on Joystiq on Thu, 27 Oct 2011 19:00:00 EST. Please see our terms for use of feeds.

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