Ail said:
Because sales were down 30% YoY before the cut and even after the cut 2009 fiscal sales will be lower than 2008 fiscal ( a thing about unheard of for a console that had a cut the majority of the year). And because profit will be down 30% or so... It's release something new and watch profit go down again in 2010 fiscal and watch the stock keep going down...
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Actually whether its sales are down for the fiscal year, has yet to be determined, currently profits are expected to be down, but we don't know if fiscal year sales will be down until after March.
Also you're assuming profit would go down in 2010, no certainty of that, in fact it could go back up, depending on slaes, your entire argument is based on speculation.
Only thing you know with any certainty is that profits are expected to be down by 30% for this year from projections
Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!! It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!! Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)







