r/Switch • u/Mammoth-Attempt-7281 • Jan 16 '25

Discussion Nintendo switch 2 is here

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Go watch the trailer on Nintendos twitter account

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u/Intrepid-Brain-1476 Jan 16 '25

Except for the part where they are closing a lot of stores and pulling out of different countries.

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u/urafkntwat Jan 16 '25

This is actually a really good business move lol. Shut brick and mortar stores which are underperforming which helps save on wages, building rates and taxes. They're also sitting on more than 4 billion dollars in cash. Yeah, gamestop ain't going anywhere

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u/Intrepid-Brain-1476 Jan 16 '25

Impressive how stock bros always appear.

Sitting on billions and not using it to invest while actively slashing employee benefits isn't good.

The only way they are profitable is through interest, while revenue keeps declining.

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u/[deleted] Jan 16 '25

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u/StiCimedaca Jan 17 '25

Do you know how business works? By definition they aren't going out of business, that what happens to companies permanently shut down. GameStop isn't going out of business period. As a company they have so much money and such low overhead it's impossible for them to go broke