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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
Seece on 11 January 2014
Max King of the Wild said:
Mr Khan said:

Agree. You don't want to lowball too badly to show a lack of confidence in your product, but to vastly overestimate makes you seem deluded, unless there's something political at play in terms of Japanese investor relations that i don't know of.

The bigger question here is that Nintendo's been making way off-base predictions for like 3 years now. I don't get how they're still getting away with it.

Have they really been as bad as this though? It hasnt really come to my attention until this year (and somewhat last year)

They've never missed it by so much, but yes every year for as long as I can remember they've not hit it by at the very least 2m?



 

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bucky1965 on 11 January 2014

Don't know what Nintendo's formula for forecasting is. (most forecasting is guesswork).But they are selling enough for them to make a profit. Forecasting is just to please shareholders anyway.



FlamingWeazel on 11 January 2014

Nintendo is really out of touch, I mean really out of touch.



jonathanalis on 11 January 2014

maybe nintendo was aware about the numbers, but it had to please the investors.



menx64 on 12 January 2014

Missing targets? nothing new. Are they worried? Not that much I'd say. Even with Nintendo missing expectations they will profit this quarter.



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osed125 on 12 January 2014
Slarvax said:
Max King of the Wild said:

Nintendo sold 3.06 at the end Dec then .39 at the end of march. terrible drop off which pointed to lower than 9mil sales. ESPECIALLY, since Nintendo missed their forcast by 2.05 already

Yeah, that actually made me feel bad. I wouldn't invest in a company that misses their (already lowered) sales forecast. How is Nintendo bigger than Sony again?

Exactly. That just shows how bad Sony financials are, and how many people here are delusional about it.



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Locknuts on 12 January 2014
FlamingWeazel said:
Nintendo is really out of touch, I mean really out of touch.

Yeah, it seems increasingly as though they are unfortunately. They have a formula for making incredible games but they don't seem to have much of a clue otherwise.



Slarvax on 12 January 2014
osed125 said:
Slarvax said:
Max King of the Wild said:

Nintendo sold 3.06 at the end Dec then .39 at the end of march. terrible drop off which pointed to lower than 9mil sales. ESPECIALLY, since Nintendo missed their forcast by 2.05 already

Yeah, that actually made me feel bad. I wouldn't invest in a company that misses their (already lowered) sales forecast. How is Nintendo bigger than Sony again?

Exactly. That just shows how bad Sony financials are, and how many people here are delusional about it.

Sooooo, we can say M$ wins?



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swii26 on 12 January 2014

http://mynintendonews.com/2014/01/11/nintendo-lowers-wii-u-sales-forecast/



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Seece on 12 January 2014
swii26 said:
http://mynintendonews.com/2014/01/11/nintendo-lowers-wii-u-sales-forecast/

Already being discussed. It's not only wrong but it's not sourced and Nintendo financials aren't even out for a few weeks yet. It's BS basically.