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In addition to looking at the lighter and weirder side of the game industry, System Update provides the latest information on weekly console updates, DLC, game-specific updates, and other game-industry flotsam and jetsam.
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Analyst expects 20% game sales slide in June
Pacific Crest Securities' Evan Wilson expects Fight Night Round 4 to break 1 million in disappointing month, says recession may be hitting games harder...
- Posted Sep 16, 2008 3:30 pm PT
- 186 comments
It's no secret that Nintendo has experienced incredible success since the launch of the Nintendo DS and the Wii. However, a report from Financial Times this week is attempting to put that success in proper perspective.
According to the article, Nintendo is on track to earn $1.6 million in profit this year--for each of its workers. Given the publisher's latest revenue projections and a workforce of less than 3,000 permanent employees, the business-focused site believes the Wii maker will top the per-employee profit numbers of heavy hitters like Google and Goldman Sachs. The Financial Times believes the search engine giant pulled in about $626,000 for each of its employees, while the global investment firm managed $1.24 million.
Nintendo keeps its profits up a few ways, most notably by outsourcing manufacturing and some game development. It also saves a bundle on employee salaries. Where Goldman Sachs' average employee made $660,000 in total compensation for 2007, the average Nintendo salary clocked in at $90,900.
"We are not experiencing success, just increased overtime," a Nintendo employee told the site. Despite that, the article specifically mentioned the quote was given "with no sign of dissatisfaction."

Pergynt posted Sep 17, 2008 1:55 pm PT (does not meet display criteria. login to show)