Nintendo Q1 Results

[menx64]

Ail said:

Terrible results.
Sales down 50% compared to same 3 months 1 year ago...

The forecast for the whole year was updated and is now terrible
They only expect to make 35 billion of yen for the whole year, down 80% compared to the previous year...

The whole year forecast was by the way changed drastically, this is not a small adjustment, original forecast was 175 billion of yen of profit.

Watch tomorrow as the stock tanks to new depth......

Starting the bets on how long Iwata gets to keep his job...

 

Now that we have results for all 3 console makers it is probably time that the analysts on this site change their usual song of the this gen is over, sales are going down the drain to another.

Something like Nintendo is crashing and burning but sales related to HD consoles are actually holding steady..........

 

Interesting thing by the way if you look at the publishers results.

Those the most invested in Nintendo platforms are the ones that had the worse results ( Ubisoft, THQ).

EA which is much less present on Nintendo relatively actually had a better quarter than a year ago.......

 yeah, fire the guy who is responsible of making nintendo to make more money this gen alone than what sony has done with the playstation family, yes including the almighty PS2...