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Forums - Nintendo Discussion - Nintendo announces Q2 results (Wii sales down 80%) - Net lose is $25 mln

- Nintendo posted operating income of ¥54,232 ($664) million; the company reported a net loss of ¥2,011 ($24.6) million.

- Wii shipment for the quarter was 1.93 million (down from 3.53 in the same quarter of last year). DS hardware shipment was 3.54 million (down from 5.73).

- Wii software shipment was 37.04 million (down from 45.14). DS software shipment was 32.42 (down from 42.06).

- Revenue fell 34% to ¥363.16 ($4.44) billion from ¥548.06 ($6.7) billion.

- For the full fiscal year through March 2011, Nintendo maintained its recently revised forecasts. It expects a net profit of ¥90 ($1.1) billion , operating profit of ¥210 ($2.5) billion and revenue of 1.1 trillion yen.

- For the current fiscal year ending March 31, 2011, Nintendo expects to sell 17.5 million Wiis and 23.5 million handhelds.

http://www.nintendo.co.jp/ir/pdf/2010/101028e.pdf



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they shipped 1.9 million wiis down from 3.53 from same time last year.(lowest quarter ever for the wii)

 

3.54 million Ds down from 5.73.

 

not bad ,,,not great



 

 

 



How did they manage to lose money? 3DS (and Wii 2?) R&D?



WoW.....80% down and a loss.



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because exchange rate,right?



Zones said:

- Nintendo posted operating income of ¥54,232 ($664) million; the company reported a net loss of ¥2,011 ($24.6) million.

- Wii shipment for the quarter was 1.93 million (down from 3.53 in the same quarter of last year). DS hardware shipment was 3.54 million (down from 5.73).

- Wii software shipment was 37.04 million (down from 45.14). DS software shipment was 32.42 (down from 42.06).

- Revenue fell 34% to ¥363.16 ($4.44) billion from ¥548.06 ($6.7) billion.

- For the full fiscal year through March 2011, Nintendo maintained its recently revised forecasts. It expects a net profit of ¥90 ($1.1) billion , operating profit of ¥210 ($2.5) billion and revenue of 1.1 trillion yen.

- For the current fiscal year ending March 31, 2011, Nintendo expects to sell 17.5 million Wiis and 23.5 million handhelds.

http://www.nintendo.co.jp/ir/pdf/2010/101028e

Wii shipment for the quarter was 1.93 million (down from 3.53 in the same quarter of last year). DS hardware shipment was 3.54 million (down from 5.73).

- Wii software shipment was 37.04 million (down from 45.14). DS software shipment was 32.42 (down from 42.06).

Can you please enlighten me on where it says WII SALES DOWN 80%?





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this loss is probably due to R&D and exchange rates isn't it?




He means that (Current Wii Sales) 0.8*(Current Wii Sales) = Old Wii Sales.

80% down is completely wrong, but I see where he's coming from. It's something more like 40% down isn't it?



MrT-Tar said:

this loss is probably due to R&D and exchange rates isn't it?


Looks that way from what I read. Also, unless I'm missing soimething the OP is totally off, Wii sales in this quarter are not down 80% or anything like that...



Currently Playing: Shin Megami Tensei: Devil Survivor Overclocked, Professor Layton and the Curious Village

Anticipating: Xenoblade, The Last Story, Mario Kart 7, Rayman Origins, Zelda SS, Crush3D, Tales of the Abyss 3DS, MGS:Snake Eater 3DS, RE:Revelations, Time Travellers, Professor Layton vs. Ace Attorney, Luigi's Mansion 2, MH TriG, DQ Monsters, Heroes of Ruin