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Forums - Sales Discussion - Nintendo Quarterly Results (Jul-Sep) 2018, Switch Sales: 3.19M, 3DS 0.64M

Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2019:

Net sales:
¥1,200,000 million
13.7% increase YoY

Operating profit
¥225,000 million
26.7% increase YoY

Net Profit:
¥165,000 million
18.2% increase YoY

 

Nintendo Switch
Hardware: (units)
This quarter: 3.19 million
Cumulative: 5.07 million
LTD: 22.86 million
Forecast: 20.0 million

Software: (units)
This quarter: 24.17 million
Cumulative: 42.13 million
LTD: 111.10 million
Forecast: 100.0 million
(Only counts Digital software that has a retail version)

Nintendo 3DS
Hardware: (units)
This quarter: 0.64 million
Cumulative: 1.0 million
LTD: 73.53 million
Forecast: 4.0 million

Software: (units)
This quarter: 3.32 million
Cumulative: 6.27 million
LTD: 371.16 million
Forecast: 16.0 million



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Was that a bit more than people were expecting? Seems like it by a few 100k



OP needs numbers for key software, (can be found below) but otherwise, much more comprehensive than the other thread.

https://www.resetera.com/threads/nintendo-fy3-2019-2nd-quarter-earnings-release-supplemental-information-top-selling-titles.77806/

Last edited by curl-6 - on 30 October 2018

Seems like they didnt adjust there forecast down, there is no way for Switch to ship 20 Million by End of March 2019



Frank_kc said:
Seems like they didnt adjust there forecast down, there is no way for Switch to ship 20 Million by End of March 2019

15mil next 2Q. Holiday Q does 11mil and Q4 doing 4mil isnt that far out of reach imo



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Frank_kc said:
Seems like they didnt adjust there forecast down, there is no way for Switch to ship 20 Million by End of March 2019

Yeah I just don't see how they plan on shipping 15 million in 2 quarters. 11 million and 4 million in those quarters is just way too high



Frank_kc said:
Seems like they didnt adjust there forecast down, there is no way for Switch to ship 20 Million by End of March 2019

I guess they have incredible confidence in the Pokemon spinoff, and Smash. I'm with you though, I don't think it will happen. In fact, I think they will miss by a good margin. 

Next quarter will be a huge tell at the true projection for the Switch. If they can indeed move 10 - 12 million units, then they may really be on its way to great success, if they end end up in the 6 - 8 million range, then I think it will be a sign that it really is coming to an end for Nintendo in the hardware business. 

For the Quarter, things are good, but the future is still not certain.



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KBG29 said:
Frank_kc said:
Seems like they didnt adjust there forecast down, there is no way for Switch to ship 20 Million by End of March 2019

I guess they have incredible confidence in the Pokemon spinoff, and Smash. I'm with you though, I don't think it will happen. In fact, I think they will miss by a good margin. 

Next quarter will be a huge tell at the true projection for the Switch. If they can indeed move 10 - 12 million units, then they may really be on its way to great success, if they end end up in the 6 - 8 million range, then I think it will be a sign that it really is coming to an end for Nintendo in the hardware business. 

For the Quarter, things are good, but the future is still not certain.

Not reaching 20 million in a single fiscal year is not the end all to a company at a hardware perspective.

 

Otherwise Sony and Microsoft have just as dark of a future as Nintendo do.

 

Wii U didn't even sell 20 million in 5 years, yet Nintendo are now today as successful and relevant as ever.



So 22.86 million Switch's shipped by end of september?

Does that means theres only like 1.8m Switch on shelves atm?



Great sales! 20mil is still possible! Hopefully we start seeing release dates for games in early 2019!



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