Nintendo expected to post operating profit of over $5 billion says Reuters.

Sales - Nintendo expected to post operating profit of over $5 billion says Reuters. - View Post

Ail

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Ail on 09 April 2009

Demotruk said:

Naum said:
Funny even when they annouce ground breaking profits in billion of dollars the stock goes down....

I guess they expected more. Nintendo flopped.

Stock price has nothing to do with current results( except if they widely differ from expectations) but is more inline with the future growth expectation for the company..

Some people probably sold the news too. ( buy on the rumor, sell on the news).

PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

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Sales - Nintendo expected to post operating profit of over $5 billion says Reuters. - View Post

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