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Forums - Nintendo Discussion - Nintendo won't hit their forecasts. How did they get them so wrong?

 

What's up with the forecasts?

Nintendo are too optimist... 146 68.22%
 
Nintendo are trying to de... 68 31.78%
 
Total:214

I agree that 3DS underperformed and could have done better. I didn't agree with the 18m forecast I don't think, but 15m at least ...



 

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pezus said:

"Won't hit" is an understatement . They will be millions off on both

Don't worry Sony will be bankrupt in the next 2 years and PlayStation 5 will never happen ;)

Moderated,

-Mr Khan



Nintendo never believed they'd hit those targets. Setting high targets gives investors the illusion that you are selling a product that will be highly desired by the market. When Nintendo fails to hit those targets, Iwata will make some lame excuses and make it seem like the only reason they failed to hit those targets is some outside factor beyond their control.

You'll hear some absolute gems come then end of the financial year. Iwata will definitely blame Western markets (this plays well with the xenophobia of Japanese investors) and don't be surprised if the old 'bad weather' excuse comes out again. He'll then apologize and pretend that the company will learn from its mistakes.



Xen said:
If you look at the Wii U situation at least, Nintendo is completely incapable of reading the market.

Why is Nintendo incapable of reading the market? The Nintendo Wii U just need more games, like it was with the Nintendo 3DS!!! And it's NOT Nintendo's fault that 3rd Party developers are not able to make great games for the Nintendo Wii U and are only able of makeing awful console ports with no support!!! And Nintendo can not make all the games alone which the Nintendo Wii U really needs to get more sales because at least Nintendo is not EA and they make quality games instead of rushed ports or something!!!



Sometimes, I wonder if Nintendo just put's a couple of numbers in some basket and pick 1 randomly and then proceed to calling it their forecast.



Predictions for LT console sales:

PS4: 120M

XB1: 70M

WiiU: 14M

3DS: 60M

Vita: 13M

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TheGhosts said:
Xen said:
If you look at the Wii U situation at least, Nintendo is completely incapable of reading the market.

Why is Nintendo incapable of reading the market? The Nintendo Wii U just need more games, like it was with the Nintendo 3DS!!! And it's NOT Nintendo's fault that 3rd Party developers are not able to make great games for the Nintendo Wii U and are only able of makeing awful console ports with no support!!! And Nintendo can not make all the games alone which the Nintendo Wii U really needs to get more sales because at least Nintendo is not EA and they make quality games instead of rushed ports or something!!!

You're joking, right? Please tell me you're joking.



Purple said:
Nintendo never believed they'd hit those targets. Setting high targets gives investors the illusion that you are selling a product that will be highly desired by the market. When Nintendo fails to hit those targets, Iwata will make some lame excuses and make it seem like the only reason they failed to hit those targets is some outside factor beyond their control.

You'll hear some absolute gems come then end of the financial year. Iwata will definitely blame Western markets (this plays well with the xenophobia of Japanese investors) and don't be surprised if the old 'bad weather' excuse comes out again. He'll then apologize and pretend that the company will learn from its mistakes.


nice hypothesis but the negativity and backlash of missing the forcast greatly outweigh the illusions 



benji232 said:

Sometimes, I wonder if Nintendo just put's a couple of numbers in some basket and pick 1 randomly and then proceed to calling it their forecast.

Thaaaaat... would be hilarious! 

Now let's think about this for a second. Wii U sold about 3+ million in 45 days after launch (if I'm correct) and about 3.5 million at the end of fiscal year. So it kind of makes sense that they expected about 9 million. A lot of "system sellers" (as shown in the present, that didn't work) were releasing, so if they sold about a third of their goal in less than two months, it would've made sense to do that three times in 12 months.

Of course, they didn't expect to get such a long drought and that their games would not boost the numbers, or that their hardware wasn't so anti-buyme, so I would say they were delusional.



Bet with bluedawgs: I say Switch will outsell PS4 in 2018, he says PS4 will outsell Switch. He's now permabanned, but the bet will remain in my sig.

NNID: Slarvax - Steam: Slarvax - Friend Code:  SW 7885-0552-5988

Nintendo's forecasts are the definitive definition of wearing "rose colored glasses."



TheGhosts said:
Xen said:
If you look at the Wii U situation at least, Nintendo is completely incapable of reading the market.

Why is Nintendo incapable of reading the market? The Nintendo Wii U just need more games, like it was with the Nintendo 3DS!!! And it's NOT Nintendo's fault that 3rd Party developers are not able to make great games for the Nintendo Wii U and are only able of makeing awful console ports with no support!!! And Nintendo can not make all the games alone which the Nintendo Wii U really needs to get more sales because at least Nintendo is not EA and they make quality games instead of rushed ports or something!!!


um what? 3rd parties have little to do with Nnty's forecasts. What games would have released that would have made Ninty meet their forecasts?