Analysts expect Nintendo to cut year's profit forecast by 30%

[Ail]

Avinash_Tyagi said:

Ail said:

Avinash_Tyagi said:
Price cut, stronger yen, expected

price cut should have been taken into account when they made their forecast...

When they made that forecast originally it was last spring, they probably never expected a price cut happening this year

That does not speak well of their ability to forecast customer behavior toward their product ( I mean seriously without the cut Nintendo wouldn't have sold over 18 millions units this year at the rythm they were going and they forecasted 26 millions..)

 

When Sony forecasted 13 millions units, everyone knew they were going to have to drop the price to reach that target and Sony knew it too...