menx64 said:
haxxiy said:
Ail said:
menx64 said:
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.......
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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...
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At the CEO level you don't get to keep your job based on what you did 5 years ago.
But based on what you are doing now...
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So true. Nintendo isn't a damned museum to live out of the past.
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Past?... When was the last time nintendo had a net profit?... 20 years ago?... Sorry, but nintendo made a ton of money last FY, and is probably going to be back to black numbers ths FY too... This is not a supermarket boy...
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Earnings have been going down for 3 years . That's all investors look at.
Sure they will make a profit this year, just 80% less than last year, that's not good, that's terrible...
So far this quarter most of the S&P 500 companies that reported earnings handily beat forecast, and then you have Nintendo which trashes their forecast except the wrong way...........
Apple YoY profit forecast for whole year : somewhere around +100%
Google YoY profit forecast for whole year : somewhere around +25-30%
Microsoft : +10-15%
Nintendo : -80%
The numbers speak for themselves......
