theprof00 said:
"Nintendo reported that its profits in 2008 were the strongest on record but said that it would struggle to repeat the performance as sales of its two main consoles — the Wii and the DS — level off and foreign exchange turmoil destroys margins." sorry, I was basing my ideas off of this quote. this also from gamasutra: I don't know if I should say I am sorry or what. I think I'm right. It seems to me that everyone else is saying Nintendo, or the report, is wrong and I don't see any concrete evidence why I should believe them outside of intangible guarantees.
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This shouldn't be looked at as saying it's peaked. Here's why.
Nintendo forecasts slight unit sale increase all around and we know their projections are always conservative. The revenue, operating profit and net income projections are all based on a high Yen/low Dollar scenario. As we've noticed in the past few weeks (after Nintendo's fiscal year ended) the dollar has risen against the yen. Any rise will create hgiher revenue, operating profit and net income above what they projected and if it rises back high enough it can easily surpass the record setting figures of last year.
Notice how they expect flat and and a increase for revenue and operating profit already? Hard to say they've peaked even themselves are projecting equal to higher values for most of it with operating (net) income geting a break from a rising dollar.
The rEVOLution is not being televised