Can Nintendo Use Its Cash to Better Leverage This Competitive Advantage?
Iconic video game company Nintendo (OTC: NTDOY) is absolutely loaded with cash. According to its most recent financial update, the company had over 1 trillion yen in cash and deposits, equating to around $9.4 billion. Considering the market capitalization of the company is just $55 billion, this cash position is substantial.
More than cash, Nintendo's unrivaled video game intellectual property (IP) is a competitive advantage. In this video from Motley Fool Backstage Pass, recorded on Jan. 10, contributor Jon Quast talks with analysts Sanmeet Deo and Clay Bruning about Nintendo's need to use cash to better leverage this valuable IP.
Source Fool.com
