Seece on 11 January 2014
So April last year Nintendo put out their forecasts for the coming fiscal year. Those included
WiiU HW: 9m
3DS HW: 18m
Along with equally high SW forecasts.
Fastforward to today and it looks like Nintendo will miss both WiiU and 3DS forecasts by 6m a piece.
Now this isn't anything new, Nintendo havn't actually hit a home console forecast in over 3 years (maybe more).
This highlights that Nintendo have failed miserably in reading the market, their expectations are so much higher than they should be.
What's interesting is even last Q when they had the chance to amend them, they didn't. They knew they wouldn't hit them, but they said nothing.
Perhaps they're doing this on purpose, to deceive investors and shareholders? It's one or the other.
