tbone51 said:
I say the exact same thing all the time |
So then, what are your thoughts on the stocks? I personally really avoided the thread myself, as I am not a fan of corporations at all.
tbone51 said:
I say the exact same thing all the time |
So then, what are your thoughts on the stocks? I personally really avoided the thread myself, as I am not a fan of corporations at all.
Soundwave said: From an investment POV it's not that surprising ... Switch is selling well and so did the NES Classic and both are products Nintendo owns/controls the profit stream on entirely. Pokemon GO they only had a small share of the profits. |
Where the f@ck is 3DS on your comment? hmmm...
tak13 said:
Where the f@ck is 3DS on your comment? hmmm... |
3DS is selling alright, 5-6 mill/year is nothing to write home about, investors however can see that they can't keep Switch or NES Classic in stock at all, those are more notable.
VGPolyglot said:
So then, what are your thoughts on the stocks? I personally really avoided the thread myself, as I am not a fan of corporations at all. |
Well god damn. I got played lmao. Im happy i put some money into the stocks. Ill keep it in hopefully itll grow more come holiday, lets see if it sticks
Soundwave said:
3DS is selling alright, 5-6 mill/year is nothing to write home about, investors however can see that they can't keep Switch or NES Classic in stock at all, those are more notable. |
Firstly, You talked about profits, in the last quarter 3DS was responsible for the 42% of Nintendo profits while switch 28%.
Nintendo shipped 820k 3DS units and 2.74m Switch plus 8.5m and 6m software units respectively...
Do you even imagine the current profit margin of 3DS?
Secondly, it's 7.3m, yoy up at its 6th fiscal year, while Nintendo expected 5m in April 2016, 6m in July 2016 and 7m in October 2016...
As for the stock thing? Shake your head, 3DS suffers from the same problems because it sold out in the west on holidays, I have referred to that situation many times, you must have seen it!
Nintendo restocked it in MAY in the USA, only the black New 3ds xl, also the new color scheme 2DS MK7 RED/BLUE, which has sold out again!
Lastly, nes mini it's such a huge commercial success but I don't think that financially is a huge success too, being sold for only 69$ and Nintendo possibly paying royalties for the third party software on it...
Haha, soundwave, Nintendo discontinued nes mini, when 3DS is having a hardware revision ( the best 3ds ever ) being released in july for 149$, implicit price drop of new 3ds xl with retaining the same profit margin, the significantly lower price is owing to the ditching of 3D effect.
UPDATE:
Actually highest in last 8 years, Daniel Ahmad @ZhugeEX:
"Nintendo stock just hit an eight year high.
Strong Switch sales and recent MH news are the main contributors"
Nintendo stock just hit an eight year high.
Strong Switch sales and recent MH news are the main contributors pic.twitter.com/Eg6QYAuLqj
— Daniel Ahmad (@ZhugeEX) May 26, 2017
Damn, really should've got some in the dark days of Wii U, although I probably would've sold a week after Pokemon Go came out
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